Peran Green Innovation dan ESG dalam Mewujudkan Sustainability Business: Studi Literatur.

Narisa Vidia Pasa; Bima Agusto Matthew Hutauruk; Nasirwan Nasirwan; Isna Syabila; Nabila Tijani Tharifah; Ruth Nita Hasibuan

doi:10.55338/jeama.v5i2.967

Penulis

Narisa Vidia Pasa Universitas Negeri Medan
Bima Agusto Matthew Hutauruk Universitas Negeri Medan
Nasirwan Nasirwan Universitas Negeri Medan
Isna Syabila Universitas Negeri Medan
Nabila Tijani Tharifah Universitas Negeri Medan
Ruth Nita Hasibuan Universitas Negeri Medan

DOI:

https://doi.org/10.55338/jeama.v5i2.967

Kata Kunci:

green innovation, ESG, sustainability business, Studi Literatur, systematic literature review

Abstrak

Penelitian ini bertujuan untuk menganalisis peran Green Innovation dan Environmental, Social, and Governance (ESG) dalam mewujudkan sustainability business melalui pendekatan Systematic Literature Review (SLR). Penelitian menggunakan data sekunder yang diperoleh dari sepuluh artikel ilmiah yang relevan dan dipublikasikan pada periode 2023–2026. Proses penelitian dilakukan melalui tahapan identifikasi literatur, seleksi artikel, analisis artikel, sintesis temuan, dan penarikan kesimpulan. Hasil kajian menunjukkan bahwa Green Innovation berkontribusi dalam meningkatkan efisiensi penggunaan sumber daya, kinerja lingkungan, daya saing, serta kemampuan perusahaan dalam menciptakan nilai berkelanjutan. Di sisi lain, ESG berperan dalam meningkatkan transparansi, legitimasi, kepercayaan stakeholder, dan pengelolaan risiko perusahaan. Hasil sintesis juga menunjukkan bahwa Green Innovation dan ESG merupakan dua pendekatan yang saling melengkapi dalam mendukung sustainability business. Meskipun beberapa penelitian masih menunjukkan hasil yang beragam terkait pengaruh kedua konsep tersebut terhadap nilai perusahaan, secara umum implementasi Green Innovation dan ESG memberikan kontribusi positif terhadap keberlanjutan bisnis. Oleh karena itu, integrasi kedua konsep tersebut perlu diterapkan secara konsisten untuk mendukung pencapaian tujuan ekonomi, sosial, dan lingkungan secara berkelanjutan.

Referensi

[1] M. Sadiq, T. Q. Ngo, A. A. Pantamee, K. Khudoykulov, T. Thi Ngan, and L. P. Tan, “The role of environmental social and governance in achieving sustainable development goals: evidence from ASEAN countries,” Econ. Res. Istraz. , vol. 36, no. 1, pp. 170–190, 2023, doi: 10.1080/1331677X.2022.2072357.

[2] I. Rahayu and M. I. N. Sanjaya, “ESG Performance and firm value: An Empirical Study in Indonesia,” Rev. Integr. Bus. Econ. Res., vol. 13, no. 4, pp. 513–526, 2024.

[3] L. Li, H. Msaad, H. Sun, M. X. Tan, Y. Lu, and A. K. W. Lau, “Green innovation and business sustainability: New evidence from energy intensive industry in China,” Int. J. Environ. Res. Public Health, vol. 17, no. 21, pp. 1–18, 2020, doi: 10.3390/ijerph17217826.

[4] R. Indra Bratamanggala and Y. Hendayana, “Sustainability and Technology Use in SMEs: A Pathway to Green Innovation (Keberlanjutan dan Penggunaan Teknologi pada UMKM: Jalan Menuju Inovasi Ramah Lingkungan),” J-CEKI J. Cendekia Ilm., vol. 3, no. 6, pp. 6772–6781, 2024, doi: 10.56799/jceki.v3i6.5581.

[5] E. Prayogo, M. Sudarma, L. Purwanti, and N. Adib, “Environmental, Social, and Governance (ESG) Disclosure and firm value in Indonesia: A Meta-Analysis,” vol. 27, no. 1, pp. 349–374, 2026, doi: 10.33736/ijbs.12828.2026.

[6] A. Ramadhan and E. Widiastuty, “The Influence of Environmental, Social, Governance (ESG) and Green Innovation on Company Business Performance,” JFBA J. Financ. Behav. Account., vol. 3, no. 2, pp. 48–60, 2023, doi: 10.33830/jfba.v3i2.6096.2023.

[7] S. E. R. Meilani and R. A. Sukmawati, “Peran Green Innovation Dan Environmental Responsibility Terhadap Nilai Perusahaan Sektor Manufaktur di Indonesia,” J. Ris. Akunt. dan Keuang., vol. 11, no. 3, pp. 605–620, 2023, doi: 10.17509/jrak.v11i3.60311.

[8] Z. N. Azizah and R. Wijayanti, “Green Innovation, Environmental Management Accounting, and Environmental Performance: Their Impact on firm value,” J. Manag. Risiko dan Keuang., vol. 4, no. 1, pp. 1–15, 2025, doi: 10.21776/jmrk.2025.04.1.08.

[9] I. Lhutfi, U. Ludigdo, M. K. Rusydi, and Z. Baridwan, “Investment and sustainability: CSR, SDGs and the ESG Score in Indonesia,” Cogent Bus. Manag., vol. 11, no. 1, Art. No. 2328311, 2024, doi: 10.1080/23311975.2024.2328311.

[10] D. Wang, Y. Luo, S. Hu, and Q. Yang, “Executives’ ESG cognition and enterprise green innovation: Evidence based on executives’ personal microblogs,” Front. Psychol., vol. 13, pp. 1–13, 2022, doi: 10.3389/fpsyg.2022.1053105.

[11] M. F. Frempong, Y. Mu, S. S. Adu-Yeboah, M. A. Hossin, and M. Adu-Gyamfi, “Corporate sustainability and firm performance: the role of green innovation capabilities and sustainability-oriented supplier–buyer relationship,” Sustain., vol. 13, no. 18, Art. No. 10414, 2021, doi: 10.3390/su131810414.

[12] Z. Zahid, J. Zhang, M. A. Shahzad, M. Junaid, and A. Shrivastava, “Green Synergy: Interplay of corporate social responsibility, green intellectual capital, and green ambidextrous innovation for sustainable performance in the industry 4.0 era,” PLoS One, vol. 19, no. 8, pp. 1–23, 2024, doi: 10.1371/journal.pone.0306349.

[13] R. E. Freeman, Strategic Management: A Stakeholder Approach. Boston: Pitman, 1984.

[14] K. Rennings, “Redefining Innovation—Eco-Innovation Research and the Contribution from Ecological Economics,” Ecol. Econ., vol. 32, no. 2, pp. 319–332, 2000, doi: 10.1016/S0921-8009(99)00112-3.

[15] Y.-S. Chen, S.-B. Lai, and C.-T. Wen, “The Influence of Green Innovation Performance on Corporate Advantage in Taiwan,” J. Bus. Ethics, vol. 67, no. 4, pp. 331–339, 2006, doi: 10.1007/s10551-006-9025-5.

[16] J. Elkington, Cannibals with Forks: The Triple Bottom Line of 21st Century Business. Oxford: Capstone Publishing, 1997.

[17] M. J. Page et al., “The PRISMA 2020 statement: An updated guideline for reporting systematic reviews,” Bmj, vol. 372, Art. No. n71, 2021, doi: 10.1136/bmj.n71.

[18] H. Snyder, “Literature review as a research methodology: An overview and guidelines,” J. Bus. Res., vol. 104, pp. 333–339, 2019, doi: 10.1016/j.jbusres.2019.07.039.

[19] A. de Souza Barbosa, M. C. B. C. da Silva, L. B. da Silva, S. N. Morioka, and V. F. de Souza, “Integration of Environmental, Social, and Governance (ESG) criteria: their impacts on corporate sustainability performance,” Humanit. Soc. Sci. Commun., vol. 10, no. 1, pp. 1–18, 2023, doi: 10.1057/s41599-023-01919-0.

[20] S. A. Kustiyani and H. E. Zulaecha, “Pengaruh Green Accounting, Corporate Social Responsibility, dan Intellectual Capital Terhadap Nilai Perusahaan Dengan Business Strategy Sebagai Variabel Moderasi,” Journal of Artificial Intelligence and Digital Business (RIGGS), vol. 4, no. 3, pp. 1053–1063, 2025, doi: 10.31004/riggs.v4i3.2082.