Systematic Literature Review: The Effect of Green Innovation and Carbon Emission Disclosure on Financial Performance Moderated by Gender Diversity

Niken Ardelia Zamrizal; Vivi Nurul Alfia; Nadia Puspita Sari

doi:10.30640/trending.v4i1.5528

Authors

Niken Ardelia Zamrizal Universitas Muhammadiyah Bengkulu
Vivi Nurul Alfia Universitas Muhammadiyah Bengkulu
Nadia Puspita Sari Universitas Muhammadiyah Bengkulu

DOI:

https://doi.org/10.30640/trending.v4i1.5528

Keywords:

Diversity, Emissions, Gender Diversity, Innovation, Sustainable Governance

Abstract

This study aims to examine the effect of green innovation and carbon emission disclosure on corporate financial performance, moderated by gender diversity on the board of directors. The method used is a Systematic Literature Review (SLR) with a qualitative approach that analyzes various empirical studies published in reputable international journals. The review process follows a structured protocol, including identification, screening, eligibility, and synthesis of relevant literature. The results indicate that green innovation and carbon emission disclosure have a positive effect on financial performance through improved operational efficiency, enhanced corporate reputation, regulatory compliance, and increased investor confidence. Furthermore, gender diversity on the board strengthens this relationship by encouraging more inclusive, ethical, and sustainability-oriented decision-making processes. Boards with higher female representation tend to be more sensitive to environmental and social issues, leading to more effective implementation of sustainability strategies. This study confirms that the integration of environmental responsibility and board diversity within corporate governance frameworks can serve as a strategic mechanism to achieve sustainable competitive advantage, long-term financial performance, and stronger corporate social legitimacy in an increasingly environmentally conscious business environment.

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