Sustainability-Driven Business Transformation in Indonesian Industries: The Role of Environmental Strategy and Stakeholder Pressure

DOI

10.2991/978-94-6239-709-5_137How to use a DOI?

Keywords

Sustainability; Business transformation; Environmental strategy; Stakeholder pressure; Blue-green economy

Abstract

This study investigates the impact of environmental strategies and stakeholder pressures on sustainability-driven business transformation in, resource-intensive Indonesian industries, such as energy, mining, manufacturing, and maritime sectors, within the broader context of the blue-green economy, global trade dynamics, and governance challenges. Using secondary data from the Indonesian Financial Services Authority (OJK), Central Bureau of Statistics (BPS), World Bank reports, and ESG disclosures of 120 listed companies between 2015 and 2023, multiple regression analysis was employed to test causal relationships. Results indicate that both proactive environmental strategies and stakeholder pressures significantly enhance transformation outcomes, particularly in innovation, operational efficiency, and market reputation. Firms that integrate sustainability into core business processes demonstrate greater adaptability to regulatory changes, international trade requirements, and evolving stakeholder expectations. Furthermore, the study emphasizes that companies embedding sustainability as a central element of corporate strategy are better positioned to achieve long-term competitiveness, resilience, and legitimacy in global markets. These findings highlight the strategic importance of aligning corporate initiatives with sustainability goals, reinforcing governance mechanisms, and engaging stakeholders effectively within the blue-green economy context. Beyond theoretical contributions, this research provides actionable insights for managers, policymakers, and regulators in Indonesia and other emerging economies.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Marselin Papalangi
AU  - Ria Mardiana Yusuf
PY  - 2026
DA  - 2026/06/20
TI  - Sustainability-Driven Business Transformation in Indonesian Industries: The Role of Environmental Strategy and Stakeholder Pressure
BT  - Proceedings of the 10th International Conference on Accounting, Management, and Economics (10th ICAME 2025)
PB  - Atlantis Press
SP  - 1973
EP  - 1984
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-709-5_137
DO  - 10.2991/978-94-6239-709-5_137
ID  - Papalangi2026
ER  -