Usages of Big Data Technological Innovations to Advance Sustainable Financial Management in Environmentally Conscious Businesses

Abstract

Big data technology is important for advancing sustainable financial management into an environmentally friendly and conscious business. This study aims to discover the intersection of sustainability, technology and finance and provide insight for businesses to integrate big data into their environmental strategies. By leveraging vast data, several companies can improve their practices of optimizing resource usage, ensuring compliance with environmental regulations, and improving the decision-making process. This paper evaluates the dynamic of applying big data innovation while promoting sustainability. The literature review part helps discuss the different factors of the studies, while the secondary methods evaluate the data collection process, which helps the study evaluate the research credibility. Big data not only aids in achieving an organisation's financial goals but also plays an important role in fostering a sustainable business environment. Big data technologies help examine the diverse forms of data sets beyond traditional data capabilities.