Enhancing Company Performance through the Integration of Carbon Management Strategies: Evidence from Food and Beverage Companies

This research aims to examine how the integration of corporate carbon strategies can impact company performance, particularly in terms of sales growth and profitability.Through the analysis of sustainability reports and integrated reports from Indonesian Food and Beverage companies listed on the Indonesian Stock Exchange (IDX), the results reveal a positive correlation between the adoption of carbon management strategies and increases in both sales growth and profits.The findings suggest that implementing carbon management strategies to reduce corporate greenhouse gas emissions is linked to enhanced sales growth and profitability.This study can contribute to answering the question posed by researchers and the business community regarding whether it pays to be environmentally responsible within a company.Additionally, this research formulates a framework for carbon management practices and provides an overview of carbon strategy adoption in Indonesian Food and Beverage companies.Furthermore, it summarizes benchmarked practices from leading global companies in integrating their carbon management strategies into their core business operations.It is expected that this framework can assist practitioners and corporate managers in facilitating their company's transition to adopt net-zero emissions goal.