The Implementation of the Environmental, Social, and Governance Program to Support the Business Sustainability: A Case Study of Indonesian Companies

Handi Risza, Iin Mayasari (), Hendrawan Krisna Adi, Iyus Wiadi, Retno Sri Handini and Ritzka Yauma Putri Driarkoro
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Handi Risza: Paramadina University
Iin Mayasari: Paramadina University
Hendrawan Krisna Adi: Paramadina University
Iyus Wiadi: Paramadina University
Retno Sri Handini: Paramadina University
Ritzka Yauma Putri Driarkoro: Paramadina University

A chapter in Proceedings of the 20th International Symposium on Management (INSYMA 2023), 2024, pp 343-349 from Springer

Abstract: Abstract This study analyzes the implementation of environmental, social, and governance in Indonesia to support long-term business continuity. This research anticipates government policies to support sustainable programs, activities, and performance. This research method applied a qualitative approach through interviews with company employees directly involved in implementing environmental, social, and governance programs. Interviews were conducted with 24 manufacturing, government, service, NGO, and education employees using question-based environmental, social, and governance indicators. The research results show that several companies have implemented environmental, social, and governance-oriented programs. However, program optimization and performance achievement have not been optimal because it requires a long time, organizational learning, and the support of all stakeholders.

Keywords: business sustainability; environmental; social; governance (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-244-6_52

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DOI: 10.2991/978-94-6463-244-6_52

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