scholarly journals THE MANAGEMENT OF SUSTAINABLE DEVELOPMENT AS PERMANENT STRATEGY OF SUSTAINABLE DEVELOPMENT

2021 ◽  
Vol 9 (1) ◽  
pp. 109-119
Author(s):  
Jovana Radulović ◽  
Ivana Erić ◽  
Marko Vučičević
Keyword(s):  
Sustainable Development ◽  
Social Impact ◽  
Influential Factors ◽  
Business Success ◽  
Global Improvement ◽  
Business Results ◽  
Business Agility ◽  
Green Business ◽  
Modern Business ◽  
Contemporary Management

A firm’s competitiveness in markets is not any more valued only by profit and other aspects of business results, but also by the ability for change. Unavoidable business transformation means adjustment. Features of the strong modern economy are economic sustainability and development. Business perspective focused on financial goals as the only one result, today is considered as too conservative and not flexible enough for actual market’s requests - which are not anymore ruled by rigid supply/demand relation, yet the focus of business success is exceeding, to fields of renewability, sustainability, circular economy patterns so as changes prediction. While external and inner business – influential factors have been known since forever, still, a contemporary business entity is today recognized more as an ecosystem. Since the 50s of the XX century, the modern business agility of an enterprise is constantly in process of development, improvement, and valorization via three central factors for surveying sustainability and social impact: environmental, social, and corporate governance (ESG). Strictly corporately focused firm ambition is seen as indispensable overcoming, because no matter how much international or global is the nature of business – right now business sphere is irreversibly and with purpose in the process of transformation into the green business. This process means rationalization of its production, but not a rationalization of its productivity too, because the business plan is not presenting just the firm’s ID anymore, but the social effect, economic efforts, and ecological enthusiasm of its management for global improvement of life. In 2008. year, all firms which did not adjust their business with upper mentioned modern aspects didn’t make it, while the 2020 year brings new challenges to contemporary management in way of business politics, crucial business factors, and business trends implementation.

scholarly journals Harmonization of Green Motives and Green Business Strategies towards Sustainable Development of Hospitality and Tourism Industry: Green Environmental Policies

2021 ◽  
Vol 13 (12) ◽  
pp. 6592
Author(s):  
Zahid Yousaf ◽  
Magdalena Radulescu ◽  
Crenguta Ileana Sinisi ◽  
Luminita Serbanescu ◽  
Loredana Maria Paunescu
Keyword(s):  
Sustainable Development ◽  
Structural Equation ◽  
Hotel Industry ◽  
Equation Model ◽  
Tourism Industry ◽  
Business Strategies ◽  
Mediating Role ◽  
Green Business ◽  
Hospitality And Tourism Industry

This study aims to investigate the direct impact of green motives (GM) and green business strategies (GBS) on sustainable development (SD) in the hospitality sector. It explores the direct links between GM and SD. Moreover, the mediating role of GBS between GM and SD was tested. The research relies on the stakeholders’ theory, which states that the organization’s success and future development depends on the satisfaction of stakeholders. Data were collected from 451 top managers and owners from 54 hotels (5, 4 and 3-star hotels) operating in Pakistan. Quantitative analysis including correlation, regression, confirmatory factor analysis and structural equation model techniques were used. The mediating role of GBS was assessed using the bootstrapping method. Results proved that GM and GBS enable hotel industry to achieve the targets of SD. Finding also proved that GBS act as a mediator between the GM and SD link. The hotel industry needs attention to achieve the targets of SD and customers’ inclination towards more hygienic and environmental issues after the worldwide COVID-19 pandemic situation has forced the hotel industry to adapt GBS initiated through GM. The current research articulated this upcoming issue and offered a SD model for the hotel industry.

Environmental Responsibility In The Development Of Green Entrepreneurship

2021 ◽  
Vol 38 (4) ◽  
Author(s):  
Antonina Bobkova ◽  
Natalya Andryeyeva ◽  
Liudmyla Verbivska ◽  
Valentyna Kozlovtseva ◽  
Viktoriia Velychko
Keyword(s):  
Sustainable Development ◽  
Local Governments ◽  
Environmental Problems ◽  
Environmental Management System ◽  
The State ◽  
Environmental Taxes ◽  
Environmental Responsibility ◽  
Ecological Responsibility ◽  
Green Business ◽  
Green Entrepreneurship

The purpose of this study is to determine the main directions of development of green entrepreneurship on the basis of environmental responsibility. The relevance of this study is due to the need to identify the main directions of green business development to solve environmental problems, based on the basic principles of environmental responsibility. It is believed that environmental responsibility is the basic basis for the formation of socially responsible green entrepreneurship, whose mission is environmental improvement on the basis of sustainable development. It is established thatit is expedient to consider ecological responsibility on levels (the state, the enterprises, the public).As the experience of successful companies shows, environmental responsibility can be integrated into the value and business of the company.The analysis revealed the main tools to stimulate green entrepreneurship: environmental taxes, "green" investments, instruments of stimulating influence on green entrepreneurship. It is established that in Ukraine the main responsibility for the implementation of sustainable development lies with the state and enterprises. The research revealed shortcomings in the organization of supervision measures and control over the targeted use of funds for the implementation of environmental programs. Also the imperfection of the regulatory framework, the inefficiency of the accounting, reporting and monitoring system, the ineffectiveness of measuresmonitoring the results of each project within a specific program to solve environmental problems. It is established that local governments and enterprises are two important participants in the environmental management system in Ukraine. Therefore, it is important to regulate environmental responsibility at the national, including regional, and corporate levels.

Employee engagement creates a brighter economic future at Jupiter Hotels

2014 ◽  
Vol 13 (2) ◽  
pp. 81-85 ◽  
Author(s):  
Gary Cattermole ◽  
Jaime Johnson ◽  
Diane Jackson
Keyword(s):  
Employee Engagement ◽  
Best Practice ◽  
Major Change ◽  
Business Success ◽  
Content Type ◽  
Business Results ◽  
Time Period ◽  
Hr Managers ◽  
Economic Future

Purpose – This paper seeks to address the role and impact of employee engagement within an organization that has undergone major change. It looks at the issues of how to monitor and increase levels of staff engagement over time to deliver business results. Design/methodology/approach – It draws on six-monthly employee engagement surveys and a case study to illustrate how HR can drive and monitor change through employee engagement. Findings – This paper follows a company through economic uncertainty to major organizational change and examines how the role of engagement and monitoring can drive business success. Research limitations/implications – The case study only looks at the issues over an 18 month time period. Originality/value – This paper illustrates how an HR department can build employee engagement to drive the business forward. The case study offers best practice material for HR managers.

scholarly journals Does Indigenous Knowledge Occur in and Influence Impact Assessment Reports? Exploring Consultation Remarks in Three Cases of Mining Projects in Greenland

2019 ◽  
Vol 10 (0) ◽  
pp. 165
Author(s):  
Parnuna Petrina Egede Dahl ◽  
Anne Merrild Hansen
Keyword(s):  
Sustainable Development ◽  
Impact Assessment ◽  
Indigenous Knowledge ◽  
Social Impact ◽  
Indigenous Communities ◽  
Assessment Process ◽  
Final Report ◽  
Local Environments ◽  
Adaptive Processes ◽  
Mining Projects

Mineral extraction is pursued in Greenland to strengthen the national economy. In order that new industries promote sustainable development, environmental impact assessments and social impact assessments are legally required and undertaken by companies prior to license approval to inform decision-making. Knowledge systems in Arctic indigenous communities have evolved through adaptive processes over generations, and indigenous knowledge (IK) is considered a great source of information on local environments and related ecosystem services. In Greenland the Inuit are in the majority, and Greenlanders are still considered indigenous. The Inuit Circumpolar Council stresses that utilizing IK is highly relevant in the Greenland context. Impact assessment processes involve stakeholder engagement and public participation, and hence offer arenas for potential knowledge sharing and thereby the utilization of IK. Based on the assumption that IK is a valuable knowledge resource, which can supplement and improve impact assessments in Greenland thus supporting sustainable development, this paper presents an investigation of how IK is utilized in the last stages of an impact assessment process when the final report is subject to a hearing in three recent mining projects in Greenland.

scholarly journals Open Education for a Better World: A Mentoring Programme Fostering Design and Reuse of Open Educational Resources for Sustainable Development Goals

Open Praxis ◽  
2019 ◽  
Vol 11 (4) ◽  
pp. 409 ◽  
Author(s):  
Tanja Urbančič ◽  
Anja Polajnar ◽  
Mitja Jermol
Keyword(s):  
Sustainable Development ◽  
Social Impact ◽  
Sustainable Development Goals ◽  
Impact Analysis ◽  
Open Educational Resources ◽  
Educational Resources ◽  
Open Education ◽  
Online Mentoring ◽  
Educational Materials ◽  
Development Goals

An international online mentoring programme Open Education for a Better World (OE4BW) has been developed to unlock the potential of open education in achieving the UN Sustainable Development Goals. The programme provides an innovative approach to building Open Educational Resources, connecting developers of educational materials with experts volunteering as mentors. The model of the programme has been carefully designed and tested in two subsequent implementations in years 2018 and 2019. Results have proved the model to be useful for building capacities in open education, while producing concrete educational materials with great potential for social impact. Analysis of results has been used to suggest further improvements needed for enabling the program to be used on an even larger scale. The paper presents the development of the OE4BW model, its main characteristics, implementation results and guidelines for the future.

scholarly journals Geographical Distribution and Modeling of the Impact of Women Driving Cars on the Sustainable Development of Saudi Arabia

2021 ◽  
Vol 13 (17) ◽  
pp. 9941
Author(s):  
Najah Al-Garawi ◽  
Ismail Anil
Keyword(s):  
Sustainable Development ◽  
Saudi Arabia ◽  
Economic Impact ◽  
Geographical Distribution ◽  
Public Perception ◽  
Online Survey ◽  
Social Impact ◽  
Well Being ◽  
The Sustainable Development ◽  
The Impact

Background: This work investigated attitudes and public perception regarding the impact of allowing women to drive on social, environmental, and economic aspects of the sustainable development in the Kingdom of Saudi Arabia (KSA). The study includes the perspectives of both women and men towards the potential implications of this decree on society in general and women’s well-being in particular. Methods: The methodology consisted of an online survey that was conducted before and after the decree was activated in 2017, where 62,065 individuals participated from thirteen provinces of the KSA. Geographic information systems (GISs) and statistical methods were applied to the obtained datasets to examine the geographical distribution and modeling of the effect of women driving on sustainable development of the KSA. Results: The results show that the attitudes towards allowing women to drive are geographically and statistically diverse. The study revealed that the economic impact of women driving was the highest significance, especially in increasing employment opportunities for women and decreasing household travel expenses for women. Conclusion: Overall, 70.4% of respondents agreed that women driving will positively affect the sustainable development of the KSA in terms of social and economic impact. The study also revealed that geographic location is one of the dominating factors on the attitudes towards the social impact of women driving within 95% confidence interval. Additionally, participants strongly believe (with an agreement rate of 85.1%) that Saudi women driving will improve economic development and the female job market.

scholarly journals A Framework for Assessing the Social and Economic Impact of Sustainable Investments

2016 ◽  
Vol 7 (3) ◽  
pp. 79-86 ◽  
Author(s):  
Minna Räikkönen ◽  
Susanna Kunttu ◽  
Teuvo Uusitalo ◽  
Josu Takala ◽  
Shah Rukh Shakeel ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Case Studies ◽  
Affordable Housing ◽  
Social Impact ◽  
The Sustainable Development ◽  
The Social ◽  
New Construction ◽  
Long Term Impact ◽  
Sustainable Investments

Abstract Investments towards sustainable development are vital for the future and they must be carefully planned to deliver immediate and long-term benefits. Hence, the ability to communicate the forms of impact of sustainable investments to local societies, people, investors and other stakeholders can provide a competitive advantage. However, the assessments are often under pressure to demonstrate short-term effects rather than emphasise the long-term impact. In addition, indirect and intangible forms of impacts should not be measured solely in economic terms. This paper proposes an assessment framework to support the integrated economic and social impact assessment of sustainable investments aimed at improving physical and socio-economic wellbeing. The framework is demonstrated in two case studies: new construction and renovation investments in affordable housing and social impact investment in sustainable development. The investments in the case studies are evaluated, selected and prioritized not only in terms of money but also with regard to sustainability, social acceptability and their overall impact on society, as a whole. The results indicate that a systematic integrated assessment of monetary and non-monetary factors can be successfully combined with the sustainable development decisions.

Green Business in the Context of the Sustainable Development

2020 ◽  
pp. 507-518
Author(s):  
Paulo Guilherme Fuchs ◽  
Carlos Eduardo Raulino ◽  
José Baltazar Osório Salgueirinho de Andrade Guerra
Keyword(s):  
Sustainable Development ◽  
The Sustainable Development ◽  
Green Business

Social Capital Accounting

2019 ◽  
pp. 107-146
Author(s):  
John P. Wilson ◽  
Sonal Choudhary
Keyword(s):  
Social Capital ◽  
Sustainable Development ◽  
Supply Chain ◽  
United Nations ◽  
Social Impact ◽  
Natural Capital ◽  
Large Majority ◽  
The Social ◽  
12 Steps ◽  
Development Goals

Sustainability accounting has become a mainstream practice for a large majority of S&P500 companies, and this reflects global society's increasing interest and concern around sustainability issues. In particular, the United Nations published its “Transforming Our World: The 2030 Agenda for Sustainable Development,” and 193 countries signed up to achieving the 17 Sustainable Development Goals (SDGs) and 169 associated targets. The UN also called upon companies to help this process across their supply chains and developed a natural capital protocol for assessing and valuing environmental areas and a social capital protocol (SCP) for assessing and valuing human and societal capital such as skills, knowledge, wellbeing, shared values, and institutions. This chapter systematically investigates each of the 12 steps of the social capital protocol and identifies a range of benefits and substantial challenges which companies will face if they wish to account for their social impact across the supply chain.

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