PERAN GREEN BANKING, GREEN INVESTMENT DAN GREEN INNOVATION TERHADAP GREEN SUSTAINABILITY DENGAN REGULATORY PRESSURE SEBAGAI VARIABEL MODERASI: SYSTEMATIC LITERATURE REVIEW
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Published:
May 30, 2026
Keywords:
Green Banking, Green Investment, Green Innovation, Green Sustainability, Regulatory Pressure, Systematic Literature Review
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Abstract
Riset ini mengkaji kontribusi Green Banking, Green Investment, dan Green Innovation dalam mendukung capaian Green Sustainability, dengan memposisikan Regulatory Pressure sebagai variabel moderasi. Menggunakan metode Systematic Literature Review (SLR) berbasis panduan PRISMA 2020, pengumpulan data bersumber dari artikel-artikel ilmiah di Google Scholar dengan batas waktu terbitan antara tahun 2021 hingga 2025. Hasil telaah pustaka mengonfirmasi bahwa penerapan green banking mampu mendorong efisiensi kerja dan mendongkrak reputasi lembaga keuangan melalui skema pembiayaan hijau. Sementara itu, investasi hijau (green investment) berdampak positif pada kinerja keberlanjutan lewat pendanaan sektor energi bersih. Di sisi lain, inovasi hijau (green innovation) berperan menekan kerusakan ekologi melalui pembaruan sistem dan proses operasional yang ramah lingkungan. Studi literatur ini juga membuktikan bahwa tekanan regulasi dari pemerintah bertindak sebagai pendorong yang memperkuat pengaruh ketiga aspek tersebut terhadap keberlanjutan. Kesimpulannya, transisi menuju ekonomi hijau global yang ideal membutuhkan integrasi kuat antara kebijakan perbankan, arus modal, pembaruan teknologi, serta ketegasan payung hukum.
Kata Kunci : Green Banking, Green Investment, Green Innovation, Green Sustainability, Regulatory Pressure, Systematic Literature Review
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Ayunda, V., Fasa, M., Verawati, H., ., H., & Mukri, M. (2026). PERAN GREEN BANKING, GREEN INVESTMENT DAN GREEN INNOVATION TERHADAP GREEN SUSTAINABILITY DENGAN REGULATORY PRESSURE SEBAGAI VARIABEL MODERASI: SYSTEMATIC LITERATURE REVIEW. GLORY Jurnal Ekonomi Dan Ilmu Sosial, 7(3), 965-978. https://doi.org/10.70581/glory.v7i3.28433
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References
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Wang, M., & Liu, Z. (2022). How Do Green Innovation Strategies Contribute to Firm Performance Under Supply Chain Risk ? Evidence From China ’ s Manufacturing Sector. 13(April), 1–11. https://doi.org/10.3389/fpsyg.2022.894766
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Zhang, X., Wang, Z., Zhong, X., Yang, S., & Siddik, A. B. (2022). Do Green Banking Activities Improve the Banks ’ Environmental Performance ? The Mediating Effect of Green Financing. 1–18.
Zhang, Y., Shou, S., & Li, Y. (2024). Do green investments impact corporate green innovation ? empirical evidence from Chinese-listed companies. November, 1–14. https://doi.org/10.3389/fenvs.2024.1468843
Akomea-frimpong, I., Adeabah, D., Ofosu, D., & Akomea-frimpong, I. (2021). A review of studies on green finance of banks , research gaps and future directions and future directions. Journal of Sustainable Finance & Investment, 0(0), 1–24. https://doi.org/10.1080/20430795.2020.1870202
Alessi, L., Ossola, E., & Panzica, R. (2021). What greenium matters in the stock market? The role of greenhouse gas emissions and environmental disclosures. Journal of Financial Stability, 54, 100869. https://doi.org/10.1016/j.jfs.2021.100869
Bhat, A. A. (2026). Green banking and sustainability – a review. 40(3), 247–263. https://doi.org/10.1108/AGJSR-04-2022-0017
Business, C. (2021). The role of green investment and corporate social responsibility investment on sustainable performance. 1975. https://doi.org/10.1080/23311975.2021.1960120
Dikau, S., & Volz, U. (2021). Central bank mandates , sustainability objectives and the promotion of green finance. Ecological Economics, 184(August 2020), 107022. https://doi.org/10.1016/j.ecolecon.2021.107022
Gao, D., & Zhou, X. (2024). Unlocking sustainability potential : The impact of green finance reform on corporate ESG performance. June 2023, 1–16. https://doi.org/10.1002/csr.2801
He, J., & Su, H. (2022). Digital Transformation and Green Innovation of Chinese Firms : The Moderating Role of Regulatory Pressure and International Opportunities.
Khan, A., Laeeque, S. H., & Malik, H. A. (2025). Advancing Green Banking Awareness in an Emerging Economy : Extending the GBCS with Green Satisfaction and Trust ‑ Driven Loyalty. 14(3), 1240–1256.
Khatun, M. N., Sarker, N. I., & Mitra, S. (2021). Green Banking and Sustainable Development in Bangladesh. 14(5). https://doi.org/10.1089/scc.2020.0065
Lingnau, V., Fuchs, F., & Beham, F. (2022). The link between corporate sustainability and willingness to invest : new evidence from the field of ethical investments. In Journal of Management Control (Vol. 33, Issue 3). Springer Berlin Heidelberg. https://doi.org/10.1007/s00187-022-00340-z
Liu, Y., Kumar, S., Liu, H., Li, S., & Zhou, Z. (2025). ESG performance, digital transformation, and green innovation. 1–19.
Muchiri, M. K., & Erdei-gally, S. K. (2025). Green Banking Practices , Opportunities , and Challenges for Banks : A Systematic Review. 1–16.
Nagina, R. (2025). Effectiveness of Green Financing Activities and Performance Management on Banking Sector : An Empirical Study. https://doi.org/10.1177/24056456241302105
Neitzert, F., & Petras, M. (2022). Corporate social responsibility and bank risk. In Journal of Business Economics (Vol. 92, Issue 3). Springer Berlin Heidelberg. https://doi.org/10.1007/s11573-021-01069-2
Peters, M. D. J., Marnie, C., Colquhoun, H., Garritty, C. M., Hempel, S., Horsley, T., Langlois, E. V, Lillie, E., Brien, K. K. O., Tunçalp, Ӧ, & Wilson, M. G. (2021). Scoping reviews : reinforcing and advancing the methodology and application. 1–6. https://doi.org/10.1186/s13643-021-01821-3
Ramadana, M., Batam, U. I., Julia, J., Batam, U. I., & Wati, E. (2025). GREEN PRACTICES ON SUSTAINABILITY PERFORMANCE : THE MODERATING ROLE OF SLACK RESOURCES ON PERFORMANCE : 22(1). https://doi.org/10.7454/jaki.v22i1.1973
Saeed, M., Zaini, M., & Karim, A. (2022). Borsa _ Istanbul Review The role of green finance in reducing CO 2 emissions : An empirical analysis. Borsa Istanbul Review, 22(1), 169–178. https://doi.org/10.1016/j.bir.2021.03.002
Vallejo, J. P., González, M. G., & Eduardo, L. (2024). Evaluating the Environmental Kuznets Curve : The Role of Renewable Energy , Economic Growth , Urban Density and Trade Openness on CO 2 Emissions . An Analysis for High-Income Countries Using the CS-ARDL Model. https://doi.org/10.32479/ijeep.16740.This
Wang, F., Zhou, X., & T. G. (2024). Can green funds improve corporate environmental , social , and governance performance ? Evidence from Chinese-listed companies. https://doi.org/10.1371/journal.pone.0301395
Wang, M., & Liu, Z. (2022). How Do Green Innovation Strategies Contribute to Firm Performance Under Supply Chain Risk ? Evidence From China ’ s Manufacturing Sector. 13(April), 1–11. https://doi.org/10.3389/fpsyg.2022.894766
Zhang, K. Q., Chen, H. H., Tang, L. Z., & Qiao, S. (2022). Green Finance , Innovation and the Energy-Environment-Climate Nexus. 10(May), 1–13. https://doi.org/10.3389/fenvs.2022.879681
Zhang, X., Wang, Z., Zhong, X., Yang, S., & Siddik, A. B. (2022). Do Green Banking Activities Improve the Banks ’ Environmental Performance ? The Mediating Effect of Green Financing. 1–18.
Zhang, Y., Shou, S., & Li, Y. (2024). Do green investments impact corporate green innovation ? empirical evidence from Chinese-listed companies. November, 1–14. https://doi.org/10.3389/fenvs.2024.1468843