How can advanced information and communication technology support corporate environmental performance?

Abstract

In this paper the authors investigate the relationship of advanced information and communication technology (ICT) use and the environmental performance on the company level. Their presumption is that companies with advanced ICT can have better environmental performance as well. The level of ICT development is assessed by Pham’s model, while environmental performance is interpreted along with the model of Schultze and Trommer. The authors tested the models and the relationship of ICT and environmental performance by statistical analysis, using the database of Hungarian Competitiveness Research Centre. Regarding the results, there is a positive connection between high-level ICT use and environmental performance in many aspects. Since advanced ICT allows companies to gather and analyze data extensively, the monitoring of the environmental performance indicators and the intervention, continuous development can be more efficient. Environmental sustainability is not the privilege of large companies, middle size companies are also intensely dealing with this important issue.