ESG-Factors and Responsible Investment in the Focus of Strategic Development

Author(s):  
Oksana Kirillova ◽  
Elena Zhukova

Achieving the sustainable development goals laid down in the national projects of the Russian Federation requires the formation of new strategic guidelines for companies. They can be most succinctly represented by the concept of ESG factors (environmental, social, managerial), which in turn are closely related to the concept of sustainable and responsible investment, which directly addresses financial issues in the light of global risks of climate degradation, ecology, and corporate governance. Revealing the essence, role and place of strategic management based on ESG factors, the authors justify the necessity and possibility of shifting the emphasis of the financial investment market towards responsible investment. The article discusses its main elements, the theory of the relationship of ESG factors with the financial performance of firms, driving the interests of investors, and provides approaches to investment that contribute to sustainable development in various ways.

Author(s):  
Débora de Macêdo Medeiros ◽  
Rodrigo Guimarães de Carvalho

Thinking about sustainable development is increasingly necessary for the continuity of all species in the biosphere. Over time, natural resources become scarcer, enabling conflicts and wars to be generated. Thus, this study aims to show the relevance of conservation units as territories that are necessary and supported by Law 9,985/2000 for the promotion of a sustainable culture in the country. But also, the aim was to prove the relationship of conservation units with the Sustainable Development Goals, proposed by the United Nations in 2015. For this study, the bibliographic and documentary research technique was used. At the end of the analysis, we can observe that the existence of conservation units and knowledge about them stimulates economic development linked to environmental care, facilitating the maintenance of social homeostasis and ecosystems. In addition to being directly linked to the SDGs and the concern for current and future generations.


2021 ◽  
Vol 128 ◽  
pp. 05015
Author(s):  
Ekaterina Fedorovna Shamaeva ◽  
Elena Sergeevna Surskova

The article is devoted to the analysis of the peculiarities of achieving the Sustainable Development Goals (SDGs) and its assessment at the national level. The Goals developed by the UN General Assembly in 2015 are a strategy to conserve economic and environmental resources, reduce inequality and meet the needs of population in the present and future realities. Importance of achieving the SDGs is due to the possibilities for improving the socio-economic situation in Russia. This paper focuses on the Sustainable Development Goal on achieving inclusive and equitable quality education and promoting lifelong learning opportunities for all (SDG4). The multilevel implementation of the Goals, as well as the complexity of its monitoring, form the need for a thorough analysis and development of approaches to assessing the SDG targets achievement. The article presents the dynamics of the Sustainable Development Goals, offers techniques for normalization and modeling the relationship of achieving the Sustainable Development Goals using correlation analysis and mentioning the methodology for constructing a regression model.


Author(s):  
Andrew Harmer ◽  
Jonathan Kennedy

This chapter explores the relationship between international development and global health. Contrary to the view that development implies ‘good change’, this chapter argues that the discourse of development masks the destructive and exploitative practices of wealthy countries at the expense of poorer ones. These practices, and the unregulated capitalist economic system that they are part of, have created massive inequalities between and within countries, and potentially catastrophic climate change. Both of these outcomes are detrimental to global health and the millennium development goals and sustainable development goals do not challenge these dynamics. While the Sustainable Development Goals acknowledge that inequality and climate change are serious threats to the future of humanity, they fail to address the economic system that created them. Notwithstanding, it is possible that the enormity and proximity of the threat posed by inequality and global warming will energise a counter movement to create what Kate Raworth terms ‘an ecologically safe and socially just space’ for the global population while there is still time.


Author(s):  
Nur Farhah Mahadi ◽  
Nor Razinah Mohd. Zain ◽  
Shamsuddeen Muhammad Ahmad

The purpose of this study is to explore the role of Islamic social finance towards realising financial inclusion in achieving nine of the seventeen goals of sustainable development goals (SDGs) which are SDG1, SDG2, SDG3, SDG4, SDG5, SDG8, SDG9, SDG10, and SDG17 in the 2030 agenda for SDGs, as propagated by United Nations Member States in 2015. Then, a critical analysis is made to explain the possible contribution of Islamic social finance in achieving financial inclusion which is aligned with SDGs that brings balanced to the physical, emotional, mental, and spiritual of the community in supporting overall economic growth which finally combats the economic impact of the COVID-19 pandemic. Further research and empirical studies can be conducted to explore the relationship between Islamic social finance, financial inclusion, and SDGs which in tandem with Maqᾱṣid al-Sharῑ῾ah to equip ourselves in unpredictable economic hiccups during COVID-19. The results may also motivate the financial industries to promote Islamic social finance products and corporate social responsibilities as well as enhance the development of Islamic social finance towards achieving financial inclusion in fulfilling SDGs which soon will provide significant social impacts as the results will enable new initiatives by industries and policy makers to develop Islamic social finance in attaining financial inclusion to achieve SDGs which is seen as being parallel with Maqᾱṣid al-Sharῑ῾ah especially in resolving economic issues of COVID-19.


2020 ◽  
Vol 10 (11) ◽  
pp. 339
Author(s):  
Matilde Lafuente-Lechuga ◽  
Javier Cifuentes-Faura ◽  
Úrsula Faura-Martínez

Higher education must include training in sustainability to make all actors aware of the serious problems our planet is facing. Mathematics plays an important role in the achievement of the Sustainable Development Goals (SDG) and at the same time these allow working with real situations in the subject of mathematics, providing the student with active learning. Sustainability is used to make the student see the usefulness of mathematics while instilling values and attitudes towards it. A set of problems have been raised during the academic year that are solved with the developed mathematical techniques, and through a survey, the students’ perceptions about the usefulness of mathematics to reach the goals established in the SDG has been evaluated. The results show that, regardless of the student’s gender, the student’s assessment of the usefulness of this subject in solving real problems improved. It has been observed that this teaching methodology has helped to motivate students and even those who do not like this subject have improved their appreciation of it.


2019 ◽  
Vol 11 (12) ◽  
pp. 3406 ◽  
Author(s):  
Iván De la Vega ◽  
José Manuel Puente ◽  
Magaly Sanchez R

The purpose of the study is to examine the longitudinal trajectories of five selected South American countries in the period between 1990 and 2018, applying the Quintuple Helix Innovation Model (QHIM). The aim is to analyse the trends of each country through the relationship of its helices using indicators extracted from an international database in order to establish their articulation and synergies to go in search of sustainable development. Within this dynamic, Venezuela represents the axis country of the study and Argentina, Chile, Colombia, and Peru make up the group that allows the comparison. The research focuses attention on two periods of Venezuelan politics since they allow measuring the variations of the countries under study. The base year is 1996 and is called the pre-Hugo Chávez Frias (HCF) period; the cutoff year for the comparison is 2014 and is called the post-HCF period. The study is longitudinal and descriptive. For the analysis, the five knowledge subsystems (helices) of the QHIM were redefined in order to have precise concepts; a database was designed based on World Bank indicators that were later thematically related to each of the helices. The interrelationships between the helices of each country were also specified in order to determine which were the weakest and which had the most positive or negative influence. In order to calculate the percentage variation of the countries, the Data Envelopment Analysis (DEA) method was applied. In this sense, the most relevant finding is related to the decisions made in the last twenty years from the political helix in Venezuela because it deactivated and disarticulated the others, causing that country to collapse.


2019 ◽  
Vol 12 (1) ◽  
pp. 51 ◽  
Author(s):  
Beatriz Rodríguez-Díaz ◽  
Juan Ignacio Pulido-Fernández

The aim of this study is to analyze the relationship between sustainability and tourism competitiveness and potential differences in these parameters between geographical regions. The Travel and Tourism Competitiveness Index (TTCI) of the World Economic Forum is most commonly used to measure tourism competitiveness, however, this index has been criticized by some academics. We propose a synthetic indicator (Imα) using the multicriteria double reference point method, which can measure tourism competitiveness more accurately by applying different degrees of substitutability among pillars. The Sustainable Development Index (SDG Index) frames the implementation of Sustainable Development Goals and was used to analyze sustainability data. The new tourism competitiveness index (Imα) was obtained at both the global and regional level. It is important to note that some countries have a different ranking in the regional and global tourism competitiveness indexes, which shows a different behaviors among regions. The relationship between sustainability and tourism competitiveness is positive in all the analyses performed, though it is stronger when calculated without allowing substitutability, especially when considering the regional index. These trends show the value of this regional study of tourism competitiveness, because in addition to helping managers develop strategies to improve tourism competitiveness, it allows them to know the effect that these strategies will have on sustainability.


2017 ◽  
Vol 18 (2) ◽  
pp. 76-94
Author(s):  
Rivan Destyanugraha ◽  
Robert Kurniawan

Maternal Mortality Rate (MMR) is one of the important indicators of a country's health development and is one of the targets of achieving Sustainable Development Goals (SDGs). This study aims to develop a model on the relationship of MMR with provincial health development variables using the Geographically Weighted Poisson Regression (GWPR) method; as well as mapping the model to the provincial map. Estimation of model parameters using PODES data for 2011 and the projected health and projection profile of 2010-2013. The obtained model consists of four variables that influence the number of maternal deaths: (1)  the ratio of health facilities, (2) the ratio of midwives, (3) the percentage of deliveries assisted by health personnel, and (4) the percentage of pregnant women received Fe tablets. The mapping of the four variables into the provincial map yields three groups of regions with different levels of significance of variables. The AIC value and the GWPR model deviance are lower than Poisson regression, indicated that the AKI model with GWPR is better than Poisson regression.   Angka Kematian Ibu (AKI) merupakan salah satu indikator penting pembangunan kesehatan suatu negara danmenjadi salah satu target pencapaian Sustainable Development Goals (SDGs). Penelitian ini bertujuan menyusun model hubungan AKI dengan variabel-variabel pembangunan kesehatan provinsi menggunakan metode Geographically Weighted Poisson Regression (GWPR) dan memetakan model tersebut kedalam peta provinsi. Estimasi parameter model menggunakan data PODES tahun 2011 dan profil kesehatan dan proyeksi penduduk tahun 2010-2013. Model yang diperoleh terdiri dari empat variabel yang mempengaruhi jumlah kematian ibu yaitu rasio sarana kesehatan, rasio bidan, persentase persalinan ditolong tenaga kesehatan, dan persentase ibu hamil mendapat tablet Fe. Pemetaan empat variabel tersebut ke dalam peta provinsi menghasilkan tiga kelompok wilayah dengan tingkat signifikansi variabel yang berbeda-beda. Nilai AIC dan deviance model GWPR lebih rendah dari regresi Poisson menunjukkan bahwa model AKI dengan GWPR lebih baikdari regresi Poisson.


2020 ◽  
Vol 4 (4) ◽  
pp. 69-95
Author(s):  
Renske Jongsma ◽  
Bart Jan (Bartjan) Pennink

Aim: Building upon stakeholder and institutional theory, this paper investigates the relationship between product diversification and corporate social performance (CSP), thereby attempting to make essential contributions to the current literature. Based on an extensive literature review, it was expected that related, unrelated and total product diversification are positively related to CSP. Moreover, it was hypothesized that the exposure to weak institutional host country environments negatively affects the relationship between diversification and CSP, and that the Sustainable Development Goals (SDGs) have a positive effect on the relationship. Design / Research methods: The sample selected for this research is the non-renewable energy industry, since the industry shows great divergence in terms of corporate social responsibility (CSR) performance. In addition, the industry is highly susceptible to regulatory changes, while the Sustainable Development Goals have an enormous focus on the reliability and sustainability of energy, making it a highly relevant industry to study. This study analyzed 40 a 40 non-renewable energy firms over a time frame of seven years, by using OLS regression. Conclusions / findings: The results reveal that unrelated diversification is positively related to CSP, while the other forms of diversification show insignificant results. Contrary to expectations, the Sustainable Development Goals negatively affect the relationship between product diversification and CSP, while the moderating effect of exposure to weak institutional environments is insignificant. Originality / value of the article: Research on the relationship between product diversification on corporate financial performance is well-established, but the way in which product diversification influences a firm’s behavior towards stakeholder demands and social concerns remains largely unexplored. Accordingly, the results of this study challenge existing theories while adding more context to the existing relationship, and in turn provide promising avenues for future research.


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