Digital green innovation economics and management for Industry 5.0 was not widely recognized, and the commonly referenced industry paradigm was Industry 4.0. Furthermore, digital green innovation is part of the above information referring to the integration of digital technologies with environmentally sustainable practices to develop innovative solutions that evaluate ecological challenges. In this manuscript, we evaluate the Schweizer–Sklar operational laws based on interval-valued picture fuzzy (IVPF) values. Further, we investigate prioritized aggregation operators based on Schweizer–Sklar operational laws for IVPF information, called IVPF Schweizer–Sklar prioritized averaging operator, IVPF Schweizer–Sklar prioritized geometric operator, IVPF Schweizer–Sklar prioritized weighted averaging operator, and IVPF Schweizer–Sklar prioritized weighted geometric operator. Some properties for the above-initiated operators are also derived. Additionally, we analyze the digital green innovation with the help of multi-attribute decision-making technique for initiated operators to show the reliability and supremacy of the proposed theory. Finally, we demonstrate examples for addressing the comparison among the initiated theory and existing ideas to improve the worth of the derived theory.