Sustainability and Green Technology Innovation

Authors

  • D. Vimala PhD Scholar, School of Management Studies, Vels Institute of Science, Technology & Advanced Studies (VISTAS).
  • M. Ruby Evangelin Assistant Professor and Research Scholar, School of Management Studies, Vels Institute of Science Technology and Advanced Studies (VISTAS), Chennai.
  • Dr.S. Vasantha Professor, School of Management Studies, Vels Institute of Science, Technology & Advanced Studies (VISTAS).

Keywords:

Economic Sustainability, Environmental Sustainability, Green Technology Innovation, Sustainability,

Abstract

This study investigates the relationships between investments in green technology and involvement in sustainability. Small firms' interest in investing in green technology is influenced by how involved they are with sustainability. Investments in green technologies, however, do not seem to be primarily motivated by participation in environmental sustainability. The study's findings demonstrate that businesses using green technologies do not prioritise environmental sustainability over other goals like creating economic and social value. Supposedly, the triple bottom line, which operates in this space, aims to assess corporate performance in terms of its effects on the environment and interested parties in addition to concerns about profitability. The study of sustainability in management information systems has thus far been constrained by the field of green IT, which largely focuses on reducing the energy consumption of corporate IT systems. It shows how to integrate human, supply chain, and IT resources to help businesses develop sustainability capabilities that enable them to deliver sustainable values to relevant stakeholders and maintain competitive advantage. In particular, the development of sustainability capabilities is addressed in relation to the role of automate, inform, transform, and infrastructure IT resources. The project calls for IT to play a daring new role in sustainability that goes beyond lowering energy usage. The ramifications for future IT and sustainability research and management practise are also discussed.

Published

2022-05-05

Issue

Section

Articles