Revealing the path to a green economy: Insights and recommendations for sustainable development in Malaysia

Nik Athirah, Nik Mahdi and Fernando, Yudi and Azian, Ibrahim (2024) Revealing the path to a green economy: Insights and recommendations for sustainable development in Malaysia. International Journal of Integrated Engineering, 16 (2). pp. 245-258. ISSN 2229-838X. (Published)

[img]
Preview
Pdf
Green economy SDGs.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (1MB) | Preview

Abstract

This study proposes a green economy framework leading to Malaysia's green economy roadmap and raising society's sustainability awareness. The framework has catered actionable insight into promoting a green economy to industrial sectors by integrating Environmental, social, and corporate governance (ESG) and Sustainable Development (SD) principles to improve Malaysia's achievement of Sustainable Development Goals (SDGs). This paper has critically analyzed a systematic review from 2209 journal articles indexed from two prominent databases, Scopus, and Web of Science. The data were analyzed using visualizing bibliometric networks and a computer-assisted qualitative method. The thematic pattern result was verified and strengthened using in-depth interviews with industrial business leaders. The result shows that establishing a green economy framework should align with a clear regulatory policy and incentives. This study provided a unique combination of proposing a green economy framework employing advanced analysis techniques and providing specific recommendations for the Malaysian context. Adopting the green economy framework led by integrated ESG, SD, and SDGs would lead to Malaysia's Shared Prosperity Vision 2030. The public listed companies should step ahead in adopting green economy frameworks

Item Type: Article
Uncontrolled Keywords: Green economy; Sustainable development goals; Manufacturing industry; Public listed companies; Malaysia
Subjects: H Social Sciences > HF Commerce
Faculty/Division: Faculty of Industrial Management
Institute of Postgraduate Studies
Depositing User: Professor Yudi Fernando
Date Deposited: 15 Nov 2024 07:47
Last Modified: 15 Nov 2024 07:47
URI: http://umpir.ump.edu.my/id/eprint/42925
Download Statistic: View Download Statistics

Actions (login required)

View Item View Item