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Sustaining the future: How green capabilities and digitalization drive sustainability in modern business

Authors :
Zeying Li
Saad Rasool
Mustafa Fedai Cavus
Waseem Shahid
Source :
Heliyon, Vol 10, Iss 1, Pp e24158- (2024)
Publication Year :
2024
Publisher :
Elsevier, 2024.

Abstract

In recent years, the unprecedented growth in environmental vulnerabilities has made the firms realize the need for environmental protection. With this, the rapid surge for ecological preservation has made worldwide businesses divert their focus toward greener practices that ensure the firm’s financial and environmental performance. This study examines the relationships between green management strategies (green dynamic capabilities, internal green supply chain management and green technology adoption), and organizational outcomes, specifically environmental and financial performance. The data was collected from the 471 employees working in the manufacturing firms. Utilizing the Structural Equation Modeling (SEM) method via Smart-PLS, our findings show the importance of integrating green practices in supply chain management, dynamic capabilities, and technology adoption to enhance both environmental and financial outcomes under the moderating role of industry dynamism and green knowledge acquisition.

Details

Language :
English
ISSN :
24058440
Volume :
10
Issue :
1
Database :
Directory of Open Access Journals
Journal :
Heliyon
Publication Type :
Academic Journal
Accession number :
edsdoj.79e83e7cece41e38adc5f87756a23fe
Document Type :
article
Full Text :
https://doi.org/10.1016/j.heliyon.2024.e24158