The Impact of SDG12 on the Productivity of Firms and Consumption of Households

Alleah Samporna; Julius Patrick I. Buenabajo; Ma. Ella R Perez; Marie Antoinette L. Rosete

doi:10.11111/ujost.v1i2.83

Authors

Alleah S. Samporna University of Santo Tomas, Manila, Philippines
Julius Patrick I. Buenabajo University of Santo Tomas, Manila, Philippines
Ma. Ella R. Perez University of Santo Tomas, Manila, Philippines
Marie Antoinette L. Rosete University of Santo Tomas, Manila, Philippines

DOI:

https://doi.org/10.11111/ujost.v1i2.83

Keywords:

Sustainable development, SDG12, Energy Consumption, Food waste, Food loss, Domestic Material Consumption

Abstract

Responsible Production and Consumption have had considerable roles in sustainable development and how it affects economic growth for the countries. Moreover, inefficient consumption patterns of businesses lead to significantly large amounts of waste and excessive use of scarce natural resources. Meanwhile, irresponsible production may cause environmental degradation, resource shortages, and health risks. This article outlines the fundamental characteristics of sustainable consumption and production in achieving the Sustainable Development Agenda target of "Responsible consumption and production." Furthermore, this will present a comprehensive review of the literature on the Impacts of SDG 12 in promoting sustainable business practices, reducing food loss, and reducing environmental damage to preserve scarce natural resources. This research used a cross-sectional study coupled with simple linear regression and multiple regression analysis to measure the three indicators of SDG12 in Asian countries.

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