Environmental management control system, blockchain adoption, cleaner production, and product efficiency on environmental reputation and performance: Empirical evidence from Indonesia

Nuryanto, Uli Wildan; Basrowi,; Quraysin, Icin; Pratiwi, Ika

doi:10.1016/j.sftr.2024.100190

Cited by 1 publication

(3 citation statements)

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“…In fact, by automating the compliance of smart contracts within the technology with agreed-upon environmental standards or environmental regulations, companies can be enabled to comply with cleaner production standards. With this understanding of accountability, companies' attitudes toward partners, consumers, and regulators will be more rational, and they will be encouraged to adhere to sustainable activities (Nuryanto, Basrowi, Quraysin, & Pratiwi, 2024).…”

Section: Accountability Of the Partiesmentioning

confidence: 99%

“…As a result, the adoption of blockchain for cleaner and environmentally friendly operations is seen as a significant hope for improving environmental performance and promoting sustainability practices. Because with blockchain applications, supply chain efficiency is increased, resource waste is reduced and consumer awareness and accountability are increased (Nuryanto, Basrowi, Quraysin, & Pratiwi, 2024). Today, when integrating blockchain technology into business operations will be important in shaping the environmental reputation of organizations, the BTCEN project has taken an important step.…”

Section: Cooperation With Different Organizationsmentioning

confidence: 99%

“…NFTs offer new ways for creators to monetize their digital content by selling their unique digital products or licensing their creations while allowing NFT holders to own a unique asset that no other token can replicate. Smart contracts can be used to enable and manage the exchange of NFTs (Nuryanto, Basrowi, Quraysin, & Pratiwi, 2024). The fact that the BTCEN project will offer NFTs as rewards for recycling transactions will have a significant impact on recycling rates.…”

Section: Possible Effects On Recycling Ratesmentioning

confidence: 99%

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Environmental Contributions of BTCEN Project: Sustainability with Blockchain

Bulut

2024

PLIC

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The BTCEN project has begun to leverage blockchain technology, an innovation to increase efficiency and transparency in supply chain activities, promote recycling, and improve environmental sustainability. BTCEN has integrated Blockchain technology with platforms of e-commerce, tokenization, CRM, and ERP modules into its own systems. In this way, it increased data security while creating an effective tracking system. As a main activity, BTCEN recycles the beverage bottles of product users, increases the participation rate and conversion amount through gamification and some tangible rewards, and uses "Bring Back (BB) Coin" and NFTs as tools. Recycling vending machines strategically placed in different local centers make the process convenient and interesting, while additional incentives such as discounts encourage sustainable behavior. Awareness campaigns in various forms and partnerships with some environmental organizations, educational institutions, and local governments will support BTCEN's successes. BTCEN aims to combine ecological balance and sustainability methods while using technological innovations in its activities. By setting a standard that combines all these, it also encourages the social responsibility culture necessary for a clean environment to be left to future generations

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Section: Accountability Of the Partiesmentioning

confidence: 99%

Section: Cooperation With Different Organizationsmentioning

confidence: 99%

Section: Possible Effects On Recycling Ratesmentioning

confidence: 99%

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