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Syamsu Rijal
Jurusan Ilmu Ekonomi, Fakultas Ekonomi Dan Bisnis, Universitas Negeri Makassar
Religion Arts Humanities Chemistry Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Engineering Environmental Science Health Professions Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Public Health Social Sciences Other

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Journal : The Eastasouth Management and Business

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Environmental and Financial Management in Sustainable Business: A Case Study in the Energy Industry Muhammad Nur Afiat; Anita Lestari; Syamsu Rijal; Ari Purwanti; Nurul Afifah
The Eastasouth Management and Business Vol. 2 No. 01 (2023): The Eastasouth Management and Business (ESMB)
Publisher : Eastasouth Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/esmb.v2i01.138

Abstract

Sustainable business practices have become paramount in the contemporary global economy, urging companies to balance financial prosperity with environmental responsibility. In this context, the energy industry in West Java, Indonesia, serves as a compelling case study due to its significance in the region's economic development and its simultaneous environmental challenges. This research employs a qualitative case study approach to investigate the complex interplay between environmental and financial management within the West Java energy sector. Through semi-structured interviews, document analysis, and surveys, the study assesses environmental management practices, financial performance, and sustainable business models. The findings reveal a growing commitment to clean technologies, emissions reduction, and transparency among energy companies. Moreover, sustainable energy businesses exhibit competitive profitability, risk mitigation capabilities, and improved access to capital. Successful business models emphasize the integration of environmental and financial objectives and the importance of stakeholder engagement. These findings underscore the significance of aligning environmental and financial management for sustainable business in the energy industry and offer valuable insights for policymakers and industry practitioners seeking to navigate the intricate terrain of sustainability.
Co-Authors Abdullah, Muhammad Ikbal Abu Muna Almaududi Ausat Achmad Abdul Azis Agung Zulfikri Akhmad Baidun Andi Chairil Furqan Andy Rachman Anita Lestari Ari Purwanti Ariawan Ariawan ARIEF BUDI PRATOMO Arisanjaya Doloan arjang Arni Arni Asri Ady Bakri Ausat, Abu Muna Almaududi Azhariah Rachman Bambang Sucipto Baso Iwang Citra Arta, Deddy Novie Dadang Muhammad Hasyim Dana Budiman Demsky, Caitlin Dewa Oka Suparwata Dhety Chusumastuti Dian Safitri Pantja Koesoemasari Dianta Mustofa K. Dinar, Muhammad Eddy Silamat Eddy Silamat Edy Susanto Eka Selvi Handayani Elisabeth Nainggolan Endang Fatmawati Etty Sri Hertini Eva Desembrianita Eva Yuniarti Utami Evi Meidasari M Fajar Saranani Frans Sudirjo Frans Sudirjo Frans Sudirjo Gamal Abdel Nasser Geofakta Razali Gusti Rusmayadi Hadi Nasbey Hadi, Anto J. Harsano Jayadi Harun Samsuddin Hendri Hermawan Adinugraha Heny Herawati Herry Ramadhani Hizbul Khootimah Azzaakiyyah I Nyoman Tri Sutaguna I Wayan Sugianta Nirawana Ika Nurhalisah Ilham Akbar Inanna Indah Oktari Wijayati Iwan Harsono Jiao, Deng Jie, Lie Karyono Karyono Khamaludin, Khamaludin Legito . Liestyowati Liestyowati Loso Judijanto Marhawati Mawardi Mawardi Mega Krisdayani Moehamad Satiadharma Muh Ihsan Said Ahmad Muh. Ihsan Said Ahmad Muh. Ihsan Said Ahmad Muhammad Ade Kurnia Harahap Muhammad Dinar Muhammad Hasan Muhammad Ihsan Said Ahmad Muhammad Ishlah Idrus Muhammad Islah Idrus Muhammad Nur Afiat Muhammad Nur Afiat Muhammad Nur Afiat Muhammad Nur Afiat Muhammad Rakib Muhammad Taufik Mumu Muzayyin Maq Mustari Mustari Mustari Mustari Mustari Mustari Nirwana Norvadewi Nur Ana Nurul Afifah Rahmat Al Hidayat Rahmatullah Ramdan Yusuf Ratih Pratiwi Restu Auliani Reza Fahlevi Lubis Ridha Wahyuni Rina Kurniawati Rini Hadiyati Rizqy Aiddha Yuniawati Sa'diyah Sa'diyah Sahade Samsidar Samsidar Sangkala, Masnawaty Selvia Junita Praja Sri Dewi Yusuf Sudarmanto, Eko Sufrina Keumala Ayu Suherlan Suherlan Suherlan Suherlan Suherlan, Suherlan Sultan Machmud Hasan Masikki Supriyanto Syamsul Anwar Tanti Widia Nurdiani Teddy Tjahyanto Tulus Martua Sihombing Tuti Supatminingsih Uli Wildan Nuryanto Umi Salawati Wenny Desty Febrian Winarto Ramlan Yasir Riady Yeti Yeti Yuanyuan Wang, Yuanyuan Yuditia Prameswari Zainal Arifin Zhang Wei Zou, Guijiao Zunan Setiawan