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Dr. Satirenjit kaur Johl is currently working with Universiti Teknologi PETRONAS, Malaysia as a Associate Professor under the department of Management and Humanities. She completed her PhD at Nottingham University, U.K. in 2005.
Eco-innovation has gained considerable attention in the academic and corporate world due to its potential in mitigating a firm’s sustainability issues. Most previous studies focused on the reactive approaches of eco-innovation using primary data. This study mitigates the existing research gap by highlighting proactive eco-innovation and using a secondary panel dataset. The prime objective of this study is to investigate the relationship between proactive eco-innovation and firms’ financial performance. Hence, the study will introduce the proactive eco-innovation index with the help of secondary panel data. In addition to that, the paper will also explore how proactive eco-innovation relates to circular economy. The theory of Resource-Based View (RBV) was used to explain the relationship among the variables. This study was conducted on 31 Malaysian public listed energy companies from 2015 to 2019. A proactive eco-innovation index was inferred by adapting three dimensions of eco-innovation (product, process, and technology) which is applicable for the energy sector. By applying random-effects GLS regression equation modeling, it was found that proactive eco-innovation (product eco-innovation, process eco-innovation, and technology eco-innovation) has a direct effect on firm financial performance. Furthermore, product and process eco-innovation is directly related to a circular economy through a sustainable product development process. The findings suggest that policymakers in the firm should proactively adopt eco-innovative practices. It will positively affect the circular economy as it will be cost-effective and help to reduce potential industrial pollution in the environment.
Satirenjit Johl; Abu Toha. The Nexus between Proactive Eco-Innovation and Firm Financial Performance: A Circular Economy Perspective. Sustainability 2021, 13, 6253 .
AMA StyleSatirenjit Johl, Abu Toha. The Nexus between Proactive Eco-Innovation and Firm Financial Performance: A Circular Economy Perspective. Sustainability. 2021; 13 (11):6253.
Chicago/Turabian StyleSatirenjit Johl; Abu Toha. 2021. "The Nexus between Proactive Eco-Innovation and Firm Financial Performance: A Circular Economy Perspective." Sustainability 13, no. 11: 6253.
Reporting is a means of communication for companies to their respective stakeholders. The literature on non‐financial reporting has mostly focused on operational, Carbon Discloser Project (CDP), and environmental disclosure to firm performance. This reporting and disclosure approach adopted by companies in their sustainability practices appears to be a normative approach. However, there has been a growing demand by stakeholders to incorporate proactive approach in business activities. To meet that, green innovation practices (GIPs) has been integrated as a new element in environmental reporting, thereby reflecting the proactiveness of companies in their adoption of green innovation reporting (GIR). The objective of this study is to advocate for greater disclosure on sustainability reporting by incorporating the GIPs of companies and substantial, sustainable development goal contribution, along with the moderation of the newly upgraded ISO 56002‐2019 innovation management system. Adoption of green innovation reporting and ISO 56002‐2019 will enhance the level of transparency of business activities and create greater stakeholder confidence along with enhancing the firm's sustainable development of goal performance. Furthermore, an extensive literature review was undertaken to create a GIR framework (i.e., product, process, service and technology) for firms to integrate GIPs into sustainability reporting. The conceptual model proposed the adoption of green innovation reporting and ISO 56002‐2019 innovation management system to firm sustainable development goal. This needs to be injected into the sustainable reporting of companies to reflect their innovativeness, actual sustainable business practices and sustainable development goal performance for the firm.
Parvez Alam Khan; Satirenjit Kaur Johl; Shireenjit K. Johl. Does adoption of ISO 56002‐2019 and green innovation reporting enhance the firm sustainable development goal performance? An emerging paradigm. Business Strategy and the Environment 2021, 1 .
AMA StyleParvez Alam Khan, Satirenjit Kaur Johl, Shireenjit K. Johl. Does adoption of ISO 56002‐2019 and green innovation reporting enhance the firm sustainable development goal performance? An emerging paradigm. Business Strategy and the Environment. 2021; ():1.
Chicago/Turabian StyleParvez Alam Khan; Satirenjit Kaur Johl; Shireenjit K. Johl. 2021. "Does adoption of ISO 56002‐2019 and green innovation reporting enhance the firm sustainable development goal performance? An emerging paradigm." Business Strategy and the Environment , no. : 1.
Eco-innovation has gained considerable attention in academia as well as in industry due to its potential in mitigating environmental challenges and its positive correlation with firm performance. However, there are limited studies which have investigated the moderating relation of International Organization for Standardization (ISO) 14001:2015 between eco-innovation and firm sustainability in their contribution to societal development. This research is supported by a resource-based theory which explores the core-competencies of firms and challenges the resources creating the competitive advantage of the firm without compromising on the social responsibility aspect of the firm. This study proposes a fishbone eco-innovation business model, which includes production (product, process, and technology) and non-production (organization and marketing) business activities mapped with the 17 Sustainable Development Goals (SDGs) for societal development. This fishbone eco-innovation business model signals to the stakeholders about the organization’s innovation in their green implementation, which goes beyond mere compliance. The contribution of the fishbone eco-innovation business model to societal development will create a unique competitive edge and green goodwill amongst the external stakeholders, which will attract sustainably responsible investors for investment. This article draws propositions and develops a conceptual model for future empirical research on eco-innovation and societal development.
Abu Toha; Satirenjit Kaur Johl; Parvez Alam Khan. Firm’s Sustainability and Societal Development from the Lens of Fishbone Eco-Innovation: A Moderating Role of ISO 14001-2015 Environmental Management System. Processes 2020, 8, 1152 .
AMA StyleAbu Toha, Satirenjit Kaur Johl, Parvez Alam Khan. Firm’s Sustainability and Societal Development from the Lens of Fishbone Eco-Innovation: A Moderating Role of ISO 14001-2015 Environmental Management System. Processes. 2020; 8 (9):1152.
Chicago/Turabian StyleAbu Toha; Satirenjit Kaur Johl; Parvez Alam Khan. 2020. "Firm’s Sustainability and Societal Development from the Lens of Fishbone Eco-Innovation: A Moderating Role of ISO 14001-2015 Environmental Management System." Processes 8, no. 9: 1152.
The growing concerns surrounding the precarious state of the biosphere have triggered organizations to develop and implement innovations that curb environmental degradation (eco-innovation). However, eco-innovation is a risky proposition for organizations and their stakeholders, due to uncertainty of outcome. Despite the high investment risk of eco-innovation, the literature that assesses eco-innovation outcomes from an organizational performance perspective is scant. Thus, this paper uses a systematic approach to review eco-innovation and performance literature. The eco-innovation and performance literature reviewed in this paper is sourced from the Scopus and Web of Science (WoS) scientific databases. Results from this systematic review suggest that the capital market stakeholder group—an essential stakeholder group—has received little attention in the eco-innovation and performance literature. This is alarming, as this stakeholder group is expected to act in the best interests of the organization—as well as the other stakeholders—especially during strategy formulation and implementation. This paper also finds that the resource-based view and stakeholder theory are frequently utilized in explaining eco-innovation. However, the natural resource-based view is least utilized, despite growing environmental pressures. A multi-theoretical perspective can help to overcome the limitations of one theory, as well as help to unearth additional organizational factors which could potentially catalyze the eco-innovation and performance relationship.
Russell Tatenda Munodawafa; Satirenjit Kaur Johl. A Systematic Review of Eco-Innovation and Performance from the Resource-Based and Stakeholder Perspectives. Sustainability 2019, 11, 6067 .
AMA StyleRussell Tatenda Munodawafa, Satirenjit Kaur Johl. A Systematic Review of Eco-Innovation and Performance from the Resource-Based and Stakeholder Perspectives. Sustainability. 2019; 11 (21):6067.
Chicago/Turabian StyleRussell Tatenda Munodawafa; Satirenjit Kaur Johl. 2019. "A Systematic Review of Eco-Innovation and Performance from the Resource-Based and Stakeholder Perspectives." Sustainability 11, no. 21: 6067.
Increased greenhouse gas (GHG) emissions in the past decades have created concerns about the environment. To stymie global warming and the deterioration of the natural environment, global CO2 emissions need to reach approximately 1.3 tons per capita by 2050. However, in Malaysia, CO2 output per capita—driven by fossil fuel consumption and energy production—is expected to reach approximately 12.1 tons by the year 2020. GHG mitigation strategies are needed to address these challenges. Cleaner production, through eco-innovation, has the potential to arrest CO2 emissions and buttress sustainable development. However, the cleaner production process has been hampered by lack of complete data to support decision making. Therefore, using the resource-based view, a preliminary study consisting of energy and utility firms is undertaken to understand the impact of big data analytics towards eco-innovation. Linear regression through SPSS Version 24 reveals that big data analytics could become a strong predictor of eco-innovation. This paper concludes that information and data are key inputs, and big data technology provides firms the opportunity to obtain information, which could influence its production process—and possibly help arrest increasing CO2 emissions.
Russell Tatenda Munodawafa; Satirenjit Kaur Johl. Big Data Analytics Capabilities and Eco-Innovation: A Study of Energy Companies. Sustainability 2019, 11, 4254 .
AMA StyleRussell Tatenda Munodawafa, Satirenjit Kaur Johl. Big Data Analytics Capabilities and Eco-Innovation: A Study of Energy Companies. Sustainability. 2019; 11 (15):4254.
Chicago/Turabian StyleRussell Tatenda Munodawafa; Satirenjit Kaur Johl. 2019. "Big Data Analytics Capabilities and Eco-Innovation: A Study of Energy Companies." Sustainability 11, no. 15: 4254.