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The Effect of Clean Energy Technology Infrastructure Development on Regional Economic Growth in Indonesia Loso Judijanto; Ilham Ilham; Arnes Yuli Vandika
West Science Nature and Technology Vol. 2 No. 03 (2024): West Science Nature and Technology
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsnt.v2i03.1295

Abstract

This study investigates the effect of clean energy technology infrastructure development on regional economic growth in Indonesia. Using a quantitative research design, data were collected from 70 respondents across different regions using a Likert scale ranging from 1 to 5. The analysis was conducted using SPSS version 26 to examine the relationship between clean energy infrastructure and regional economic performance. The results show a strong positive correlation between clean energy technology infrastructure and regional economic growth, with a statistically significant relationship. Furthermore, multiple regression analysis indicates that clean energy infrastructure development significantly predicts economic growth, while geographic location and government policy also play important roles. These findings suggest that investments in clean energy infrastructure are crucial drivers of regional economic development and highlight the need for supportive policies to maximize the benefits of renewable energy projects. This study provides valuable insights for policymakers and stakeholders in advancing sustainable development through clean energy initiatives.
The Role of ESG (Environmental, Social, and Governance) Investment in Attracting Global Investors Rina Haji Omar; Ilham Ilham
Journal of Multidisciplinary Sustainability Asean Vol. 2 No. 1 (2025)
Publisher : Yayasan Adra Karima Hubbi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70177/ijmsa.v2i1.1944

Abstract

Background. Environmental, Social, and Governance (ESG)-based investments are increasingly becoming a major concern in global investment decisions. Investors are starting to consider sustainability factors as an important aspect in assessing the risks and opportunities of a company. Changes in regulations and increased awareness of environmental and social issues have prompted companies to adopt ESG standards to increase their investment attractiveness. Purpose. The study aims to analyze the extent to which ESG influences global investor decisions and how certain ESG factors contribute to increased investor confidence. The main focus of the research is to identify the most significant ESG elements in attracting investment as well as measuring their impact on a company's access to funding. Method. The research method uses a quantitative approach with regression analysis of ESG data from 50 global companies. Data sources are obtained from financial and ESG statements published by companies as well as secondary data from ESG rating agencies. The analysis was conducted to identify the relationship between the ESG score and the amount of investment a company obtained. Results. The results of the study show that companies with high ESG scores get greater investment than companies with low ESG scores. ESG report transparency and compliance with sustainability regulations are key elements in increasing investor confidence. The renewable energy and green technology sectors are the sectors that benefit the most from this trend. Conclusion. The conclusion of this study confirms that ESG is not just a sustainability strategy, but has become a key factor in global investment attractiveness. Companies looking to improve access to funding need to strengthen their ESG policies by increasing transparency and compliance with sustainability regulations.