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Advances in Environmental Innovation (ANEVA)
Published by PT Inovasi Analisis Data
ISSN : 30640237     EISSN : 30640539     DOI : 10.69725/aneva.v1i1
Core Subject : Social,
Environmental Science Social Sciences
Advances in Environmental Innovation (ANEVA) is a quarterly journal that focuses on cutting-edge environmental science and engineering. We publish original research and reviews on solutions to global challenges, including sustainable practices, climate change adaptation, renewable energy, and waste management. ANEVA encourages interdisciplinary dialog and promotes research that influences policy and practice for a sustainable future, with an emphasis on practical applications. Collaborating with professors from various institutions such as Universitas Negeri Semarang (UNNES), Universitas Sebelas Maret (UNS), and Universitas Semarang (USM), who serve as the Advisory Board, we aim to be indexed in reputable databases to gain wider recognition such as; ZENODO, APJI, ARIMBI, ISSN, Garuda, SINTA, Scholar, Copernicus, DOAJ, EBSCO, WOS, SCOPUS, PubMed.
Arjuna Subject : Ilmu Lingkungan (semua ketegori) - Ilmu Lingkungan (Lain-Lain)
Articles 10 Documents
 1 
Investigating Environmental Governance's Impact on Financial Performance; Role of Company Size in Indonesian Palm Oil Firms Bella, Safrina; Setiawan, Hendra
Advances in Environmental Innovation Vol. 1 No. 1 (2024): ANEVA - September
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i1.69

Abstract

Objective: This empirical study explores the relationships among environmental governance factors environmental costs, disclosure, performance, firm size, leverage, and financial performance in Indonesian palm oil firms listed on the Indonesia Stock Exchange (IDX) from 2020 to 2023. Methods: Utilizing secondary data from publicly available sources, the study integrates financial metrics (profitability, return on assets, return on equity) and environmental indicators (costs, disclosure, performance). Regression analysis is employed to statistically analyze these relationships.Findings: Findings reveal that environmental costs significantly enhance financial performance, emphasizing the strategic advantage of investing in sustainable technologies and processes. Environmental disclosure also positively impacts financial performance by bolstering investor confidence and consumer trust. Surprisingly, environmental performance does not directly influence financial outcomes, indicating the influence of external factors and industry contexts. Firm size mediates the positive effects of environmental disclosure on financial performance, highlighting larger firms' capabilities in implementing sustainable practices. Moreover, leverage plays a significant role in boosting financial flexibility, contributing to growth and profitability.Novelty: This study contributes to the understanding of the strategic value of environmental governance in the palm oil industry, particularly in the context of emerging markets. It also highlights the unique role of firm size in enhancing the financial benefits of environmental initiatives.Implications: This study underscores the pivotal role of proactive environmental management in driving competitive advantage and sustainable growth for palm oil companies. It advocates for integrating environmental strategies into business models and governance frameworks to achieve long-term financial success.
The Impact of Environmental Performance on Environmental Disclosure and Detailed Environmental Reporting in Companies Arbin, Adhia; Rohmatika, Rillita
Advances in Environmental Innovation Vol. 1 No. 1 (2024): ANEVA - September
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i1.105

Abstract

Objective: This study aims to explore the impact of Environmental Performance on Environmental Disclosure and Hard Environmental Disclosure among companies listed on the Indonesia Stock Exchange (IDX) from 2018 to 2023. It also examines the influence of company size, leverage, and profitability on these disclosure practices.Methods: A mixed-methods approach is employed, combining quantitative data from annual and sustainability reports with PROPER ratings. The analysis utilizes multiple regression to assess the relationships between Environmental Performance, Environmental Disclosure, and Hard Environmental Disclosure, with classical assumption tests conducted to ensure the validity of the regression model.Results: The analysis reveals that higher Environmental Performance is positively associated with increased Environmental Disclosure. Additionally, more comprehensive Environmental Disclosure correlates with more detailed Hard Environmental Disclosure. Among the control variables, Company Size and Profitability significantly affect both Environmental Disclosure and Hard Environmental Disclosure, while Leverage does not show a significant impact.Novelty: This study advances the understanding of how Environmental Performance influences disclosure practices in Indonesian firms and highlights the role of company-specific factors such as size and profitability in shaping the extent and detail of environmental reporting.Implication: The findings suggest that improving Environmental Performance can lead to more extensive and detailed Environmental Disclosure. For policymakers and practitioners, this underscores the need for strategies and regulations that promote transparent environmental reporting, particularly considering the varying impacts of company size and profitability.
Corporate Governance and Its Role in Shaping Environmental Disclosure with Environmental Performance as a Moderating Factor Sulistiyani; Nur Rahman, Arif
Advances in Environmental Innovation Vol. 1 No. 1 (2024): ANEVA - September
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i1.106

Abstract

Objective: This study aims to investigate how corporate governance influences environmental disclosure practices among Indonesian firms and to examine the moderating effect of environmental performance on this relationship.Methods: A quantitative correlational design was employed, utilizing data from 27 companies listed on the Indonesia Stock Exchange (IDX) that participated in the PROPER assessment from 2018 to 2023. Regression analysis was conducted to explore the relationships and interactions among these variables.Results: Analysis demonstrated a notable positive relationship between corporate governance and environmental disclosure, indicating that stronger governance practices are associated with higher levels of environmental reporting. Additionally, environmental performance was found to moderate this relationship, enhancing the effect of corporate governance on disclosure when performance is robust. The study also revealed differences across sectors, with industries such as Consumer Goods and Banking exhibiting the highest levels of governance, performance, and disclosure.Novelty: This study offers a novel perspective by integrating environmental performance as a moderating factor in the relationship between corporate governance and environmental disclosure. While previous research has primarily focused on the direct effects of governance on disclosure, this study extends the understanding by highlighting how environmental performance influences this relationship. It provides a comprehensive view of how both governance and performance interplay to shape corporate transparency in environmental reporting.Implication: The findings underscore the critical role of corporate governance and environmental performance in shaping environmental disclosure. By aligning with stakeholder theory, firms are encouraged to enhance governance and performance for greater transparency.
Exploring Environmental Sustainability Through the Lens of Seyyed Hossein Nasr: A Scientific Perspective on Nature and Ecological Challenges Daryono; Setiawati, Rini
Advances in Environmental Innovation Vol. 1 No. 1 (2024): ANEVA - September
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i1.107

Abstract

Objective: This mixed research aims to explore Seyyed Hossein Nasr's environmental philosophy and its relationship to modern ecological issues in Indonesia, specifically examining how spirituality and indigenous ecological understanding can shape environmental governance.Methods: Employing a hybrid methodology, the study utilized questionnaires and interviews with 190 diverse participants, including officials, advocates, local people, and experts. It analyzed foundational perspectives, noting similarities and differences influencing attitudes and practices regarding the environment.Results: The findings prominently align Nasr's nature reverence with participants' spiritual connections to nature. Additionally, incorporating traditional environmental knowledge into policy was found to strengthen community participation and promote sustainable behavior. However, modern governance's secularization often undermines spiritual viewpoints, generating challenges.Novelty: This unique research presents an examination of the intersections between spirituality, indigenous ecological knowledge, and contemporary environmental policymaking in Indonesia, providing a fresh perspective on ecological ethics informed by Nasr's philosophy.Implication: The study suggests that decision-makers can leverage insights from spirituality and traditional ecological knowledge to develop more all-inclusive and impactful sustainability strategies, fostering a harmonious human relationship with nature.
Investigating Environmental Governance Impact on Financial Performance: Role of Company Size in Indonesian Palm Oil Firms Ika Sulistyawati, Ardiani; Mohammed Sultan Saif, Gehad; Himmawan Dwi Nugroho, Arief
Advances in Environmental Innovation Vol. 1 No. 1 (2024): ANEVA - September
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i1.108

Abstract

Objective: Drawing up on naturalistic intelligence, the New Environmental Paradigm and environmental sensitivity concepts, this paper aims to investigate their relationships among high school students in terms of differences regarding significant connections of these relations hiop with each other within limits occured by socio-demographic variables through considering substantial environments from context-based higher education oriented phenomenon.Methods: We employed a quantitative approach using path analysis to test the direct and indirect effects of naturalistic intelligence, NEP on ESI. Among students responses were collected using a validated questionnaire which was statistically analyzed to find the significance of relations.Finding: A significant positive correlation existed between the New Environmental Paradigm and environmental sensitivity, but did not find a significant correlation of naturalistic intelligence with it. Results indicate that instilling a pro-environmental attitude is essential in increasing environmental sensitivity to adolescents.Novelty: This study presents a novel perspective by emphasizing the New Environmental Paradigm's role in shaping high school students' environmental attitudes, advocating for value-based education over mere skill enhancement.Conclusion: Our findings underscore the importance of instilling environmentally friendly values and attitudes, rather than just naturalistic skills when designing educational programs. Educators can cultivate environmental citizens ready to meet current challenges by including experiential learning with critical thinking into curricula.
The Role of Environmental Ethics and Training in Enhancing Performance and Competitive Advantage Al Basheer, Shahid; Javad, Sayedy
Advances in Environmental Innovation Vol. 1 No. 2 (2024): ANEVA-December
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i2.200

Abstract

Purpose – This study emphasizes the importance of environmental ethics, education and training in the progress of environmental performance, competitive advantage and the sustainability of organizations. It seeks to evaluate both the direct and indirect impacts of these factors on companies’ long-term strategic positioning.Design/methodology/approach – This research utilizes a quantitative method and is based on administering a survey comprising data on 424 middle-level managers from various sectors in the UAE. SEM analysis on environmental ethics, education, training, performance, and competitive advantage.Findings – The study sends a message that environmental ethics have a positive influence on environmental performance, education and internal operation training, which will improve competitive advantage. Moreover, environmental training on firm performance and competitive positioning is highly significant. Other effects are indirect where performance and education function as mediators.Originality/value – This research empirically investigates how environmental ethics, education and training could help firms to attain sustainability and competitive advantage. These results underscore the strategic significance of embracing environmental initiatives within corporate policies.Research Implications – The findings highlight the critical need for companies to invest in environmentally ethical operational practices, capabilities, and education to foster sustainability. Further research may investigate the sector-specific effects, and further explore the structural relationships over the longer term, via longitudinal data.
Policy Diffusion of Environmental Performance: Economic and Institutional Determinants in Emerging Markets Ika Sulistyawati, Ardiani; Himmawan Dwi Nugroho, Arief
Advances in Environmental Innovation Vol. 1 No. 2 (2024): ANEVA-December
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i2.201

Abstract

Purpose – We investigate major economic and institutional determinants of environmental policy diffusion among emerging markets in this study.Design/methodology/approach – Using panel data from 15 emerging markets and applying a fixed-effects regression model and Granger causality tests, this analysis investigates the determinants of environmental performance of emerging economies in relation to economic growth, investment in the environment, institutional quality, international pressure and public awareness. EPI, IEA, United UNEP.Findings – The outcomes indicate that institutional quality and public awareness of improving environmental performance has a significant impact, while economic growth and investment environment also play a furthering role. However, external pressure is a context-limited, variable, constraining force. They suggest institutional strength and public involvement matter more than outside pressure to explain which policies stick.Originality/value – This study develops novel insights into the mechanisms of environmental policy diffusion by integrating the economic and institutional perspectives. It underscores the need for governance reforms, public engagement, and economic alignment to speed up sustainability progress.Research Implications – The study emphasises that policymakers need to focus on institutional development, informed public participation and targeted economic policies to improve environmental outcomes. Future research should explore the role of transnational cooperation and sector-specific policies in promoting sustainability.
Greener Boards: Research on gender diversity and corporate environmental violations Aulia, Zahrani; Qurrota A'yun, Annisa
Advances in Environmental Innovation Vol. 1 No. 2 (2024): ANEVA-December
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i2.203

Abstract

Purpose – This study aims to examine the effect of gender diversity on boards and gender of CEOs on environmental violationsDesign/methodology/approach – The research employs a quantitative approach using regression analysis of data from 140 companies in Indonesia. Such as women on the board, female or male CEO, having environmental lawsuits, and different control variables such as size, leverage, and profitability.Findings – We find that companies with larger fractions of female directors on their corporate boards and female CEOs are sued for fewer environmental harm cases. Moreover, firms with higher rates of women in leadership are also more likely to exhibit superior environmental disclosure and more proactive sustainability measures. In particular, female chief executive officers (CEOs) spend significantly more on environmental compliance, which then reduces the likelihood of environmental violations.Originality/value – This paper adds to an increasing number of studies on gender diversity and corporate environmental sustainability, with a focus on an emerging market such as Indonesia. This allows it to find evidence for the positive impact of gender diversity in managing within business environments that are less risky to the ecology.Research Implications –  These findings have significant implications for both corporate governance and overall public policy: a move towards increased gender diversity among other senior-ranking leadership roles may indirectly promote environmentally conscious behaviour among Indonesian companies.
Unlocking sustainable development: ASEAN ESG and economic growth implication Dwi Wibawa, Koerniawan; Sugiharto; Septianto, Tri
Advances in Environmental Innovation Vol. 1 No. 2 (2024): ANEVA-December
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i2.210

Abstract

Purpose – Study of the Impact of ESG and Economic Growth on the Sustainable Development Goals Index in ASEAN, The Role of Environmental and Social Governance as Moderators States the Objectives of This Study.Design/methodology/approach – Using a panel autoregressive distributed lag (ARDL) model to investigate short- and long-run relationships among the variables. The SDGI, Environmental Score (ES), Social Score (SS), Governance Score (GS), and Economic Growth (EG) data were collected from reputable international sources. A Hausman test confirms the validity of the model.Findings – The findings suggest that environmental, social, and corporate governance promote the SDG accomplishment in ASEAN countries. Economic growth does improve SDG performance but is a double-edged sword, as its impact is more positive when moderated by the quality of environmental governance. Moreover, social governance reinforces the influence of corporate governance on achieving SDGs. These results emphasize the key importance of governance and sustainable development.Originality/value – The study empirically contributes to the governance-SDG nexus in ASEAN, revealing how governance structures can improve sustainable development. The findings also contribute to the literature on the governance of sustainability and offer policy recommendations on enhancing sustainability development goal (SDG) implementation horizons.Research Implications – Governance mechanisms should be embedded in sustainability policies to complement the implementation of the SDGs, according to the study. Good environmental and social governance can enhance the contribution of economic growth to sustainable development
Female leadership influences banks environmental performance Apsta, Widya; Nur Rahman, Arif
Advances in Environmental Innovation Vol. 1 No. 2 (2024): ANEVA-December
Publisher : Analisis Data Innovation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/aneva.v1i2.211

Abstract

Purpose – The aim of the study is to analyze the relationship between gender diversity in corporate leadership and bank environmental performance, particularly in terms of female participation at the level of boards and in executive positions.Design/methodology/approach – Further robustness tests are performed using fixed effects, GLS and system GMM estimations. Regional comparisons are also made to examine differences in impact across different economic contexts.Findings – Our main finding is that increased gender diversity in bank leadership positively affects bank environmental performance. These results suggest adding women to the management team and board enhances the effectiveness of corporate sustainability initiatives, particularly when those initiatives can be supported by CSR committees and a strong governance structure. This effect is stronger in high-income countries where regulatory frameworks and institutionalized support encouraged this response. The conclusions underscore the relevance of gender diversity as a strategic driver of sustainable banking practic.Originality/value – This study fills a gap in the literature regarding the influence of gender diversity on corporate sustainability in the banking sector by providing evidence from the banking context. It also provides a new comparative perspective on the contextual factors of how economic environments determine the impact of gender-inclusive leadership on environmental performance.Research Implications – The results have practicable implications for regulators and banking organizations striving to enhance environmental performance via inclusion leader approaches. Further research is required to determine pathways through which gender diversity may improve corporate sustainability in sectors outside of the banking industry.

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