In recent decades, substantial progress and expansion in the literature on Green Innovation Performance (GIP) has been made. This phenomenon broadens its effectiveness in addressing ecological challenges and significantly contributes to developing sustainable products and processes. The primary aim of this article is to provide a comprehensive examination of GIP approaches and to do a systematic literature review (SLR) to assess relevant articles. A bibliometric study is conducted. The search was performed using various keywords in the Scopus database. The discovered records were digitized and improved, resulting in a total of 69 documents. A study has been undertaken using the Biblioshiny web app to examine famous authors, significant journals, contributing institutions, and the most often-used terms in titles and keywords. This study examines the phenomenon of Green Product Innovation (GPI), Green Process Innovation (GPcI), and Green Competitive Advantages (GCA) inside manufacturing firms. The analysis includes the period from 2002 to 2022. The articles were classified based on their specific study domains, including many organizations. This research specifically focuses on the relationship between GIP and GCA, using a limited number of research papers as the basis for analysis. An evaluation of innovation's impact within the same field of study might be interesting. Instead of concentrating on the Scopus database scenario of this research, scholars may also need to use various keywords to examine other databases. The study concluded that the journals with the highest frequency of GIP and GCA-related publications were Sustainability (Switzerland), the International Journal of Supply Chain Management, and the Journal of Cleaner Production. The density mapping of the co-authoring network of researchers was conducted using the VOS viewer software. This study provides recommendations and discourse on prospective methods for future research. Universities, organizations, and business entities might get significant advantages by using these essential assessments for research.