Resource management for green growth: Ensure environment sustainability agenda for mutual exclusive global gain

Nassani, Abdelmohsen A.; Aldakhil, Abdullah Mohammed; Abro, Muhammad Moinuddin Qazi; Zaman, Khalid; Kabbani, Ahmad

doi:10.1002/ep.13132

Cited by 21 publications

(6 citation statements)

References 34 publications

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“…But in the context of the business world, the notion of ES belongs to a vast horizon ranging from environmental aspects ( Nidheesh and Kumar, 2019 ), social aspects ( Doğu and Aras, 2019 ), and economic aspects ( He et al, 2020 ) that is also regarded as triple bottom line (TBL) effect. There is a paradigm shift in business strategies related to environmental sustainability as the earlier version of ES was to control the rate of pollution that is now replaced with absolute ecological methods to be adopted by the businesses during their operations ( Nassani et al, 2019 ). As a result of all these activities, the notion of ES has registered itself as a critical factor for safe and healthy business activities ( Sandrin et al, 2018 ).…”

Section: Introductionmentioning

confidence: 99%

Improving Firm’s Economic and Environmental Performance Through the Sustainable and Innovative Environment: Evidence From an Emerging Economy

et al. 2021

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Businesses in the present era are dealing with a complex and unprecedented brew of social, environmental, and technological trends. This requires sophisticated, sustainability-based management. Yet organizations are often reluctant to place sustainability core to their business strategies with the mistaken belief that the costs associated with environmental investments outweigh the benefits. The Global Climate Risk Index has placed Pakistan on 5th position in the list of nations, most susceptible to climate change in its recent report. Pakistan lost the lives of 9,989 people, incurred economic losses of $ 3.8 billion, and faced 152 shocking climates between 1999 and 2018. Based on this information, it is established that Pakistan’s susceptibility to climate change is growing unprecedentedly and industrial pollution is one of the biggest contributors in this respect. The country needs to take emergency measures to address this issue. With this background, the present study aims to investigate the impact of environmental sustainability on environmental and economic performance (EP) with the mediating effect of environmental innovation (EI) in the manufacturing sector of Pakistan. The results show that environmental sustainability is a significant predictor of environmental performance and EP and EI mediates this relationship. The findings of the present study provide better insights to policymakers to address the environmental degradation, resulting from industrial pollution.

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Section: Introductionmentioning

confidence: 99%

Improving Firm’s Economic and Environmental Performance Through the Sustainable and Innovative Environment: Evidence From an Emerging Economy

et al. 2021

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“…Moreover, Zaman et al (2017) confirmed the carbon fossil-methane EKC of sub-Saharan African (SSA) countries by analyzing the non-linear relationship between WEF resources and air pollutants. Nassani et al (2019) used the simultaneous generalized method of moments and investigated the relationships between WEF resources, carbon fossil-GHG emissions, and growth-specific factors to verify the EKC in Pakistan. Xu et al (2022) examined the link between economic growth and the WEF footprint by exploring the existence of the EKC in China's economic zones and regions.…”

Section: Environmental Kuznets Curve (Ekc) Hypothesis In Relation To ...mentioning

confidence: 99%

A simultaneous equations approach to analyze the sustainable water–energy–food nexus in South Korea

2023

Environ. Res. Commun.

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Factors such as climate change, economic development, population growth, pandemics, and geopolitical instability threaten water, energy, and food (WEF) security, which consequently put sustainability at risk. However, studies that simultaneously consider WEF security and sustainability aspects still need improvement. This research aimed to build a sustainable WEF nexus framework and analyze the interrelationships among water consumption, electricity demand, food production, and ecological footprint, considering the Environmental Kuznets curve (EKC) hypothesis and external factors of the WEF nexus. For the empirical analysis, this study employed the three-stage least squares method to identify synergies and trade-offs in the sustainable WEF nexus in South Korea using panel data from 2005 to 2019. The results indicated that rice production causes excessive use of agricultural water, thereby deteriorating water availability and quality. This phenomenon leads to scarce water resources and environmental degradation, which negatively impact energy production and sustainability. Although increased agricultural productivity through automation “improves food security,” it can pose a threat to energy security by increasing electricity demand and energy imports. The EKC hypothesis test revealed that environmental problems cannot be solved through economic development. However, the indicators related to WEF security influence environmental sustainability rather than economic growth. These results indicate that WEF security and sustainability can be improved simultaneously by maximizing synergies and minimizing trade-offs within a sustainable WEF nexus. Therefore, this research provides a roadmap for policymakers regarding efficient ways to improve environmental quality and WEF security.

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“…Every business, directly and indirectly, impacts the environment. (Nassani, et. al, 2019;Ogega, 2017).…”

Section: Introductionmentioning

confidence: 99%

Impact of Green Initiatives on the Financial Performance of Small and Medium Enterprises: The Case of Manufacturing Firm in Central Luzon

Alfaro

Diaz

2021

Work. pap. oper. manag.

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<p class="Abstract">This study was conducted to propose the Green Economic Development Plan for Manufacturing S.M.E.s based on financial performance and operations thru Green Initiatives. The descriptive survey method used to gather data to determine the green initiative's implementation of small and medium (S.M.E.s) manufacturing enterprises. Green initiatives use as a basis for crafting a green economic development plan. Document analysis was also employed to obtain data from any available printed materials and records provided by the respondents. Such methods of gathering information used to validate data gathered from local and foreign-related literature. The observation also employed to survey the assets owned and validate any green initiatives practiced, including their implementation. The study's findings show that among the green initiatives implemented by SMMEs, which resulted in the reduction of total costs and expenses, were the proper disposal and segregation of waste materials, water management by recycling wastewater and using water-efficient equipment, natural resources, and raw materials management. SMMEs should encourage active participation and support of suppliers and customers in achieving G.E.D.'s objectives by developing incentive schemes. <span lang="EN-US">Furthermore, SMMEs should continue to benchmark with G.E.D. Practitioners are operating locally and abroad to adopt best greening strategies and regularly network with concerned government agencies for continuous updating on G.E.D. Initiatives that may benefit the firm. Further research may be conducted on green initiatives implemented by small and medium enterprises in other industry sectors.</span></p>

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Resource management for green growth: Ensure environment sustainability agenda for mutual exclusive global gain

Cited by 21 publications

References 34 publications

Improving Firm’s Economic and Environmental Performance Through the Sustainable and Innovative Environment: Evidence From an Emerging Economy

Improving Firm’s Economic and Environmental Performance Through the Sustainable and Innovative Environment: Evidence From an Emerging Economy

A simultaneous equations approach to analyze the sustainable water–energy–food nexus in South Korea

Impact of Green Initiatives on the Financial Performance of Small and Medium Enterprises: The Case of Manufacturing Firm in Central Luzon

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