Abstract

Numerous countries have sorted out energy awards as an instrument to promote energy efficiency (EE), to contribute towards energy sustainability and to give a component to associations to constantly hunt benchmark and recognize activities and best practices in EE. Most of companies to invest in the reusing and reuse of materials, the environmentally inviting technology, inward training on green economy, the remainder of the electorate and the buy and utilization of materials with less impact essentially in light of the fact that they trust that investment to guarantee the safeguarding of nature around. It is additionally a marker of an effective environmental sustainability in Malaysia dependent on the reactions are broke down from an assortment of high technology-based companies working in Kedah, Malaysia. Malaysia is focused on cultivating the development of a clean and efficient economy; that is, a "green" economy. This implies encouraging the development of green businesses and green items, which thus will make "green jobs." At the fundamental level, there exists a misallocation of resources. As Malaysia advances greater environmental awareness, it is imperative to establish national benchmarks by which to measure progress toward a greener economy. This investigation tries to find the condition of knowledge in Malaysia on the green economy. The result additionally shows that an expansion in the prioritizing green economy anticipated by the companies working in Malaysia will prompt increment in green monetary sustainability. This suggests the progress towards the green economy in Malaysia is likewise impacted by the view of its significance later on. The investigation uncovers that expansion in green economy awareness among the firms will prompt increment in the level of environmental sustainability, in this way improving the present condition of green economy in Malaysia. Keywords: Green Economy, Environmental Efficiency, Sustainability, Energy Efficiency, Malaysia, companies, growthJEL Classifications: Q55, Q50DOI: https://doi.org/10.32479/ijeep.8310

Highlights

  • The Organization for Economic Cooperation and development characterized that the green economy as the arrangement of exercises which produce goods and services to measure, prevent, limit, limit or right environmental harm to water, air and soil, just as issues identified with waste, noise and ecosystems

  • The result shows that there exists no overlooked variable predisposition. It very well may be certainly presumed that the results introduced in Table 2 are unprejudiced, efficient and reliable in clarifying the variations in ENE practice which is gone for estimating the present condition of the Malaysia’s journey towards a green economy

  • The investigation surveys the level of ENE. This is a pointer to the fruitful ENE in Malaysia dependent on the analysed reactions of the different high technology-based firms working in Kedah Darul Aman

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Summary

Introduction

The Organization for Economic Cooperation and development characterized that the green economy as the arrangement of exercises which produce goods and services to measure, prevent, limit, limit or right environmental harm to water, air and soil, just as issues identified with waste, noise and ecosystems. This incorporates cleaner advances, items and services that lessen environmental risk and limit pollution and resource use. A green economy aims at improving human prosperity and social equity, while significantly decreasing environmental risks and biological shortages It is low-carbon, resource-efficient and socially inclusive. Growth in salary and work ought to be driven by public and private ventures that diminish carbon dioxide (CO2) and other non-CO2 emissions and pollution, upgrade energy and resource efficiency, and prevent the loss of biodiversity and

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