Pengaruh Penerapan Green Tax dan Kegiatan Social Responsibility Terhadap Environmentally Sustainable Development Pada Perusahaan Manufaktur

The issue of climate change related to carbon emissions has become an alarming global phenomenon. The manufacturing sector contributes significantly to global greenhouse gas emissions. Therefore, efforts to mitigate climate change through the implementation of green taxes and Social Responsibility Programs are important for manufacturing industry. This research aims to analyse the effect of implementing green tax and Social Responsibility Programs on environmentally sustainable development in manufacturing industry. A quantitative approach is used with the research object of manufacturing industry listed on the Indonesia Stock Exchange in 2020-2022. Analysed using Partial Least Square (PLS) method. The research results show that the implementation of green tax has a significant effect on environmentally sustainable development, while Social Responsibility Programs do not have a significant effect. These findings indicate that green tax policies are effective in encouraging companies to switch to more environmentally friendly business practices, but Social Responsibility Programs have not been fully integrated with environmental sustainability efforts. This research contributes to the literature related to fiscal policy instruments and corporate social responsibility practices in supporting environmentally sound sustainable development in the manufacturing sector.
KEYWORDS: Green tax; Social responsibility; Environmentally sustainable development; Manufacturing industry