Environmental, Social, and Governance (ESG) Implementation to Support Peken Facebook’s Operational Performance for Sustainable Business

Authors

  • Ni Luh Putu Sariani Universita Pendidikan Nasional
  • Ketut Tanti Kustina Universitas Pendidikan Nasional

Keywords:

ESG, MSMEs, Business sustainability

Abstract

MSMEs do not yet have role models for the successful implementation of sustainability practices, even though ESG issues have become an interesting topic at the international level, including in Indonesia from 2019 to 2021 for investors and companies as a means of sustainable business performance. By seeing the importance of implementing ESG, Peken Facebook is trying to implement ESG in its operations to maintain its existence. The aim of this research is to determine the implementation of ESG in supporting Peken Facebook's operational performance for sustainable business. This research uses a qualitative description method. Based on the results of the research and discussion, it is found that the implementation of the ESG Scorecard on Peken Facebook is good enough because it can provide informative information so as to get opportunities to access funding in banking to support the sustainable operational performance of Peken Facebook.

Author Biography

Ni Luh Putu Sariani, Universita Pendidikan Nasional

Departemen Fakultas Ekonomi dan Bisnis dan Pangkat Penata Muda TK.1

References

Al-Issa, N., Khaki, A. R., Jreisat, A., Al-Mohamad, S., Fahl, D., & Limani, E. (2022). Impact of environmental, social, governance, and corporate social responsibility factors on firm’s marketing expenses and firm value: A panel study of US companies. Cogent Business and Management, 9(1), 1–20. https://doi.org/10.1080/23311975.2022.2135214

Alamsyah, S. A. L. (2023). Ini Dia Perkembangan ESG di Era Pandemi COVID-19. https://accounting.binus.ac.id/2023/05/06/ini-dia-perkembangan-esg-di-era-pandemi-covid-19/

Alsayegh, M. F., Rahman, R. A., & Homayoun, S. (2020). Corporate Economic, Environmental, and Social Sustainability Performance Transformation through ESG disclosure. Sustainability, 12, 2–20. https://doi.org/10.3390/su12093910

Aryana, I. P. Y., & Mandira, I. M. C. (2023). Implementasi Sosial Media Marketing pada Bali Safari dan Marine Park. Jurnal Abdimas Mandiri, 7(1), 7–14. https://doi.org/10.36982/jam.v7i1.2915

Christiawan, R. (2022). Menakar Kepatuhan Penerapan ESG. https://epaper.kontan.co.id/news/803084/Menakar-Kepatuhan-Penerapan-ESG

Clément, A., Robinot, E., & Trespeuch, L. (2022). Improving ESG Scores with Sustainability Concepts. Sustainability, 14(20), 1–15.

Fernando, Y., Jabbour, C. J. C., & Wah, W. X. (2019). Pursuing green growth in technology firms through the connections between environmental innovation and sustainable business performance: Does service capability matter?. Resources, Conservation and Recycling, 141, 8–20. https://doi.org/10.1016/j.resconrec.2018.09.031

Ferriani, F., & Natoli, F. (2021). ESG risks in times of Covid-19. Applied Economics Letters. 28(18), 1537–1541. https://doi.org/10.1080/13504851.2020.1830932

Harymawan, I., Indahsari, A. T., & Putra, F. K. G. (2022). Strengthening Indonesian MSME Sustainability through Sustainable Finance Lab. Jurnal Layanan Masyarakat, 6(2), 421–438. https://doi.org/10.20473/jlm.v6i2.2022.421-438

Henisz, W., Koller, T., & Nuttall, R. (2019). Five ways that ESG creates value. McKinsey Quarterly, November, 1–12.

Inawati, W. A., & Rahmawati. (2023). Dampak Environmental, Social, dan Governance (ESG) Terhadap Kinerja Keuangan. Jurnal Akademi Akuntansi, 6(2), 235–241. https://doi.org/10.22219/jaa.v6i2.26674

Peken Facebook’s Customer’s review. (2023). https://shopee.co.id/buyer/171343627/rating?shop_id=171341229

Peken Facebook Homepage. (2023). https://shopee.co.id/pekenfacebook

Putri, A. W., Rafikri, A. A., & Gading, M. M. (2023). Pengaruh Penerapan ESG sebagai Indeks dalam Keputusan Berinventasi pada Gen Z. Prosiding Capital Market Competition, 276–293.

Qoyum, A., Sakti, M. R. P., Thaker, H. M. T., & AlHashfi, R, U. (2022). Does the Islamic Label Indicate Good Environmental, Social, and Governance (ESG) Performance? Evidence from Sharia-Compliant Firms in Indonesia and Malaysia. Borsa Istanbul Review, 22(2), 306–320. https://doi.org/10.1016/j.bir.2021.06.001

Safriani, M. N., & Utomo, D. C. (2020). Pengaruh Environmental, Social, Governance (ESG) Disclosure Terhadap Kinerja Perusahaan. Diponegoro Journal of Accounting, 9(3), 1–11.

Sarnisa, W. D., Rafianamaghfurin, & Djasuli, M. (2022). Praktik Pengungkapan Informasi Environmental, Social and Governance (ESG) dalam Penerapan GCG. Jurnal Ekonomika Dan Bisnis (JEBS), 2(3), 754–758. https://doi.org/10.47233/jebs.v2i3.267

Shopee. (2023). Apa itu Program Penjual Star? https://seller.shopee.co.id/edu/article/342

Suheriadi. (2022). Survei DBS: UMKM Mulai Prioritaskan Aspek ESG. https://www.fortuneidn.com/finance/suheriadi/survei-dbs-99-umkm-mulai-prioritaskan-aspek-esg?page=all

Zheng, G. W., Siddik, A. B., Masukujjaman, M., & Fatema, N. (2021). Factors Affecting the Sustainability Performance of Financial Institutions in Bangladesh: The Role of Green Finance. Sustainability, 13(18), 1–27. https://doi.org/10.3390/su131810165

Downloads

Published

2023-09-20

How to Cite

Sariani, N. L. P., & Kustina, K. T. . (2023). Environmental, Social, and Governance (ESG) Implementation to Support Peken Facebook’s Operational Performance for Sustainable Business. International Conference Faculty of Economics and Business, 2(1), 61-68. Retrieved from https://journal.undiknas.ac.id/index.php/icfeb/article/view/4564