2603003283
  • Open Access
  • Article

The Role of Digital Transformation in Supply Chain Sustainability Development: A Perspective Based on Supply Chain Spillovers

  • Yongchang Shen,   
  • Juan Wang,   
  • Jinchao Ma,   
  • Hua Xia *

Received: 10 Jan 2026 | Revised: 09 Mar 2026 | Accepted: 16 Mar 2026 | Published: 20 Mar 2026

Abstract

Digital transformation (DT) is a core driver of supply chain sustainable development (SCSD). From the perspective of supply chain spillovers, this study empirically examines the impact of customer enterprises’ DT on the ESG performance of supply chain partners, using a sample of Chinese A-share listed firms and their disclosed suppliers and customers during 2012–2023. The results show that customer enterprises’ DT exerts a significant positive spillover effect on the ESG performance of supply chain partners, namely an enabling effect on SCSD, and this effect presents an asymmetric characteristic that is more prominent when customers’ DT level exceeds that of their partners. Mechanism tests reveal that this positive spillover is realized through two paths: supply chain coordinated development and supply chain innovation development. Heterogeneity analysis further finds that the above effect is more significant among non-heavy polluting enterprises, state-owned enterprises and enterprises in eastern China. This study enriches the theoretical research on DT and SCSD, and provides empirical evidence and practical guidance for enterprises to formulate DT strategies and optimize supply chain coordination mechanisms, thus contributing to the improvement of overall SCSD level.

References 

  • 1.

    Susitha, E.; Jayarathna, A.; Herath, H.M.R.P. Supply Chain Competitiveness through Agility and Digital Technology: A Bibliometric Analysis. Supply Chain Anal. 2024, 7, 100073. https://doi.org/10.1016/j.sca.2024.100073.

  • 2.

    Arzo, S.; Hong, M. A Roadmap to SDGs-Emergence of Technological Innovation and Infrastructure Development for Social Progress and Mobility. Environ. Res. 2024, 246, 118102. https://doi.org/10.1016/j.envres.2024.118102.

  • 3.

    Tian, L.; Tian, W.; Guo, M. Can Supply Chain Digitalization Open the Way to Sustainable Development? Evidence from Corporate ESG Performance. Corp. Soc. Responsib. Environ. Manag. 2025, 32, 2332–2346. https://doi.org/10.1002/csr.3067.

  • 4.

    Li, P.; Chen, Y.; Guo, X. Digital Transformation and Supply Chain Resilience. Int. Rev. Econ. Financ. 2025, 99, 104033. https://doi.org/10.1016/j.iref.2025.104033.

  • 5.

    Letizia, P.; Hendrikse, G. Supply Chain Structure Incentives for Corporate Social Responsibility: An Incomplete Contracting Analysis. Prod. Oper. Manag. 2016, 25, 1919–1941. https://doi.org/10.1111/poms.12585.

  • 6.

    Ashwell, M.L. The Digital Transformation of Intelligence Analysis. J. Financ. Crime 2017, 24, 393–411. https://doi.org/10.1108/jfc-03-2017-0020.

  • 7.

    Roman, E.A.; Stere, A.S.; Roșca, E.; et al. State of the Art of Digital Twins in Improving Supply Chain Resilience. Logistics 2025, 9, 22. https://doi.org/10.3390/logistics9010022.

  • 8.

    Seyedan, M.; Mafakheri, F. Predictive Big Data Analytics for Supply Chain Demand Forecasting: Methods, Applications, and Research Opportunities. J. Big Data 2020, 7, 53. https://doi.org/10.1186/s40537-020-00329-2.

  • 9.

    He, Z.Q.; Liu, Q. The Crossover Cooperation Mode and Mechanism of Green Innovation between Manufacturing and Internet Enterprises in Digital Economy. Sustainability 2023, 15, 4156. https://doi.org/10.3390/su15054156.

  • 10.

    Wang, X.; Wu, H.; Shen, Y.; et al. Towards Sustainable Supply Chains: Evaluating the Role of Supply Chain Diversification in Enhancing Corporate ESG Performance. Systems 2025, 13, 266. https://doi.org/10.3390/systems13040266.

  • 11.

    Shen, Y.; Ma, J.; Wang, W. Supply Chain Digitization and Enterprise ESG Performance: A Quasi-Natural Experiment in China. Int. J. Logist. Res. Appl. 2025, 28, 1956–1978. https://doi.org/10.1080/13675567.2024.2431556.

  • 12.

    Lu, Y.; Xu, C.; Zhu, B.; et al. Digitalization Transformation and ESG Performance: Evidence from China. Bus. Strategy Environ. 2024, 33, 352–368. https://doi.org/10.1002/bse.3494.

  • 13.

    Fang, M.; Nie, H.; Shen, X.Y. Can Enterprise Digitization Improve ESG Performance? Econ. Model. 2023, 118, 106101. https://doi.org/10.1016/j.econmod.2022.106101.

  • 14.

    Zhao, X.; Cai, L. Digital Transformation and Corporate ESG: Evidence from China. Financ. Res. Lett. 2023, 58, 104310. https://doi.org/10.1016/j.frl.2023.104310.

  • 15.

    Wang, H.; Jiao, S.; Bu, K.; et al. Digital Transformation and Manufacturing Companies’ ESG Responsibility Performance. Financ. Res. Lett. 2023, 58, 104370. https://doi.org/10.1016/j.frl.2023.104370.

  • 16.

    Katz, M.L.; Shapiro, C. Network Externalities, Competition, and Compatibility. Am. Econ. Rev. 1985, 75, 424–440. https://www.jstor.org/stable/1814809.

  • 17.

    Preindl, R.; Nikolopoulos, K.; Litsiou, K. Transformation Strategies for the Supply Chain: The Impact of Industry 4.0 and Digital Transformation. Supply Chain Forum: Int. J. 2020, 21, 26–34. https://doi.org/10.1080/16258312.2020.1716633.

  • 18.

    Benzidia, S.; Makaoui, N.; Bentahar, O. The Impact of big Data Analytics and Artificial Intelligence on Green Supply Chain Process Integration and Hospital Environmental Performance. Technol. Forecast. Soc. Chang. 2021, 165, 120557. https://doi.org/10.1016/j.techfore.2020.120557.

  • 19.

    Rauniyar, K.; Wu, X.; Gupta, S.; et al. Risk Management of Supply Chains in the Digital Transformation Era: Contribution and Challenges of Blockchain Technology. Ind. Manag. Data Syst. 2023, 123, 253–277. https://doi.org/10.1108/imds-04-2021-0235.

  • 20.

    Huang, Q.; Tang, Y. Enterprise Digital Transformation Strategy: The Impact of Digital Platforms. Entropy 2025, 27, 295. https://doi.org/10.3390/e27030295.

  • 21.

    Khan, S.A.; Mubarik, M.S.; Kusi-Sarpong, S.; et al. Blockchain Technologies as Enablers of Supply Chain Map for Sustainable Supply Chains. Bus. Strategy Environ. 2022, 31, 3742–3756. https://doi.org/10.1002/bse.3029.

  • 22.

    Ross, S.A. The Economic Theory of Agency: The Principal’ s Problem. Am. Econ. Rev. 1973, 63, 134–139. http://www.jstor.org/stable/1817064.

  • 23.

    Jensen, M.C.; Meckling, W.H. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. J. Financ. Econ. 1976, 3, 305–360. https://www.sciencedirect.com/science/article/pii/0304405X7690026X.

  • 24.

    Cole, R.; Stevenson, M.; Aitken, J. Blockchain Technology: Implications for Operations and Supply Chain Management. Supply Chain Manag. Int. J. 2019, 24, 469–483. https://doi.org/10.1108/scm-09-2018-0309.

  • 25.

    He, Y.; Li, J.; Ren, Y. Digital Transformation and Corporate ESG Information Disclosure Herd Effect. Financ. Res. Lett. 2024, 65, 105557. https://doi.org/10.1016/j.frl.2024.105557.

  • 26.

    Stroumpoulis, A.; Kopanaki, E.; Chountalas, P.T. Enhancing Sustainable Supply Chain Management through Digital Transformation: A Comparative Case Study Analysis. Sustainability 2024, 16, 6778. https://doi.org/10.3390/su16166778.

  • 27.

    Robert, K.W.; Parris, T.M.; Leiserowitz, A.A. What Is Sustainable Development? Goals, Indicators, Values, and Practice. Environ. Sci. Policy Sustain. Dev. 2005, 47, 8–21. https://doi.org/10.1080/00139157.2005.10524444.

  • 28.

    Bhuniya, S.; Pareek, S.; Sarkar, B. A Supply Chain Model with Service Level Constraints and Strategies under Uncertainty. Alex. Eng. J. 2021, 60, 6035–6052. https://doi.org/10.1016/j.aej.2021.03.039.

  • 29.

    Shan, H.; Li, Y.; Shi, J. Influence of Supply Chain Collaborative Innovation on Sustainable Development of Supply Chain: A Study on Chinese Enterprises. Sustainability 2020, 12, 2978. https://doi.org/10.3390/su12072978.

  • 30.

    Boons, F.; Baumann, H.; Hall, J. Conceptualizing Sustainable Development and Global Supply Chains. Ecol. Econ. 2012, 83, 134–143. https://doi.org/10.1016/j.ecolecon.2012.05.012.

  • 31.

    Elkington, J.; Rowlands, I.H. Cannibals with forks: The Triple Bottom Line of 21st Century Business. Altern. J. 1999, 25, 42–43. https://doi.org/10.5860/choice.36-3997.

  • 32.

    Liu, X.; Wu, H.; Wu, W.; et al. Blockchain-Enabled ESG Reporting Framework for Sustainable Supply chain. In Sustainable Design and Manufacturing 2020: Proceedings of the 7th International Conference on Sustainable Design and Manufacturing (KES-SDM 2020); Springer: Singapore, 2020; pp. 403–413. https://doi.org/10.1007/978-981-15-8131-1_36.

  • 33.

    Drempetic, S.; Klein, C.; Zwergel, B. The Influence of Firm Size on the ESG Score: Corporate Sustainability Ratings under Review. J. Bus. Ethics 2020, 167, 333–360. https://doi.org/10.1007/s10551-019-04164-1.

  • 34.

    Liu, X.; Cifuentes-Faura, J.; Zhao, S.; et al. The Impact of Government Environmental Attention on Firms’ ESG Performance: Evidence from China. Res. Int. Bus. Financ. 2024, 67, 102124. https://doi.org/10.1016/j.ribaf.2023.102124.

  • 35.

    Han, L.; Shi, Y.; Zheng, J.H. Can Green Credit Policies Improve Corporate ESG Performance? Sustain. Dev. 2024, 32, 2678–2699. https://doi.org/10.1002/sd.2803.

  • 36.

    Sun, Q.; Li, Y.; Hong, A. Integrating ESG into Corporate Strategy: Unveiling the Moderating Effect of Digital Transformation on Green Innovation through Employee Insights. Systems 2024, 12, 148. https://doi.org/10.3390/systems12050148.

  • 37.

    Martiny, A.; Taglialatela, J.; Testa, F.; et al. Determinants of Environmental Social and Governance (ESG) Performance: A Systematic Literature Review. J. Clean. Prod. 2024, 456, 142213. https://doi.org/10.1016/j.jclepro.2024.142213.

  • 38.

    Lee, I.; Mangalaraj, G. Big Data Analytics in Supply Chain Management: A Systematic Literature Review and Research Directions. Big Data Cogn. Comput. 2022, 6, 17. https://doi.org/10.3390/bdcc6010017.

  • 39.

    Nadkarni, S.; Prügl, R. Digital Transformation: A Review, Synthesis and Opportunities for Future Research. Manag. Rev. Q. 2021, 71, 233–341. https://doi.org/10.1007/s11301-020-00185-7.

  • 40.

    Stroumpoulis, A.; Kopanaki, E. Theoretical Perspectives on Sustainable Supply Chain Management and Digital Transformation: A Literature Review and a Conceptual Framework. Sustainability 2022, 14, 4862. https://doi.org/10.3390/su14084862.

  • 41.

    Hu, B.; E, X.; Zheng, T.; et al. Can Digital Transformation Promote Hospitality and Tourism Firms’ Investment? Moderating Effect of Financing Constraints and Economic Policy Uncertainty. Curr. Issues Tour. 2026, 29, 354–374. https://doi.org/10.1080/13683500.2024.2420852.

  • 42.

    Xu, Y.; Tiwari, S.; Kazemzadeh, E.; et al. How Does Smart Cities and Digital Economy Facilitate Energy Security and Energy Transition? Empirical Evidence from China. Energy Build. 2026, 351, 116639. https://doi.org/10.1016/j.enbuild.2025.116639.

  • 43.

    Shen, Y.; Tian, Z.; Chen, X.; et al. Unpacking the Green Potential: How Does Supply Chain Digitalization Affect Corporate Carbon Emissions? Evidence from Supply Chain Innovation and Application Pilots in China. J. Environ. Manag. 2025, 374, 124147. https://doi.org/10.1016/j.jenvman.2025.124147.

  • 44.

    Matsieli, M.; Mutula, S. The Role of Government in Facilitating Digital Transformation of SMMEs for Economic Growth. Dev. South. Afr. 2025, 42, 630–648. https://doi.org/10.1080/0376835X.2025.2568855.

  • 45.

    Lee, H.L. Aligning Supply Chain Strategies with Product Uncertainties. Calif. Manag. Rev. 2002, 44, 105–119. https://doi.org/10.1109/emr.2003.1207060.

  • 46.

    Delmond, M.; Coelho, F.; Keravel, A.; et al. How Information Systems Enable Digital Transformation: A Focus on Business Models and Value Co-Production. 2016. Available online: https://minesparis-psl.hal.science/hal-01369141v1.(accessed on 22 January 2026)

  • 47.

    Wang, Q.; Su, M.; Li, R. Is China the World’s Blockchain Leader? Evidence, Evolution and Outlook of China’s Blockchain Research. J. Clean. Prod. 2020, 264, 121742. https://doi.org/10.1016/j.jclepro.2020.121742.

  • 48.

    Li, J.L. How Digital Marketing Capabilities Mitigate the Impact of Financing Constraints on Investment Performance in Industrial Enterprises. Financ. Res. Lett. 2025, 75, 106882. https://doi.org/10.1016/j.frl.2025.106882.

  • 49.

    Yu, W.; Huang, H.; Zhu, K. Enhancing Construction Enterprise Financial Performance through Digital Inclusive Finance: An Insight into Supply Chain Finance. Sustainability 2023, 15, 10360. https://doi.org/10.3390/su151310360.

  • 50.

    Yan, Q.; Ye, F. Financing Equilibrium in a Three-Echelon Supply Chain: The Impact of a Limited Bank Loan. Appl. Econ. 2020, 52, 5756–5769. https://doi.org/10.1080/00036846.2020.1772457.

  • 51.

    Yang, Y.; Han, J. Digital Transformation, Financing Constraints, and Corporate Environmental, Social, and Governance Performance. Corp. Soc. Responsib. Environ. Manag. 2023, 30, 3189–3202. https://doi.org/10.1002/csr.2546.

  • 52.

    Dabbous, A.; Barakat, K.A.; Tarhini, A. Digitalization, Crowdfunding, Eco-Innovation and Financial Development for Sustainability Transitions and Sustainable Competitiveness: Insights from Complexity Theory. J. Innov. Knowl. 2024, 9, 100460. https://doi.org/10.1016/j.jik.2023.100460.

  • 53.

    Lu, Q.; Jiang, Y.; Wang, Y. How Can Digital Technology Deployment Empower Supply Chain Financing? A Resource Orchestration Perspective. Supply Chain Manag. Int. J. 2024, 29, 804–819. https://doi.org/10.1108/scm-10-2023-0504.

  • 54.

    Hao, X.; Liang, Y.; Yang, C.; et al. Can Industrial Digitalization Promote Regional Green Technology Innovation? J. Innov. Knowl. 2024, 9, 100463. https://doi.org/10.1016/j.jik.2024.100463.

  • 55.

    Chu, Y.Q.; Tian, X.; Wang, W Y. Corporate Innovation Along the Supply Chain. Manag. Sci. 2019, 65, 2445–2466. https://doi.org/10.1287/mnsc.2017.2924.

  • 56.

    Ding, H.; Lee, W. ESG and Financial Performance of China Firms: The Mediating Role of Export Share and Moderating Role of Carbon Intensity. Sustainability 2024, 16, 5042. https://doi.org/10.3390/su16125042.

  • 57.

    Zheng, H.; Aishan, W. ESG Ratings and Trade Credit: Inverted U-Shaped Moderating Role of Information Transparency and Executives with Overseas Backgrounds. Environ. Sci. Pollut. Res. 2023, 30, 78554–78568. https://doi.org/10.1007/s11356-023-27729-0.

  • 58.

    Yu, X.; Xiao, K. Does ESG Performance affect Firm Value? Evidence from a New ESG-Scoring Approach for Chinese Enterprises. Sustainability 2022, 14, 16940. https://doi.org/10.3390/su142416940.

  • 59.

    Liu, Q.; Liu, J.; Gong, C. Digital Transformation and Corporate Innovation: A Factor Input Perspective. Manag. Decis. Econ. 2023, 44, 2159–2174. https://doi.org/10.1002/mde.3809.

  • 60.

    Ning, L.; Yao, D. The Impact of Digital Transformation on Supply Chain Capabilities and Supply Chain Competitive Performance. Sustainability 2023, 15, 10107. https://doi.org/10.3390/su151310107.

  • 61.

    Wu, S.; Li, Y. A Study on the Impact of Digital Transformation on Corporate ESG Performance: The Mediating Role of Green Innovation. Sustainability 2023, 15, 6568. https://doi.org/10.3390/su15086568.

  • 62.

    Kim, O.; Verrecchia, R.E. The Relation among Disclosure, Returns, and Trading Volume Information. Account. Rev. 2001, 76, 633–654. https://doi.org/10.2308/accr.2001.76.4.633.

  • 63.

    Bushman, R.M.; Piotroski, J.D.; Smith, A.J. What Determines Corporate Transparency? J. Account. Res. 2004, 42, 207–252. https://doi.org/10.1111/j.1475-679X.2004.00136.x.

  • 64.

    Ding, Q.; Chen, J. How Does Supplier Digitalization Improve Customer Resource Allocation Efficiency? The Role of Supply Chain Entrainment. Int. J. Oper. Prod. Manag. 2024, 45, 1336–1362. https://doi.org/10.1108/ijopm-02-2024-0077.

  • 65.

    Hadlock, C.J.; Pierce, J.R. New Evidence on Measuring Financial Constraints: Moving beyond the KZ index. Rev. Financ. Stud. 2010, 23, 1909–1940. https://doi.org/10.1093/rfs/hhq009.

  • 66.

    Fang, L.; Li, Z. Corporate Digitalization and Green Innovation: Evidence from Textual Analysis of Firm Annual Reports and Corporate Green Patent Data in China. Bus. Strategy Environ. 2024, 33, 3936–3964. https://doi.org/10.1002/bse.3677.

Share this article:
How to Cite
Shen, Y.; Wang, J.; Ma, J.; Xia, H. The Role of Digital Transformation in Supply Chain Sustainability Development: A Perspective Based on Supply Chain Spillovers. Ecological Economics and Management 2026, 2 (1), 3. https://doi.org/10.53941/eem.2026.100003.
RIS
BibTex
Copyright & License
article copyright Image
Copyright (c) 2026 by the authors.