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Search Results (344)

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Keywords = corporate policy and strategy

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23 pages, 782 KiB  
Article
From Local Actions to Global Impact: Overcoming Hurdles and Showcasing Sustainability Achievements in the Implementation of SDG12
by John N. Hahladakis
Sustainability 2025, 17(15), 7106; https://doi.org/10.3390/su17157106 - 5 Aug 2025
Abstract
This study examines the progress, challenges, and successes in implementing Sustainable Development Goal 12 (SDG12), focusing on responsible consumption and production, using Qatar as a case study. The State has integrated Sustainable Consumption and Production (SCP) into national policies, established coordination mechanisms, and [...] Read more.
This study examines the progress, challenges, and successes in implementing Sustainable Development Goal 12 (SDG12), focusing on responsible consumption and production, using Qatar as a case study. The State has integrated Sustainable Consumption and Production (SCP) into national policies, established coordination mechanisms, and implemented action plans aligned with SDG12 targets. Achievements include renewable energy adoption, waste management reforms, and sustainable public procurement, though challenges persist in rationalizing fossil fuel subsidies, addressing data gaps, and enhancing corporate sustainability reporting. Efforts to reduce food loss and waste through redistribution programs highlight the country’s resilience, despite logistical obstacles. The nation has also advanced hazardous waste management, environmental awareness, and sustainable tourism policies, though gaps in data systems and policy coherence remain. Qatar’s approach provides a valuable local-to-global example of balancing resource-dependent economies with sustainability goals. Its strategies and lessons offer potential adaptability for other nations, especially those facing similar challenges in achieving SDG12. By strengthening data systems, enhancing policy integration, and fostering regional and international cooperation, Qatar’s efforts underscore the importance of aligning economic growth with environmental stewardship, serving as a blueprint for global sustainability initiatives. Full article
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29 pages, 1867 KiB  
Article
Exploring the Triple Dividend Effect and Threshold Effect of Environmental Protection Tax: Evidence from Chinese Listed Companies
by Chenghao Ye, Hongjie Gao and Igor A. Mayburov
Sustainability 2025, 17(15), 7038; https://doi.org/10.3390/su17157038 - 3 Aug 2025
Viewed by 243
Abstract
This study uses financial data from 872 Chinese listed companies (2018–2022). It tests the triple dividend effect and threshold effect of China’s environmental protection tax (EPT) using high-dimensional fixed effects models and panel threshold models. We document that (1) EPT creates an environmental [...] Read more.
This study uses financial data from 872 Chinese listed companies (2018–2022). It tests the triple dividend effect and threshold effect of China’s environmental protection tax (EPT) using high-dimensional fixed effects models and panel threshold models. We document that (1) EPT creates an environmental dividend for Chinese listed companies. It significantly reduces pollution emissions. A 1-unit tax increase reduces LnTPPE by 2.5%. (2) EPT creates a significant innovation dividend. It forces enterprises to improve the quality of authorized patents. A 1-unit tax increase raises patent technological complexity by 0.79%. (3) EPT creates an economic dividend. It significantly improves firm performance. A 1-unit tax increase raises relative corporate revenue by 38.1%. (4) EPT exerts significant threshold effects on micro-level triple dividend outcomes among Chinese listed companies. A heterogeneity analysis shows significant differences in threshold effects between non-heavily polluting and heavily polluting industries. This study confirms that China’s EPT generates a micro-level triple dividend effect alongside coexisting threshold effects for listed companies. This provides literature references for China to design and implement differentiated policies and offers a quantitative empirical case for implementing globally sustainable EPT strategies. Full article
(This article belongs to the Section Air, Climate Change and Sustainability)
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27 pages, 441 KiB  
Article
A Penny Saved Is a Penny Earned: How Executive Cognitive Flexibility Drives Performance Through Strategic Resource Reallocation
by Xiaochuan Guo, La Tao, You Chen and Xue Lei
Sustainability 2025, 17(15), 6698; https://doi.org/10.3390/su17156698 - 23 Jul 2025
Viewed by 318
Abstract
In an era where sustainable development is increasingly a core strategic issue for businesses, how top management, as the architects of corporate strategy, can achieve a synergy of economic, social, and environmental benefits through internal management mechanisms to promote corporate sustainability is a [...] Read more.
In an era where sustainable development is increasingly a core strategic issue for businesses, how top management, as the architects of corporate strategy, can achieve a synergy of economic, social, and environmental benefits through internal management mechanisms to promote corporate sustainability is a central focus for both academia and practice. This study aims to explore how Executive Cognitive Flexibility (CF) influences Firm Performance and to uncover the mediating effects of Non-market Strategy. We use panel data from Chinese A-share listed companies between 2016 and 2022 to examine and empirically analyze this mechanism. Our findings indicate that CF has a positive impact on Firm Performance. This relationship is realized through the pathway of Non-market Strategy, specifically manifesting as a reduction in Corporate Social Responsibility (CSR) and an increase in Corporate Political Activity (CPA). Further analysis reveals that the impact of executive cognitive flexibility on firm performance is differentially influenced by internal and external environmental contexts. The findings of this study provide important practical insights and policy recommendations for companies on cultivating executive cognitive flexibility, optimizing non-market strategies, and enhancing firm performance in various internal and external environments. Full article
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17 pages, 43516 KiB  
Article
Retail Development and Corporate Environmental Disclosure: A Spatial Analysis of Land-Use Change in the Veneto Region (Italy)
by Giovanni Felici, Daniele Codato, Alberto Lanzavecchia, Massimo De Marchi and Maria Cristina Lavagnolo
Sustainability 2025, 17(15), 6669; https://doi.org/10.3390/su17156669 - 22 Jul 2025
Viewed by 321
Abstract
Corporate environmental claims often neglect the substantial ecological impact of land-use changes. This case study examines the spatial dimension of retail-driven land-use transformation by analyzing supermarket expansion in the Veneto region (northern Italy), with a focus on a large grocery retailer. We evaluated [...] Read more.
Corporate environmental claims often neglect the substantial ecological impact of land-use changes. This case study examines the spatial dimension of retail-driven land-use transformation by analyzing supermarket expansion in the Veneto region (northern Italy), with a focus on a large grocery retailer. We evaluated its corporate environmental claims by assessing land consumption patterns from 1983 to 2024 using Geographic Information Systems (GIS). The GIS-based methodology involved geocoding 113 Points of Sale (POS—individual retail outlets), performing photo-interpretation of historical aerial imagery, and classifying land-cover types prior to construction. We applied spatial metrics such as total converted surface area, land-cover class frequency across eight categories (e.g., agricultural, herbaceous, arboreal), and the average linear distance between afforestation sites and POS developed on previously rural land. Our findings reveal that 65.97% of the total land converted for Points of Sale development occurred in rural areas, primarily agricultural and herbaceous lands. These landscapes play a critical role in supporting urban biodiversity and providing essential ecosystem services, which are increasingly threatened by unchecked land conversion. While the corporate sustainability reports and marketing strategies emphasize afforestation efforts under their “We Love Nature” initiative, our spatial analysis uncovers no evidence of actual land-use conversion. Additionally, reforestation activities are located an average of 40.75 km from converted sites, undermining their role as effective compensatory measures. These findings raise concerns about selective disclosure and greenwashing, driving the need for more comprehensive and transparent corporate sustainability reporting. The study argues for stronger policy frameworks to incentivize urban regeneration over greenfield development and calls for the integration of land-use data into corporate sustainability disclosures. By combining geospatial methods with content analysis, the research offers new insights into the intersection of land use, business practices, and environmental sustainability in climate-vulnerable regions. Full article
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26 pages, 3347 KiB  
Article
Identifying Critical Risks in Low-Carbon Innovation Network Ecosystem: Interdependent Structure and Propagation Dynamics
by Ruguo Fan, Yang Qi, Yitong Wang and Rongkai Chen
Systems 2025, 13(7), 599; https://doi.org/10.3390/systems13070599 - 17 Jul 2025
Viewed by 276
Abstract
Global low-carbon innovation networks face increasing vulnerabilities amid growing geopolitical tensions and technological competition. The interdependent structure of low-carbon innovation networks and the risk propagation dynamics within them remain poorly understood. This study investigates vulnerability patterns by constructing a two-layer interdependent network model [...] Read more.
Global low-carbon innovation networks face increasing vulnerabilities amid growing geopolitical tensions and technological competition. The interdependent structure of low-carbon innovation networks and the risk propagation dynamics within them remain poorly understood. This study investigates vulnerability patterns by constructing a two-layer interdependent network model based on Chinese low-carbon patent data, comprising a low-carbon collaboration network of innovation entities and a low-carbon knowledge network of technological components. Applying dynamic shock propagation modeling, we analyze how risks spread within and between network layers under various shocks. Our findings reveal significant differences in vulnerability distribution: the knowledge network consistently demonstrates greater susceptibility to cascading failures than the collaboration network, reaching complete system failure, while the latter maintains partial resilience, with resilience levels stabilizing at approximately 0.64. Critical node analysis identifies State Grid Corporation as a vulnerability point in the collaboration network, while multiple critical knowledge elements can independently trigger system-wide failures. Cross-network propagation follows distinct patterns, with knowledge-network failures consistently preceding collaboration network disruptions. In addition, propagation from the collaboration network to the knowledge network showed sharp transitions at specific threshold values, while propagation in the reverse direction displayed more gradual responses. These insights suggest tailored resilience strategies, including policy decentralization approaches, ensuring technological redundancy across critical knowledge domains and strengthening cross-network coordination mechanisms to enhance low-carbon innovation system stability. Full article
(This article belongs to the Section Systems Practice in Social Science)
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35 pages, 2044 KiB  
Review
Overview of Sustainable Maritime Transport Optimization and Operations
by Lang Xu and Yalan Chen
Sustainability 2025, 17(14), 6460; https://doi.org/10.3390/su17146460 - 15 Jul 2025
Viewed by 669
Abstract
With the continuous expansion of global trade, achieving sustainable maritime transport optimization and operations has become a key strategic direction for transforming maritime transport companies. To summarize the current state of research and identify emerging trends in sustainable maritime transport optimization and operations, [...] Read more.
With the continuous expansion of global trade, achieving sustainable maritime transport optimization and operations has become a key strategic direction for transforming maritime transport companies. To summarize the current state of research and identify emerging trends in sustainable maritime transport optimization and operations, this study systematically examines representative studies from the past decade, focusing on three dimensions, technology, management, and policy, using data sourced from the Web of Science (WOS) database. Building on this analysis, potential avenues for future research are suggested. Research indicates that the technological field centers on the integrated application of alternative fuels, improvements in energy efficiency, and low-carbon technologies in the shipping and port sectors. At the management level, green investment decisions, speed optimization, and berth scheduling are emphasized as core strategies for enhancing corporate sustainable performance. From a policy perspective, attention is placed on the synergistic effects between market-based measures (MBMs) and governmental incentive policies. Existing studies primarily rely on multi-objective optimization models to achieve a balance between emission reductions and economic benefits. Technological innovation is considered a key pathway to decarbonization, while support from governments and organizations is recognized as crucial for ensuring sustainable development. Future research trends involve leveraging blockchain, big data, and artificial intelligence to optimize and streamline sustainable maritime transport operations, as well as establishing a collaborative governance framework guided by environmental objectives. This study contributes to refining the existing theoretical framework and offers several promising research directions for both academia and industry practitioners. Full article
(This article belongs to the Special Issue The Optimization of Sustainable Maritime Transportation System)
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22 pages, 3066 KiB  
Article
Optimal Strategies in Green Supply Chains When Considering Consumers’ Green Preferences and Government Subsidies
by Lei Wang, Tao Xu and Tingqiang Chen
Mathematics 2025, 13(13), 2209; https://doi.org/10.3390/math13132209 - 7 Jul 2025
Viewed by 242
Abstract
Green and low-carbon development of supply chains represents a practical approach to addressing climate change and enhancing corporate competitiveness. From the perspective of the relationship between policy subsidies and channel power structures, this paper constructs Stackelberg game models under four different scenarios to [...] Read more.
Green and low-carbon development of supply chains represents a practical approach to addressing climate change and enhancing corporate competitiveness. From the perspective of the relationship between policy subsidies and channel power structures, this paper constructs Stackelberg game models under four different scenarios to conduct theoretical analyses of the optimal strategies, supported by numerical simulations. The research findings reveal the following. (1) Under the product subsidy policy, the enhancement of consumers’ green preference will lead to a green premium, and in the case of the technology subsidy policy, consumers’ green preference will inhibit wholesale prices and retail prices. However, there is a threshold in the manufacturer-led case, and a “green premium” is also claimed when this threshold is exceeded. (2) The effects of the product subsidy policy and the green technology level subsidy policy on prices are opposite, where an increase in the product subsidy will increase the wholesale price and retail price, while an increase in the green technology level subsidy will reduce the wholesale price. The technology subsidy policy has a more significant effect on the promotion of green technology. (3) The power of supply chain channels will directly affect corporate profits, and the leader of the supply chain often has higher profits. Compared with product subsidies, technology subsidies can inhibit the channel power of retailers. Full article
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37 pages, 1031 KiB  
Article
Synergistic Integration of ESG Across Life Essentials: A Comparative Study of Clothing, Energy, and Transportation Industries Using CEPAR® Methodology
by Eve Man Hin Chan, Fanucci Wan-Ching Hui, Dawson Wai-Shun Suen and Chi-Wing Tsang
Standards 2025, 5(3), 17; https://doi.org/10.3390/standards5030017 - 4 Jul 2025
Viewed by 347
Abstract
This study conducts a comparative assessment of the environmental, social, and governance (ESG) integration strategies of three leading companies in Hong Kong—H&M Group, China Gas Company Limited (Towngas), and MTR Corporation Limited (MTR)—each operating in distinct sectors with unique sustainability challenges and opportunities. [...] Read more.
This study conducts a comparative assessment of the environmental, social, and governance (ESG) integration strategies of three leading companies in Hong Kong—H&M Group, China Gas Company Limited (Towngas), and MTR Corporation Limited (MTR)—each operating in distinct sectors with unique sustainability challenges and opportunities. The analysis adopts the Challenge–Evaluation–Planning–Action–Review (CEPAR®) framework developed by the International Chamber of Sustainable Development to examine how these companies identify and evaluate ESG-related risks, formulate action plans, implement sustainability initiatives, and refine their strategies. The findings reveal H&M’s strong emphasis on sustainable fashion, with a target of using 100% sustainable materials by 2030 and reducing greenhouse gas emissions by 56%. Towngas faces the complex challenge of transitioning from fossil fuels to cleaner energy and is investing in zero-carbon technologies to meet regulatory standards and stakeholder expectations. MTR focuses on sustainable urban development and efficient mass transit, prioritizing community engagement and reducing environmental impact. This study underscores the importance of sector-specific ESG approaches tailored to a company’s operational context. It also demonstrates how ESG integration is enhanced by proactive planning, transparent reporting, and alignment with long-term corporate values. By showcasing both successful practices and areas requiring further attention, this research contributes to the broader discourse on sustainable business practices in Hong Kong. Moreover, it provides actionable policy implications for government agencies and regulatory bodies. The insights gained can inform strategic decision-making across sectors and support the development of a more sustainable, resilient, and inclusive economy aligned with Hong Kong’s long-term climate and governance goals. Full article
(This article belongs to the Special Issue Sustainable Development Standards)
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30 pages, 810 KiB  
Article
Differences in Assets, Strategies, and Livelihood Outcomes Among Oil Palm Smallholder Typologies in West Sulawesi, Indonesia
by Khaeruddin Anas, Hamka Naping, Darmawan Salman and Andi Nixia Tenriawaru
Sustainability 2025, 17(13), 6064; https://doi.org/10.3390/su17136064 - 2 Jul 2025
Viewed by 299
Abstract
Oil palm cultivation plays a critical role in rural livelihoods in Indonesia, yet previous research has often overlooked systematic institutional differences among smallholders. This study aims to analyze disparities in assets, strategies, and livelihood outcomes among three oil palm smallholder typologies—ex-Perkebunan Inti Rakyat [...] Read more.
Oil palm cultivation plays a critical role in rural livelihoods in Indonesia, yet previous research has often overlooked systematic institutional differences among smallholders. This study aims to analyze disparities in assets, strategies, and livelihood outcomes among three oil palm smallholder typologies—ex-Perkebunan Inti Rakyat (PIR) transmigrant smallholders who received land through government transmigration programs, independent smallholders who cultivate oil palm without formal partnerships, and plasma smallholders operating under corporate partnership schemes—in Central Mamuju Regency, West Sulawesi. A descriptive quantitative approach based on the sustainable livelihoods framework was employed, using chi-square analysis of data collected from 90 respondents through structured interviews and field observations. The results show that ex-PIR smallholders possess higher physical, financial, and social capital and achieve better income and welfare outcomes compared to independent and plasma smallholders. Independent smallholders exhibit resilience through diversified livelihood strategies, whereas plasma smallholders face asset limitations and structural dependency on partner companies, increasing their economic vulnerability. The study concludes that differentiated policy approaches are necessary to enhance the resilience of each group, including improving capital access, promoting income diversification, and strengthening institutions for plasma smallholders. Future research should expand geographical scope and explore factors such as technology adoption, gender dynamics, and intergenerational knowledge transfer to deepen understanding of sustainable smallholder livelihoods in tropical plantation contexts. Full article
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25 pages, 1159 KiB  
Article
Analysis of Sustainable Development Goals (2016–2030) and Their Integration into Tourism Activities in Lago Agrio Canton, Sucumbíos Province: SDG 9 (Industry, Innovation, and Infrastructure) and SDG 15 (Life on Land)
by Patricia Marisol Chango-Cañaveral, Pablo Alejandro Quezada-Sarmiento and Valeria Jaqueline Morales-Herrera
Sustainability 2025, 17(13), 6023; https://doi.org/10.3390/su17136023 - 30 Jun 2025
Viewed by 669
Abstract
This study analyzes the integration of Sustainable Development Goals (SDGs) 9 (Industry, Innovation, and Infrastructure) and 15 (Life on Land) into the tourism development strategies of Lago Agrio Canton, Sucumbíos Province, Ecuador. The main objective is to assess how tourism can serve as [...] Read more.
This study analyzes the integration of Sustainable Development Goals (SDGs) 9 (Industry, Innovation, and Infrastructure) and 15 (Life on Land) into the tourism development strategies of Lago Agrio Canton, Sucumbíos Province, Ecuador. The main objective is to assess how tourism can serve as a driver for sustainable infrastructure development, environmental conservation, and inclusive local growth, in alignment with the 2030 Agenda. A qualitative methodology was adopted, involving documentary analysis with exploratory and descriptive scopes. The sources included national development plans, regional policy frameworks, institutional reports, and the relevant academic literature. This study employed territorial indicators related to infrastructure quality, ecosystem protection, and stakeholder participation to evaluate SDG alignment. The results highlight that sustainable tourism practices—particularly those incorporating corporate social responsibility and environmental stewardship—can stimulate innovation and enhance resilience in underdeveloped territories. Wetlands and forested areas emerge as key natural assets with strong potential for ecological tourism and sustainable investment. The findings suggest that collaborative actions between the public and private sectors, guided by SDGs 9 and 15, can generate long-term benefits, including biodiversity preservation, improved service infrastructure, and economic inclusion for local communities. Overall, the research underscores the potential of sustainable tourism as a practical mechanism for localizing the SDGs in fragile yet high-value ecological regions. Full article
(This article belongs to the Special Issue Innovative Learning Environments and Sustainable Development)
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17 pages, 732 KiB  
Review
A Review of Carbon Pricing Mechanisms and Risk Management for Raw Materials in Low-Carbon Energy Systems
by Hongbo Sun, Xinting Zhang and Cuicui Luo
Energies 2025, 18(13), 3401; https://doi.org/10.3390/en18133401 - 27 Jun 2025
Viewed by 490
Abstract
The global shift to low-carbon energy systems has significantly increased demand for critical raw materials like lithium, cobalt, nickel, rare earth elements, and copper. These materials are essential for renewable technologies and energy storage. However, their extraction and processing produce significant carbon emissions [...] Read more.
The global shift to low-carbon energy systems has significantly increased demand for critical raw materials like lithium, cobalt, nickel, rare earth elements, and copper. These materials are essential for renewable technologies and energy storage. However, their extraction and processing produce significant carbon emissions and face challenges from supply chain vulnerabilities and price volatility. This review examines the complex relationship between carbon pricing mechanisms—such as carbon markets and taxes—and raw material markets. It explores the strategic importance of these materials, recent policy developments, and the transmission of carbon pricing impacts through supply chains. The review also analyzes the systemic risks created by carbon pricing, including regulatory uncertainty, market volatility, and geopolitical tensions. We then discuss financial tools and corporate strategies for managing these risks, such as carbon-linked derivatives and supply chain diversification. Finally, this review identifies key challenges and suggests future research to improve the resilience and sustainability of raw material supply chains. Here, resilience is defined as the capacity to adapt to carbon pricing volatility, geopolitical disruptions, and regulatory shocks, while maintaining operations. The paper concludes that coordinated policies and flexible risk management are urgently needed to support a reliable and sustainable energy transition. Full article
(This article belongs to the Collection Energy Transition Towards Carbon Neutrality)
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26 pages, 5676 KiB  
Article
GIS-Based Evaluation of Mining-Induced Water-Related Hazards in Pakistan and Integrated Risk Mitigation Strategies
by Jiang Li, Zhuoying Tan, Aboubakar Siddique, Hilal Ahmad, Wajid Rashid, Jianshu Liu and Yinglin Yang
Water 2025, 17(13), 1914; https://doi.org/10.3390/w17131914 - 27 Jun 2025
Viewed by 609
Abstract
Mining activities in Pakistan’s mineral-rich provinces threaten freshwater security through groundwater depletion, contamination, and flood-induced pollution. This study develops an Inclusive Disaster Risk Reduction (IDRR) framework integrating governance, social, environmental, and technical (GSET) dimensions to holistically assess mining-induced water hazards across Balochistan, Khyber [...] Read more.
Mining activities in Pakistan’s mineral-rich provinces threaten freshwater security through groundwater depletion, contamination, and flood-induced pollution. This study develops an Inclusive Disaster Risk Reduction (IDRR) framework integrating governance, social, environmental, and technical (GSET) dimensions to holistically assess mining-induced water hazards across Balochistan, Khyber Pakhtunkhwa, and Punjab. Using GIS-based spatial risk mapping with multi-layer hydrological modeling, we combine computational analysis and participatory validation to identify vulnerability hotspots and prioritize high-risk mines. Community workshops involving women water collectors, indigenous leaders, and local experts enhanced map accuracy by translating indigenous knowledge into spatially referenced mitigation plans and integrating gender-sensitive metrics to address gendered water access disparities. Key findings reveal severe groundwater depletion, acid mine drainage, and gendered burdens near Saindak and Cherat mines. Multi-sectoral engagements secured corporate commitments for water stewardship and policy advances in inclusive governance. The framework employs four priority-ranked risk categories (Governance-Economic 15%, Social-Community 30%, Environmental 40%, Technical-Geological 15%) derived via local stakeholder collaboration, enabling context-specific interventions. Despite data limitations, the GIS-driven methodology provides a scalable model for regions facing socio-environmental vulnerabilities. The results demonstrate how community participation directly shaped village-level water management alongside GSET analysis to craft equitable risk reduction strategies. Spatially explicit risk maps guided infrastructure upgrades and zoning regulations, advancing SDG 6 and 13 progress in Pakistan. This work underscores the value of inclusive, weighted frameworks for sustainable mining–water nexus management in Pakistan and analogous contexts. Full article
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21 pages, 1632 KiB  
Article
Real Estate Market Forecasting for Enterprises in First-Tier Cities: Based on Explainable Machine Learning Models
by Dechun Song, Guohui Hu, Hanxi Li, Hong Zhao, Zongshui Wang and Yang Liu
Systems 2025, 13(7), 513; https://doi.org/10.3390/systems13070513 - 25 Jun 2025
Viewed by 398
Abstract
The real estate market significantly influences individual lives, corporate decisions, and national economic sustainability. Therefore, constructing a data-driven, interpretable real estate market prediction model is essential. It can clarify each factor’s role in housing prices and transactions, offering a scientific basis for market [...] Read more.
The real estate market significantly influences individual lives, corporate decisions, and national economic sustainability. Therefore, constructing a data-driven, interpretable real estate market prediction model is essential. It can clarify each factor’s role in housing prices and transactions, offering a scientific basis for market regulation and enterprise investment decisions. This study comprehensively measures the evolution trends of the real estate markets in Beijing, Shanghai, Guangzhou, and Shenzhen, China, from 2003 to 2022 through three dimensions. Then, various machine learning methods and interpretability methods like SHAP values are used to explore the impact of supply, demand, policies, and expectations on the real estate market of China’s first-tier cities. The results reveal the following: (1) In terms of commercial housing sales area, adequate housing supply, robust medical services, and high population density boost the sales area, while demand for small units reflects buyers’ balance between affordability and education. (2) In terms of commercial housing average sales price, growth is driven by education investment, population density, and income, with loan interest rates serving as a stabilizing tool. (3) In terms of commercial housing sales amount, educational expenditure, general public budget expenditure, and real estate development investment amount drive revenue, while the five-year loan benchmark interest rate is the primary inhibitory factor. These findings highlight the divergent impacts of supply, demand, policy, and expectation factors across different market dimensions, offering critical insights for enterprise investment strategies. Full article
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35 pages, 1298 KiB  
Article
Enhancing Sustainable Tourism Through Virtual Reality: The Role of Collectable Experiences in Well-Being and Meaning in Life
by Zhi-Hu Zhang and Heng-Chiang Huang
Sustainability 2025, 17(13), 5809; https://doi.org/10.3390/su17135809 - 24 Jun 2025
Viewed by 618
Abstract
This study explores the intersection of virtual reality tourism, digital innovation in digital transformation and corporate sustainability-driven business transformations in tourism strategies, and sustainability-driven business transformations in tourism. By reducing the environmental footprint associated with traditional travel, VR-based tourism presents an innovative solution [...] Read more.
This study explores the intersection of virtual reality tourism, digital innovation in digital transformation and corporate sustainability-driven business transformations in tourism strategies, and sustainability-driven business transformations in tourism. By reducing the environmental footprint associated with traditional travel, VR-based tourism presents an innovative solution to promote sustainable tourism. Through three empirical studies, we investigate how immersive 360-degree VR experiences influence psychological well-being and meaning in life as influenced by sustainable VR experiences. Our findings reveal that VR travel enhances engagement, fosters cultural appreciation, and provides an alternative to high-emission tourism, thus contributing to environmental sustainability-driven business transformations in tourism. The study offers managerial and policy implications for tourism stakeholders seeking to integrate digital transformation strategies into sustainable tourism development. Full article
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21 pages, 784 KiB  
Article
The Optimal CSR and Sustainability Approach in a Spatial Duopoly: A Comparative Study
by Hamid Hamoudi, Carmen Avilés-Palacios and Ana Belén Miquel Burgos
Sustainability 2025, 17(13), 5805; https://doi.org/10.3390/su17135805 - 24 Jun 2025
Viewed by 261
Abstract
In the context of increasing consumer environmental awareness (CEA), firms are progressively adopting corporate social responsibility (CSR) strategies that seek to align profitability with environmental objectives. This paper develops a mathematical model to explore the implications of CSR under two distinct scenarios: one [...] Read more.
In the context of increasing consumer environmental awareness (CEA), firms are progressively adopting corporate social responsibility (CSR) strategies that seek to align profitability with environmental objectives. This paper develops a mathematical model to explore the implications of CSR under two distinct scenarios: one that incorporates both social and environmental impacts and another that focuses solely on environmental concerns. The analysis is situated within a spatial mixed duopoly, where a CSR-oriented firm competes with a purely profit-maximising rival. A game-theoretical framework is employed, in which the CSR firm’s objective function is modelled as a weighted sum of private profits and the environmentally driven welfare of consumers. Equilibrium analysis demonstrates that CSR engagement improves market outcomes relative to a benchmark without CSR and generates positive externalities for the non-CSR firm. Moreover, the scenario prioritising environmental impact alone yields superior sustainability and welfare outcomes for both consumers and firms, despite identical demand and product differentiation conditions. These findings enhance our understanding of how CEA interacts with CSR strategies in imperfectly competitive markets, offering valuable insights for managerial decision-making and the formulation of environmental policy. Full article
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