China's push for digital transformation is delivering benefits that extend far beyond productivity and competitiveness. A new study by the Asian Development Bank (ADB), prepared by researchers from the School of Management at Fudan University and ADB's Economic Research and Development Impact Department, shows that digital technologies are becoming powerful tools for improving corporate environmental performance. Based on 42,008 firm-year observations covering 5,200 Chinese A-share listed companies between 2009 and 2022, the research finds that businesses adopting digital technologies perform better environmentally while becoming more innovative, transparent and resilient. The findings offer valuable lessons for governments, development institutions and businesses...