Carbon Reduction and Sustainable Investment: A Way to Sustainable Development

When the resources of a focal organization are limited, strengthening the capability of sustainable performance by building up an ecosystem through cooperation is a good choice. When venture capital firms invest in sustainable projects, due to the non-rival and non-exclusive features of sustainable projects, venture capital firms that have built up the cooperation ecosystem can invite more investors to join the sustainable projects. This article analyzes what factors venture capital firms take into consideration when building relations to nurture sustainable investment ecosystems. The quadratic assignment procedure (QAP) method is used to explore how Chinese venture capital firms build up the syndication ecosystems. We conclude that very dominant venture capital firms like to cooperate with venture capital firms that have brokerage benefits and proper positions in the cluster to gain sustainable development. This article indicates that venture capital firms can build up syndication ecosystems by obtaining opportunities from indirect ties.

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Sustainable Investment: Mobilizing Financial Capital for Sustainable Development

Encyclopedia of the UN Sustainable Development Goals ◽

10.1007/978-3-319-95867-5_41 ◽

2020 ◽

pp. 1006-1014

Author(s):

Joakim Sandberg ◽

David Rönnegard

Keyword(s):

Sustainable Development ◽

Financial Capital ◽

Sustainable Investment

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A Study on Near Real-Time Carbon Emission of Roads in Urban Agglomeration of China to Improve Sustainable Development under the Impact of COVID-19 Pandemic

Sustainability ◽

10.3390/su14010385 ◽

2021 ◽

Vol 14 (1) ◽

pp. 385

Author(s):

Gengyuan Liu ◽

Zining Huang ◽

Yuan Gao ◽

Mingwan Wu ◽

Chang Liu ◽

...

Keyword(s):

Sustainable Development ◽

Carbon Emissions ◽

Carbon Emission ◽

Rapid Evaluation ◽

Carbon Reduction ◽

The Road ◽

Average Change ◽

Reduction Effect ◽

The Impact ◽

The City

In order to achieve the goal of carbon neutrality and explore the impact of COVID-19 on urban road carbon emission, this study applied and improved a near real-time road carbon emission estimation method for typical Chinese urban agglomeration to improve the rapid evaluation of sustainable development. As a result, we recorded the daily road carbon emission for 12 cities in the Beijing–Tianjin–Hebei (JJJ) region under the impact of the epidemic, exploring the road carbon reduction effect caused by COVID-19. Singular value decomposition method was used to analyze the temporal and spatial characteristics of road carbon emission changes among cities and to explore the urban resilience oriented to public events. The results show: (1) In the JJJ region, the carbon reduction effect caused by COVID-19 is significant, but it lasted for a short time. In the three periods—before the epidemic, strict lockdown period, and post-lockdown period for prevention and control—the total daily road carbon emissions in the 12 cities were 170,000–190,000 tons, 90,000–110,000 tons, and 160,000–180,000 tons, respectively. (2) Cities in the JJJ region showed different road carbon reduction potential under short-term administrative control. During the “strict lockdown period” (23 January–25 February 2020), the average change rate of road carbon emissions in Beijing was −78.72%, which had great potential for reduction. However, the average change rates of Xingtai and Zhangjiakou were only −7.53% and −8.66%, respectively. (3) There are spatiotemporal differences in carbon emissions of urban roads in the JJJ region under the impact of the epidemic. During the gradual reduction of COVID-19 restrictions, great differences between cities on weekends and holidays arise, showing the road carbon emissions in Beijing on weekends and holidays are far lower than that in other cities. (4) In the face of public emergencies, the larger the city is and the more complex the function of the city is, the more difficult for the city is to maintain a steady state. This study not only provides an idea for the dynamic monitoring of urban carbon emissions to improve the rapid evaluation of urban sustainable development in post- and pre-lockdown but also fills the gap in the research on the differences in the response of cities to sudden security incidents from the perspective of road carbon emissions.

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The Challenges of the VUCA World in the Development of Sustainable Investment Projects

MANAGEMENT AND ECONOMICS REVIEW ◽

10.24818/mer/2021.12-04 ◽

2021 ◽

Vol 6 (2) ◽

pp. 193-204

Keyword(s):

Sustainable Development ◽

Great Influence ◽

Business Environment ◽

Systematic Analysis ◽

The Sustainable Development ◽

Investment Projects ◽

Financial Benefits ◽

Sustainable Investment ◽

The Impact ◽

The Way

The volatility, uncertainty, complexity and ambiguity (VUCA) of the business environment require that investment projects carried out within organizations also include sustainability aspects, in order to maintain a superior competitive position. Investors as well as other stakeholders from organizations are more inclined to companies that implement sustainable investment projects compared to traditional ones for which only profit and financial benefits matter. Thus, the purpose of this paper is to reveal how the rapid and often unfounded changes specific to today's world, the VUCA world influences the way that projects are carried out within organizations. Particular attention was also paid to the way in which organizations implement project-specific activities and sub-activities, in order to ensure sustainable development, even in a crisis situation. In order to achieve these objectives, a bibliometric and systematic analysis of the specialized literature was carried out, analyzing the present studies and articles from the area, that revealed the influence of the VUCA world on the business environment. Thus, this paper aims to present how the VUCA world affects organizations, the effects that complex and rapid organizational changes specific to the VUCA world have on the sustainability of investment projects, the impact of crises of the sustainable development on organizations, the implications of the VUCA world on strategies organizations. Following the analyzes carried out, the results showed that the elements specific to the VUCA world have a great influence on the sustainable development of organizations and, implicitly, on the projects carried out within it.

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Corporate governance and carbon transparency: Australian experience

Accounting Research Journal ◽

10.1108/arj-12-2015-0153 ◽

2018 ◽

Vol 31 (3) ◽

pp. 405-422 ◽

Cited By ~ 4

Author(s):

Jibriel Elsayih ◽

Qingliang Tang ◽

Yi-Chen Lan

Keyword(s):

Sustainable Development ◽

Corporate Governance ◽

Corporate Strategy ◽

Ordinary Least Squares ◽

Board Diversity ◽

Content Type ◽

Carbon Reduction ◽

Corporate Executives ◽

Australian Experience

Purpose The purpose of this paper is to explore the association between corporate governance (CG) mechanisms and the extensiveness of carbon disclosure. Design/methodology/approach This paper uses Ordinary Least Squares (OLS) regression model with data from 2009 to 2012 for largest Australian companies that voluntarily disclose their information to the carbon disclosure project. Findings The authors find that board independence, board diversity and managerial ownership are significantly correlated with the degree of carbon transparency, while the existence of environmental committee is not. Practical implications The findings of this paper should be useful for government and capital market regulators who concern the quality of CG and carbon actions. First, the evidence in this paper suggests that current CG practice that emphasize board diversity and independence seems encouraging an environment friendly decision and adopt carbon reduction initiatives. Second, however, the current version of CG codes need more stress on none financial goals that should help corporate executives to balance value enhancement vis-à-vis ecosystem protection. Finally, another implication for policy-makers is CG should be re-structured so as to motivate firms to pursue long-term sustainable development instead of taking short-sight view of firm performance. Originality/value This paper contributes in the increasing body of literature indicating that CG encourages a proactive corporate strategy in general and carbon disclosure in particular. The authors add new empirical evidence which has policy implication that CG should be improved so as to encourage executives to engage in more sustainable development and stakeholder long-term value protection.

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Environmental Consciousness in Local Sustainable Development: A Case Study of the Anti-Idling Policy in Taiwan

Sustainability ◽

10.3390/su11164442 ◽

2019 ◽

Vol 11 (16) ◽

pp. 4442

Author(s):

Ma ◽

Chang

Keyword(s):

Sustainable Development ◽

Energy Savings ◽

Intersectoral Collaboration ◽

Public Value ◽

Carbon Reduction ◽

The Public ◽

Value Perception ◽

The City ◽

Local Sustainable Development

To address the increasing impact of global warming, Taiwan has devised a variety of activities to promote energy savings and carbon reduction. Although the city of Tainan was the first in Asia to enforce an anti-idling policy, the intersection between public value creation and local sustainable development has not yet been analyzed. Hence, this article explores the anti-idling policy in Tainan through the lens of social judgment theory (SJT). It also considers criteria related to the core values of environmental, economic, and social sustainability to understand the public values held by stakeholders in Tainan. The results of this article illustrate and dismantle the differences between several groups’ understanding of public value as it relates to local sustainable development, and suggest the establishment of intersectoral collaboration and community participation regarding value perception. Although the case is specific to Taiwan, its characteristics are typical of local sustainable development globally, especially in Asia.

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