Sustainable Business Strategies in a Digital Economy: Aligning Growth with Ethical Practices

Authors

  • Encep Sopandi Universitas Nurtanio Bandung Author
  • Sugeng Hariadi Universitas Surabaya Author
  • Steify Mariane E.W. Sepang Unika De La Salle Manado Author
  • Nana Nofianti Univeristas Sultan Ageng Tirtayasa Author
  • Alfida Aziz UPN Veteran Jakarta Author

DOI:

https://doi.org/10.59613/ztfg1363

Abstract

This study explores the intersection of sustainable business strategies and the digital economy, emphasizing the alignment between growth and ethical practices. Using a qualitative approach, the research relies on literature review and library research to analyze how businesses integrate sustainability into their digital operations. The digital economy presents unprecedented opportunities for growth, but it also poses challenges related to environmental impact, data privacy, and social responsibility. This paper investigates the role of digital transformation in fostering sustainable innovation, improving resource efficiency, and promoting ethical governance. Key findings highlight the importance of adopting circular economy principles, leveraging big data for sustainability insights, and fostering stakeholder engagement through transparent communication. The study also identifies barriers to implementing sustainable practices, such as technological constraints and resistance to change, providing recommendations for overcoming these obstacles. Ultimately, the paper concludes that aligning digital growth with ethical sustainability is essential for long-term business resilience and societal progress. The insights derived from this research offer valuable guidance for policymakers, industry leaders, and academics in shaping a more sustainable digital future.

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Published

2024-12-27