Solar Photovoltaic Technology and its Impact on Environmental, Social and Governance (ESG) Performance: A Review DOI Open Access
Ahmad Ali Jan, Fong‐Woon Lai, Muhammad Kashif Shad

et al.

KnE Social Sciences, Journal Year: 2023, Volume and Issue: unknown

Published: Dec. 7, 2023

To mitigate greenhouse gas (GHG) emissions in the environment, renewable energy sources hold significant potential to offer clean and green energy, reduce carbon emissions. Utilizing solar power systems can ensure generation of sustainable leading reduced GHG during electricity production process. The adoption has witnessed a remarkable surge recent years due evident demand for environmentally friendly sources. There are multiple avenues prospective research development realm systems. Gaining familiarity with requisite technology its suitability diverse demands consumption patterns is paramount importance. In this context, focus study centers around photovoltaic (PV) technologies. Solar PV positioned significantly contribute global requirements, offering multi-terawatt capacity energy. Notably, well-established infrastructure economic feasibility, emerges as an optimal choice both small large-scale projects. This places special emphasis on sustainability lens through which advancements examined. world where concerns about climate change mitigation mounting, stands out foremost source serving pragmatic solution fostering development. Keywords: technology, ESG risks, approaches, systems,

Language: Английский

Embedding sustainability into bank strategy: implications for sustainable development goals reporting DOI
Ahmad Ali Jan, Fong‐Woon Lai,

Mohammad Asif

et al.

International Journal of Sustainable Development & World Ecology, Journal Year: 2022, Volume and Issue: 30(3), P. 229 - 243

Published: Oct. 13, 2022

The United Nations’ Sustainable Development Goals (SDGs) highlight the most pressing issues that need to be resolved by global community, including Islamic banking industry, ensure social equity, economic viability, and environmental protection. Accordingly, this study aims develop a practical framework for evaluating sustainability reporting performance of banks in purview SDGs. This employed recent Global Reporting Initiative religious indicators establish measurement relation Centering on Malaysian banks, found overall corporate is quite low, though it has increased over time from 2011–2020. bank-wise analysis implies SDGs differs where outperform disclosure scores. Further, SDG-wise indicates SDG-9, SDG-17, SDG-11, SDG-1 appear have highest Nevertheless, SDG-16 revealed least SDG score, indicating sampled do not provide complete information about addressing sustainability-related issues. outcome might useful regulators managers embedding into their strategy will help recognizing strong weak points procedures regarding

Language: Английский

Citations

61
Exploring the nexus of corporate governance and intellectual capital efficiency: from the lens of profitability DOI
Khuram Shahzad, Syed Quaid Ali Shah, Fong‐Woon Lai

et al.

Quality & Quantity, Journal Year: 2022, Volume and Issue: 57(3), P. 2447 - 2468

Published: July 5, 2022

Language: Английский

Citations

39
Corporate governance and CSR for sustainability in Oil and Gas: Trends, challenges, and best practices: A review DOI Creative Commons

Stella Emeka-Okoli,

Tochukwu Chinwuba Nwankwo,

Christiana Adanma Otonnah

et al.

World Journal of Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 21(3), P. 078 - 090

Published: March 4, 2024

Corporate governance and Social Responsibility (CSR) are integral components of sustainability in the oil gas industry, shaping sector's environmental social impact. This review explores current trends, challenges, best practices corporate CSR for within sector. The examines how frameworks influence strategies, highlighting importance board oversight stakeholder engagement driving sustainable practices. It also delves into evolving role companies addressing concerns, such as climate change resource depletion, through initiatives transparent reporting. Challenges faced by regulatory complexity, expectations, balancing short-term profitability with long-term sustainability, analyzed. underscores need robust structures effective programs to navigate these challenges maintain license operate. Best explored, emphasizing integrating core business strategies. Case studies illustrate successful approaches implementation, showcasing can create shared value stakeholders while positive outcomes. In conclusion, calls a proactive holistic approach industry. advocates increased transparency, engagement, alignment efforts Sustainable Development Goals (SDGs) enhance mitigate risks

Language: Английский

Citations

15
ESG Controversies and Firm Value: Evidence from A-Share Companies in China DOI Open Access
Shu‐Yun Ma, Tao Ma

Sustainability, Journal Year: 2025, Volume and Issue: 17(6), P. 2750 - 2750

Published: March 20, 2025

Firm value reflects a company’s market competitiveness, while ESG controversies indicate its risks. This study aims to examine the impact of on firm and underlying mechanisms. Using panel dataset 851 non-financial firms listed in China’s A-share between 2010 2022, this investigates relationship using two-way fixed-effects model. The analysis shows that impair value. remains robust after conducting Heckman test, 2SLS methods, heteroskedasticity tests. Further mediation indicates negatively affect through lower levels green innovation, total factor productivity, financing constraints. In addition, examines moderating effects social performance, environmental analyst forecast bias. Finally, heterogeneity was conducted. These findings provide new perspectives for understanding complex dynamics value, essential strengthening rating framework promoting sustainable corporate development.

Language: Английский

Citations

1
A walk of corporate sustainability towards sustainable development: a bibliometric analysis of literature from 2005 to 2021 DOI
Ahmad Ali Jan, Fong‐Woon Lai, Junaid Siddique

et al.

Environmental Science and Pollution Research, Journal Year: 2022, Volume and Issue: 30(13), P. 36521 - 36532

Published: Dec. 22, 2022

Language: Английский

Citations

36
Hope-hype of green innovation, corporate governance index, and impact on firm financial performance: a comparative study of Southeast Asian countries DOI Open Access
Parvez Alam Khan, Satirenjit Kaur Johl, Anil Kumar

et al.

Environmental Science and Pollution Research, Journal Year: 2023, Volume and Issue: 30(19), P. 55237 - 55254

Published: March 8, 2023

Language: Английский

Citations

20
Exploring the effect of enterprise risk management for ESG risks towards green growth DOI
Syed Quaid Ali Shah, Fong‐Woon Lai, Muhammad Kashif Shad

et al.

International Journal of Productivity and Performance Management, Journal Year: 2024, Volume and Issue: unknown

Published: June 12, 2024

Purpose Despite the growing emphasis on sustainability and need to manage environmental, social, governance (ESG) risks, direct relationship between enterprise risk management (ERM) green growth (GG) has not been investigated. This study seeks fill this gap by examining effect of ERM GG oil gas (O&G) companies in Malaysia. Design/methodology/approach The used panel data regression models analyze from 2012 2021. For computing GG, we adapted Organization for Economic Cooperation Development’s (OECD) framework. is computed using COSO WBCSD guidelines ESG-related risks. Weighted content analysis measure Findings findings derived descriptive statistics analyses indicate a consistent ongoing rise adoption practices over time. However, some are still initial stages incorporating address ESG study’s unequivocally establish substantial positive GG. drives significantly influencing its environmental resource productivity dimensions. further reveals that impact economic opportunities policy responses, as well natural asset base, statistically significant, albeit with relatively lower coefficient values. Practical implications To enhance legitimacy organizations foster stakeholder relationships, regulators, governments, policymakers should actively promote standards specifically outlined WBCSD. strategic alignment will ultimately contribute improving organizations. Originality/value best authors' knowledge, first ERM’s adds existing literature focusing role company’s It clarifies significant diminishing emerging risks advancing

Language: Английский

Citations

5
Communication strategies for effective CSR and stakeholder engagement in the oil & gas industry: A conceptual analysis DOI Creative Commons

Stella Emeka-Okoli,

Tochukwu Chinwuba Nwankwo,

Christiana Adanma Otonnah

et al.

World Journal of Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 21(3), P. 091 - 099

Published: March 4, 2024

This conceptual analysis explores communication strategies for effective Corporate Social Responsibility (CSR) and stakeholder engagement in the oil gas industry. The sector faces increasing scrutiny from stakeholders, including communities, governments, NGOs, investors, regarding its social environmental impact. Effective is crucial companies to build trust, manage expectations, demonstrate their commitment CSR. discusses key that can employ enhance CSR engagement. These include transparency, dialogue, collaboration, storytelling. Transparency involves providing clear accurate information about company's initiatives, performance, Dialogue engaging with stakeholders understand concerns, gather feedback, address issues. Collaboration partnering co-create solutions maximize impact of initiatives. Storytelling sharing compelling narratives efforts inspire a positive reputation. also highlights importance tailoring specific context includes addressing unique challenges sensitivities associated operations, such as risks, community impacts, regulatory complexities. Overall, emphasizes driving Companies adopt transparent, dialogue-driven, collaborative, storytelling-based are more likely reputation, create

Language: Английский

Citations

4
Integrating Enterprise Risk Management on the Nexus of Sustainability Reporting and Firm Performance: A Conceptual Study DOI
Syed Quaid Ali Shah,

Lai Fong Woon,

Muhammad Kashif Shad

et al.

Emerald Publishing Limited eBooks, Journal Year: 2024, Volume and Issue: unknown, P. 565 - 579

Published: April 17, 2024

The primary objective of this research is to conceptualize the integration enterprise risk management (ERM) as a mechanism enhance connection between corporate sustainability (CS) reporting and financial performance. This study suggests that future researchers should validate proposed conceptualization by conducting comprehensive content analysis reports Malaysian oil gas companies. will allow for collection pertinent data regarding CS ERM implementation. present takes approach integrating legitimacy, stakeholder, resource-based view (RBV) theories, proposing robust conceptual design emphasizes role in firm Drawing on theoretical foundations, proposes have direct effect Moreover, serves strengthen nexus offers valuable insights stakeholders sector providing strategic guidance performance not only through but also implementing ERM. framework expected bring tangible intangible benefits corporations, including reducing information asymmetry, improving quality disclosure, creating value within field CS. holds great significance it enhances applicability RBV while adoption practices

Language: Английский

Citations

4
A reflection on the voluntary disclosure of sustainable development goals: The role of sustainability committee DOI Creative Commons
Salaheldin Hamad, Fong‐Woon Lai, Muhammad Kashif Shad

et al.

Business Strategy & Development, Journal Year: 2024, Volume and Issue: 7(3)

Published: July 17, 2024

Abstract Limited research explores the private sector's role in achieving Sustainable Development Goals (SDGs), particularly regarding factors influencing disclosure practices emerging economies. This study addresses this gap by investigating voluntary of SDGs and impact sustainability committee (SC) on such Malaysia. Panel data from large publicly listed Malaysian companies spanning 2016 to 2020 is employed. Manual content analysis extracts SDGs‐related information annual reports. Data were analyzed using univariate multivariate analytical models examine effect committee's existence disclosure. Findings reveal an increasing trend companies' commitment SDGs, with a stronger emphasis social goals compared environmental ones. The results T ‐test, fixed effects, two‐stage least squares regressions demonstrate significantly higher more detailed SDG SCs those without SCs. These findings suggest that facilitate integration into corporate strategies business models. Sensitivity analyses have not altered our findings. provides useful insights for policymakers practitioners committees enhancing practices.

Language: Английский

Citations

4