WSEAS Transactions on Environment and Development
Print ISSN: 1790-5079, E-ISSN: 2224-3496
Volume 21, 2025
Systematic literature review of interconnection between Corporate Social Responsibility, Green/ Eco-innovation, and Performance
Author:
Abstract: Corporations and enterprises of different sizes are growing and evolving in many nations, but their impact is not only on the increasing economies but also on destroying all the natural resources and increasing the world's consumption and waste. In recent years there have been many issues concerning how companies should operate taking into consideration not only the corporate social responsibility but also the latest concepts about green/eco-innovation and their impact on the company performance, including financial performance, non-financial performance, and environmental performance. In this article, the author analyzes a total database downloaded from Scopus of 149 articles written by 389 authors, in 78 different journals, from 2011 – 2024 using the four keywords: "CRS, green innovation, eco-innovation, and performance”. The main purpose of this study is to summarize and analyze the three main questions which are “How are interconnected Corporate Social Responsibility, Green/Eco-innovation, and Performance?”, “What are the key findings in CSR, green/eco-innovation, and performance? “What were the common variables and methods used by authors to develop their research? The research discusses the current status and latest trends in CSR, green innovation, and performance. The titles and abstracts were manually scanned. Articles with missing data and unrelated to the research's main questions were deleted from the list. The final list examined by the author is 135 relevant journal articles. In conclusion, in major cases, CSR is strongly related to performance, by the mediator effect of green/eco-innovation.
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Keywords: Corporate Social Responsibility, Green innovation, Eco-innovation, Financial Performance, Non-financial performance, and Environmental performance
Pages: 353-373
DOI: 10.37394/232015.2025.21.32