ENVIRONMENTAL SUSTAINABILITY: A STRATEGY IN MULTINATIONAL MANUFACTURING FIRMS AND PANACEA FOR OPERATIONAL EFFICIENCY IN RWANDA.
DOI:
https://doi.org/10.53555/env.v1i1.1127Keywords:
Efficiency, Environment, Firm, Multinational, Manufacturing, Operations, Sustainability, StrategyAbstract
Environmental sustainability is a current issue in financial reporting worldwide and it is an important factor to consider for the business continuity and growth. The objective of this study was to examine the effect of environmental sustainability on multinational manufacturing operational efficiency in Rwanda. The survey design was used to collect primary data which helped in gathering the respondents views on the employment health and safety, environmental protection mechanisms, and corporate social responsibility responsiveness by three multinational manufacturing firms. The multiple regression analysis was performed and the statistical evidence has demonstrated that employment health and safety, environmental protection, and CSR have positive and significant effect on multinational manufacturing operational efficiency in Rwanda. The study recommended that manufacturing firms in Rwanda should implement the environmental protections measures so that the external environmental issues should be addressed especially in terms of air pollution, waste disposal, reduction of Co2 and even land or soil used.
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