Abstract

The adoption of renewable energy, waste management methods' efficacy, the application of environmental economic concepts, and the financial performance of manufacturing enterprises in Jakarta are all examined in this study. This study examined measurement models and structural models by analyzing data from 174 organizations using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The findings demonstrate that the company's profitability is considerably and favorably impacted by the use of environmental economic concepts and the deployment of renewable energy. This research highlights the significance of sustainable practices in attaining financial prosperity and provides useful guidance for companies seeking to manage the intricate terrain of ecological accountability and financial efficacy.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call