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Green Corporate Practices, Environmental Management and Sustainability Performance

A special issue of Sustainability (ISSN 2071-1050).

Deadline for manuscript submissions: 1 October 2026 | Viewed by 2008

Special Issue Editors


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Guest Editor
Department of Business Administration, University of Western Macedonia, Grevena, Greece
Interests: corporate social responsibility; corporate governance; sustainability
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
Department of Business Administration, University of Thessaly, 41500 Larissa, Greece
Interests: management; green entrepreneurship; digital transformation; green management; sustainable business performance
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
Department of Business Administration, Faculty of Economic Sciences, University of Western Macedonia, 51100 Grevena, Greece
Interests: crisis management; civil protection and operational management
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The increasing urgency of climate change, environmental deterioration, and resource scarcity has imposed extraordinary pressure on firms to implement eco-friendly practices and incorporate sustainability concepts into their strategic and operational frameworks. Corporate Sustainability, Environmental Management, and Green Practice Performance have become a vital study area, connecting corporate governance, environmental responsibility, and sustainable value generation. This Special Issue seeks to strengthen both the theoretical and empirical comprehension of the organizational implementation and assessment of green initiatives, as well as improvements to environmental performance, and aims to contribute to the overarching goal of sustainability itself.

The Special Issue will examine new corporate strategies, management methods, and performance evaluation frameworks that integrate environmental objectives with commercial goals and will cover a range of industries and regions, emphasizing exemplary practices and insights gained from incorporating green policies into business culture. Thus, we invite interdisciplinary submissions including, but not limited to, environmental management systems (EMSs), ESG performance indicators, green innovation, circular economy efforts, carbon neutrality policies, and the impact of digital transformation on environmental performance. Qualitative and quantitative research are welcome, preferably incorporating methodological innovations such life cycle assessment (LCA), multi-criteria decision-making (MCDM), and data-driven sustainability analytics.

The objective is to connect theoretical concepts with practical applications by presenting actionable insights that may assist policymakers, practitioners, and academics in promoting sustainable business ecosystems. The Special Issue will integrate global views to tackle urgent environmental issues and provide actionable strategies for enhancing business sustainability performance.

Although the body of work on sustainability reporting and corporate environmental management has expanded significantly, there is still a need for integrative studies that link governance, strategy, and performance outcomes within the framework of green transformation. This Special Issue will enhance current research by examining the relationship between corporate-level decision-making and quantifiable environmental effects, including emergent subjects such as AI-driven sustainability management, ESG assurance, and sustainable supply chain governance.

Dr. Grigoris Giannarakis
Dr. George Sklavos
Dr. Stavros Kalogiannidis
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 250 words) can be sent to the Editorial Office for assessment.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • green corporate strategy
  • corporate governance
  • environmental management systems (EMS)
  • ESG performance
  • sustainability reporting
  • circular economy
  • green innovation
  • carbon neutrality
  • sustainable supply chains
  • environmental economics
  • artificial intelligence for sustainability

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Published Papers (2 papers)

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Research

42 pages, 2916 KB  
Article
The Impact Mechanisms of ESG Ratings on Corporate Green Technology Innovation: A Multi-Period Difference-in-Differences Analysis of Innovation Quantity, Quality, and Efficiency
by Amina Hamdouni and Nesrine Gafsi
Sustainability 2026, 18(10), 5094; https://doi.org/10.3390/su18105094 - 18 May 2026
Viewed by 227
Abstract
This study examines the causal impact of environmental, social, and governance (ESG) ratings on corporate green technology innovation using a panel of Saudi listed firms over the period 2015–2024. Adopting a multi-period difference-in-differences (DID) framework, the analysis evaluates three dimensions of innovation outcomes—quantity, [...] Read more.
This study examines the causal impact of environmental, social, and governance (ESG) ratings on corporate green technology innovation using a panel of Saudi listed firms over the period 2015–2024. Adopting a multi-period difference-in-differences (DID) framework, the analysis evaluates three dimensions of innovation outcomes—quantity, quality, and efficiency (CGTI1–CGTI3). The results show that ESG ratings significantly enhance green technology innovation. Dynamic evidence indicates that these effects strengthen over time, reflecting gradual adjustment in firms’ innovation strategies. Mechanism analysis reveals that ESG ratings promote innovation primarily by alleviating financial constraints and mitigating agency problems. These effects are driven by improvements in the information environment, as ESG ratings reduce information asymmetry and enhance monitoring. From a theoretical perspective, ESG ratings are conceptualized as a digital information infrastructure that reduces informational entropy and provides algorithmic evaluation signals, thereby guiding managerial decision-making in R&D investment and project selection. Robustness tests, including propensity score matching difference-in-differences (PSM-DID), confirm that the results are not driven by selection bias. Focusing on Saudi Arabia under Vision 2030, the findings highlight the role of ESG information systems in shaping green innovation in an emerging market context. Full article
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40 pages, 1904 KB  
Article
Environmental Policy and ESG Greenwashing
by Yufei Hou, Liangjun Yi and Jing Zhang
Sustainability 2026, 18(9), 4524; https://doi.org/10.3390/su18094524 - 4 May 2026
Viewed by 1105
Abstract
Soil is a vital component of the natural environment, yet soil pollution control has recently been a critical bottleneck in environmental protection. Since 2016, China has been implementing the Soil Pollution Prevention and Control Action Plan (SPPCAP), an environmental policy that reinforces the [...] Read more.
Soil is a vital component of the natural environment, yet soil pollution control has recently been a critical bottleneck in environmental protection. Since 2016, China has been implementing the Soil Pollution Prevention and Control Action Plan (SPPCAP), an environmental policy that reinforces the regulation of soil polluters and helps improve the legitimacy of environmental governance. Employing panel data on Chinese listed firms from 2011 to 2021, this study assesses the impact of the SPPCAP on Environmental, Social, and Governance (ESG) greenwashing using a difference-in-differences approach. We find a robust result that the SPPCAP significantly reduces corporate ESG greenwashing. The mechanism tests reveal that the SPPCAP reduces ESG greenwashing by mitigating managerial myopia and promoting clean production strategies from both product and factor dimensions. The heterogeneity analyses indicate that the effect is more pronounced in regions with a better business environment, stricter environmental judicialization, and heavier soil pollution, as well as in more competitive and downstream industries. The additional analysis suggests that reduced ESG greenwashing induced by the SPPCAP contributes to sustainable growth. Our findings highlight the role of soil environmental governance within environmental governance systems and provide evidence on how environmental policies improve substantive ESG performance as a pathway to sustainability-oriented transformation. Full article
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