How green and digital transformation shapes industries

Twin transition to a green and digital future




digital transformation, FinTech, EverythingTech, GreenTech, green digitalization


Digital transformation creates challenges in nearly all industries and business sectors. In this article we provide a targeted multidisciplinary and horizontal overview of the extensive yet diverse and fragmented literature on digital transformation, clarifying the boundary conditions for investigating the phenomenon from the point of view of GreenTech and sustainability. There is a clear shift in the decisions of all actors toward sustainability, on which GreenTech solutions are built around. Recent studies highlighted the importance of green digitalization solutions, emphasizing the importance of (digital) technology in addressing sustainability challenges as well as in business and consumer use. Consequently, the authors found, the acceleration of the expansion of digital transformation and the role of GreenTech solutions within its ambit should assume greater prominence in the near future given that ultimately there is no energy transition without digitalization.


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Author Biographies

Balázs Herczeg, University of Pécs

PhD student

Éva Pintér, Corvinus University of Budapest

associate professor

Péter Bagó, Corvinus university of Budapest

assistant professor


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How to Cite

Herczeg, B., Pintér, Éva, & Bagó, P. (2023). How green and digital transformation shapes industries: Twin transition to a green and digital future. Vezetéstudomány Budapest Management Review, 54(5), 51–63.