Factors influencing optimization performance of  high-tech industry from the SDGs perspective

Noerlina S. Kom; Tirta Mursitama; Aninda Rahmasari

doi:10.37497/2965-730X.SDGsReview.v4.n00.pe01592

Authors

Noerlina S. Kom Bina Nusantara University https://orcid.org/0000-0003-3822-2701
Tirta Mursitama Bina Nusantara University https://orcid.org/0000-0002-0230-8864
Aninda Rahmasari Bina Nusantara University, Jakarta https://orcid.org/0000-0003-1689-9762

DOI:

https://doi.org/10.37497/2965-730X.SDGsReview.v4.n00.pe01592

Keywords:

Firm Performance, High-Tech Industry, Sustainable Development Goals

Abstract

Purpose: Every company has a role and obligation to participate in achieving the Sustainable Development Goals (SDGs) while remaining focused on the company's competitiveness. The research aims to identify factors influencing the performance of high-tech industry from the SDGs perspective.

Method: This research uses an in-depth literature review method on reputable publications indexed in the Scopus database, by applying keywords that are relevant to the research topic. This research managed to find the role of SDGs and ESG elements in the development of high-tech industries.

Results: The literature study concluded that a company’s ESG (Environmental, Social, Governance) policies covering the environmental aspects, social aspects, and governance aspects, greatly influence the company’s SDGs achievement. By improving ESG performance, companies indirectly play a role in SDGs goals. This study is expected to offer input and recommendations for high-tech industry as well as the government in formulating policies and practices that support firm performance in meeting SDGs targets.

Downloads

Download data is not yet available.

Author Biographies

Noerlina S. Kom, Bina Nusantara University

Information Systems Department, School of Information Systems, Bina Nusantara University, Jakarta

Tirta Mursitama, Bina Nusantara University

International Relations Department, Faculty of Humanities, Bina Nusantara University, Jakarta, 11480

Aninda Rahmasari, Bina Nusantara University, Jakarta

International Relations Department, Faculty of Humanities, Bina Nusantara University, Jakarta, 11480

References

Bizarrias, F. S. (2024). Governance and Sustainability in Developing Countries: Intelectual Structure, Trends and Lessons From Brazil and China. SDGs Studies Review , 5(goals), e0150. https://doi.org/10.37497/sdgs.v5igoals.8

Bobenič Hintošová, A., Bobenič, T., Hajduová, Z., & Szajt, M. (2020). The influence of firm-specific factors on firms´ performance. Polish Journal of Management Studies. https://doi.org/10.17512/pjms.2020.21.2.09

Central Bank of Indonesia. (2020). Regional economic and financial studies. In Laporan Nusantara (p. 74).

Cheng, Y., Liu, H., Wang, S., Cui, X., & Li, Q. (2021). Global action on sdgs: Policy review and outlook in a post-pandemic era. In Sustainability (Switzerland). https://doi.org/10.3390/su13116461

Goldschlag, N., & Miranda, J. (2020). Business dynamics statistics of High Tech industries. Journal of Economics and Management Strategy, 29(1), 3–30. https://doi.org/10.1111/jems.12334

Guimarães , J. C. F. D., Severo, E. A., & Dorion, E. C. H. (2023). Path to Sustainable Competitive Advantage with Use of Environmental, Social and Governance Principles. SDGs Studies Review, 4(goals), e0117. https://doi.org/10.37497/sdgs.v4igoals.9

Kharunnisa, A., Noerlina, & Meiryani. (2023). ERP Implementation and Foreign Ownership in High-Tech Industry to Achieve Sustainable Development Goals. E3S Web of Conferences. https://doi.org/10.1051/e3sconf/202342602113

Kücükgül, E., Cerin, P., & Liu, Y. (2022). Enhancing the value of corporate sustainability: An approach for aligning multiple SDGs guides on reporting. Journal of Cleaner Production. https://doi.org/10.1016/j.jclepro.2021.130005

Leal Filho, W., Vidal, D. G., Chen, C., Petrova, M., Dinis, M. A. P., Yang, P., Rogers, S., Álvarez-Castañón, L., Djekic, I., Sharifi, A., & Neiva, S. (2022). An assessment of requirements in investments, new technologies, and infrastructures to achieve the SDGs. Environmental Sciences Europe. https://doi.org/10.1186/s12302-022-00629-9

Li, C., Li, M., Zhang, L., Li, T., Ouyang, H., & Na, S. (2019). Has the high-tech industry along the belt and road in China achieved green growth with technological innovation efficiency and environmental sustainability? International Journal of Environmental Research and Public Health. https://doi.org/10.3390/ijerph16173117

Lusthaus, C. (2002). Organizational assessment: A framework for improving performance. Inter-American Development Bank, International Development Research Centre.

Martí, J. M. C., Tancrez, J. S., & Seifert, R. W. (2015). Carbon footprint and responsiveness trade-offs in supply chain network design. International Journal of Production Economics. https://doi.org/10.1016/j.ijpe.2015.04.016

Mursitama, T. N., Noerlina, & Arnakim, L. Y. (2023). The role of absorptive capacity, technological capability, and firm performance in Indonesia’s high-tech industry. International Journal of Applied Economics, Finance and Accounting, 15(2), 126–134. https://doi.org/10.33094/ijaefa.v15i2.852

Noerlina, Mursitama, T. N., Simatupang, B., & Bandur, A. (2022). The Importance of Interfirm Networks in Enhancing Innovation Capability and Exporting in High-Tech Industry. HighTech and Innovation Journal, 3(Special Issue), 52–64. https://doi.org/10.28991/HIJ-SP2022-03-05

Optimizing the impact on environmental sustainability: factors that influence firm performance. (2023). Annals in Social Responsibility. https://doi.org/10.1108/asr-06-2023-0029

Shahzad, U., Ferraz, D., Nguyen, H. H., & Cui, L. (2022). Investigating the spill overs and connectedness between financial globalization, high-tech industries and environmental footprints: Fresh evidence in context of China. Technological Forecasting and Social Change. https://doi.org/10.1016/j.techfore.2021.121205

Shaid, N. J. (2023). Apa Itu ESG: Pengertian, Kriteria, dan Pentingnya dalam Dunia Bisnis. Kompas.Com.

Souza, G. M. F., & Lima, M. M. L. (2020). Sustainable Entrepreneurship: A Case Study in the Association of Organic Horticultural Farmers in the City of Juazeiro do Norte, Brazil. SDGs Studies Review, 1(sdgs), e0336. https://doi.org/10.37497/sdgs.v1isdgs.2

Sun, B., Zhang, R., & Mao, H. (2020). Industrial agglomeration, university-industry collaboration and patent output: Evidence from the Chinese high-tech industry. IEEE Access. https://doi.org/10.1109/ACCESS.2020.3046079

UNIDO. (n.d.). Classification of manufacturing sectors by technological intensity (ISIC Revision 4). https://stat.unido.org/content/focus/classification-of-manufacturing-sectors-by-technological-intensity-%2528isic-revision-4%2529;jsessionid=4DB1A3A5812144CACC956F4B8137C1CF

Usman, M., & Hammar, N. (2021). Dynamic relationship between technological innovations, financial development, renewable energy, and ecological footprint: fresh insights based on the STIRPAT model for Asia Pacific Economic Cooperation countries. Environmental Science and Pollution Research. https://doi.org/10.1007/s11356-020-11640-z

van Zanten, J. A., & van Tulder, R. (2021). Improving companies’ impacts on sustainable development: A nexus approach to the SDGS. Business Strategy and the Environment. https://doi.org/10.1002/bse.2835

Yang, Y. C., Hong, C. Y., Muzayyanah, S., & Adha, R. (2020). Decomposition of growth factors in high-tech industries and Co2 emissions: After the world financial crisis in 2008. International Journal of Energy Economics and Policy. https://doi.org/10.32479/ijeep.9411

Zafar, M. W., Saud, S., & Hou, F. (2019). The impact of globalization and financial development on environmental quality: Evidence from selected countries in the organization for economic co-operation and development (OECD). Environmental Science and Pollution Research. https://doi.org/10.1007/s11356-019-04761-7