Key Factors of Successful Corporate Environmental Practice in Selected Malaysia Public Listed Companies

Abstract

Today, the issue of corporate environmental practice has been discussed extensively in research and operation because the future of sustainability is at stake. Thus, this paper’s objectives are 1) to understand the corporate environmental practice and 2) to determine the key factors of successful corporate environmental practice. Data were gathered from semi-structured interviews with representatives from several prominent Public Listed Companies (PLCs) in Malaysia, which are the pioneer in this area. Findings from this study reveal that companies should have clear environmental guidelines, and most importantly enhanced data governance for greater corporate environmental practice. The conclusion discusses the continuous improvement in navigating and planning future research. Keywords: Corporate environmental practics; Operationalisation, Data governance; Resilience eISSN: 2398-4287© 2020. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia. DOI: https://doi.org/10.21834/ebpj.v5i15.2421.

Internal Business Factors for Business Sustainability: A realistic view from sustainability managers

“…Importantly, this study validated previous findings regarding internal business factors, resources and capabilities that environmental performance affects financial performance. This study aligns with Grewatsch and Kleindienst (2017) and Jasni and Yusoff (2020), establishing internal business factors as a company's competencies. Green efficiency considers investing financial resources in green technology, such as renewable and solar energy.…”

“…The qualitative method was used to grasp the complexity of a situation and the participants' perspectives on meaning and context. This study used a qualitative deductive approach and employed semi-structured interviews to ensure data collection consistency (Jasni & Yusoff, 2020). The semi-structural interview is also an excellent method for grasping the complexity of a problem and the various viewpoints.…”

“…Thus, after discussing the company resources, this section presents a considerable amount of literature on optimising the company's resources by acquiring specific corporate capabilities. Attitudes and norms that serve as drivers for sustainability practices have been studied extensively (Grewatsch & Kleindienst, 2017;Jasni & Yusoff, 2020). Therefore, the relative importance of sustainability in corporate capabilities positively encourages the development of strategic organisational capabilities and addressing internal and external environments, which consider short-term and long-term horizons.…”