Page 452 - Ebook HTKH 2024

develop their strategies concerning GPM to create a greening sense among the
employees to achieve SGEG (Dzwigol, 2022).

Green compensation and rewards (GC&R) are the most influential practices to
support environmental management practices to achieve goals of developing sustainably
(Jackson et al., 2011). GC&R are defined as the establishment of financial and non-
financial rewards systems for the employees with the capabilities to handle
environmental management. Practically, GC&R are the powerful instruments used to
link individuals’ interests with organizations’ goals (Li, 2022).
2.2.2. Sustainable green economic growth
The concept of sustainable green economic growth (SGEG) requires

organizations’ commitments to their employees and to the community through the
implementation of GHRM (Wirtenberg, et. al., 2007). This greatly relied on the
activities and processes applied to identify different SGEG’s aspects like green
economy, green economic growth and sustainable green economic growth.
Green economy is defined as the one that enhances human well-being, and
minimizes inequalities and ecological risks. In addition, Barbier (2013) proposes

gauging green development by the efficiency of natural resource use and environmental
quality. In other words, the green economy is estimated by three groups of indicators:
environmental (climate change, ecosystem management, the efficiency of resource use
and waste management), policies (green investment, green taxes, green fiscal policy,
carbon price, green education and green procurement) and well-being and inequality
(employment, access to resources, health, human capital and natural capital) (Dzwigol,
2022).

Green Economic Growth is a strategic approach to promote green economic
growth aimed at shaping the established economic processes according to ecological
principles and creating additional opportunities for employment and income generation
while minimizing the impact on the environment. Green economic growth aims at
maximizing the efficiency of input resources (labor, capital and land) while
simultaneously decreasing the negative impact on nature (Adamowicz, 2022).

Sustainable green economic growth (SGEG) can be interpreted as a concept of
economic development with a green environmental perspective, aiming to create a green
economy’s sustainability in the context of restoring environmental pollution and
sustainable ecological balance (Feldman, et al., 2016). SGEG requires that a country's
economic growth should be reoriented towards ‘green’ economic development.
Zhong (2021) confirms that SGEG stimulates a country's social, ecological and
economic development. According to Kharazishvili (2021), green economic growth is
an integrated output of using labor, capital, energy and land. Consequently, SGEG aims

at maximizing the efficiency of input resources (labor, capital and land) while
simultaneously decreasing the negative impacts on nature.
2.2.3. Green human resource management practices and SGEG
All organizations’ success and growth depend on human resources’ efficiency and
sustainability. In fact, organizations that apply green activities can increase green

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