ABSTRACT: Hydrogen peroxide (H2O2), a versatile green compound, is increasingly in demand. The electrochemical twoelectron oxygen reduction reaction (2e− ORR) is a simple and environmentally friendly substitute method to the traditional anthraquinone oxidation method for H2O2 production. This study systematically investigates the 2e− ORR process on single transition metal atom-loaded boron fullerene (M − B40) using density functional theory calculations. In evaluating the stability of the catalysts, we found that Au, Pd, Pt, Rh, and Ir atoms adsorbed on hexagonal or heptagonal sites of B40 exhibit good stability. Among these, Pd-modified B40 heptagonal cavity (Pd-B40-heptagonal) demonstrates an ideal Gibbs free energy change for OOH* (4.49 eV) and efficiently catalyzes H2O2 production at a low overpotential (0.27 V). Electronic structure analysis reveals that electron transfer between Pd-B40-heptagonal and adsorbed O2 facilitates O2 activation. Additionally, the high 2e− ORR activity of Pd-B40-heptagonal is attributed to electron transfer from the Pd-d orbitals to the π* antibonding of p orbitals of OOH*, moderately activating the O-O bond. This study offers valuable understanding designing high-performance electrocatalysts for 2e− ORR