Purpose: The numerous benefits and challenges posed by the new digital era heighten the urgency with which enterprises must implement digital solutions (Martinez, 2019). Because of the quick pace of change, a generic technique was developed to provide practitioners with ideas and information on the process of introducing digital features. Digital transformation enables access to a network of connected, untapped big data, which has the potential to benefit both society and the environment. By proactively tackling concerns related to the United Nations' Sustainable Development Goals (Mondejar et al., 2021), such as creating an egalitarian, environmentally sustainable, and healthy society, the development of digital smart systems connected to the internet of things can create new opportunities.
Finding: The study's findings show that the new instruments created by digital transformation must be carefully balanced in terms of intelligent use and environmental, social and economic impact. The ability to make informed decisions about how to use resources and services more effectively has a significant impact on sustainable development, which is influenced by digital transformation by generating competitive advantages, value addition, internal efficiency, and cost savings.
Practical Implications: The study's findings help bank managers understand how to deploy new technology. Managers may be driven to embrace new technology and improve their digital abilities to maintain their companies' long-term viability. This research adds to the body of knowledge by bridging a knowledge gap and giving empirical proof of the empirical influence of digital transformation on achieving sustainable development in the Egyptian banking sector.
environmental sustainability.