The Influence of Environmental Policy, Green Technology, and Ambidextrous Green Innovation on Environmental Performance
Abstract
The increase in carbon dioxide emissions in Indonesia in recent years shows that environmental performance is still ineffective in balancing economic growth with ecological sustainability. This condition confirms the need for an in-depth study of the factors that influence environmental performance, particularly environmental policy, green technology, and ambidextrous green innovation. This study aims to analyze the influence of these three factors on environmental performance through a literature review approach using comparative analysis methods. The data used were obtained from scientific articles, digital books, and academic reports published in the last eight years, obtained from reputable databases such as Scopus, Web of Science, Springer, Taylor & Francis, Emerald, and Google Scholar. The results of the study show that: 1) Environmental policy plays an important role in encouraging regulatory compliance, transparency, and corporate sustainability practices; 2) Green technology has been proven to increase energy efficiency, reduce waste, and lower carbon emissions through the use of renewable energy and environmentally friendly products; and 3) Ambidextrous green innovation contributes to creating a balance between the exploitation of existing green practices and the exploration of new innovations, thereby strengthening the sustainable competitiveness of organizations. This research provides a theoretical contribution by integrating policy, technology, and innovation into a conceptual framework of environmental performance, as well as a practical contribution to organizations and policymakers in designing sustainability strategies.