Search Results (71)

Against the backdrop of a technological revolution centered on green and low-carbon development, the deep integration of digitalization and greening has become a core engine for high-quality progress. Moving beyond linear perspectives of environmental governance, this study constructs tripartite evolutionary game models to dissect the strategic interactions among government, enterprises, and consumers. Focusing on the institutional context of e-commerce, we examine how platform-enabled transparency mechanisms (e.g., blockchain traceability and carbon labeling) shape these interactions through key parameters: greenwashing detection (θ), premium loss coefficient (η), and information screening cost (C_D). The analysis reveals that the long-term trajectory is fundamentally determined by the intrinsic economic viability of corporate transformation. Government intervention acts as an equilibrium selector, influencing the speed of convergence, while product value (consumer utility and premium) and platform transparency determine the sustainability of the equilibrium. Critically, the tripartite model shows that the optimal outcome—full enterprise transformation and consumer adoption—can be achieved without sustained government intervention when product fundamentals are sufficiently attractive. This demonstrates the potential for market self-regulation to sustain digital–green synergy. The study makes three contributions: it captures the full tripartite feedback loop, reveals the saturation effect of policy intensity, and embeds platform transparency mechanisms into an evolutionary framework. The findings reframe the government’s role as a temporary enabler and position e-commerce platforms as key governance intermediaries, offering a theoretical basis for adaptive governance strategies in digital commerce. Full article

This study examines the evolution of sustainability reporting research by integrating financial market dynamics, regulatory frameworks, and digital transformation into a unified analytical lens. It explores how these forces shape the credibility, comparability, and strategic relevance of sustainability disclosure. A bibliometric analysis of 683 publications indexed in the Web of Science (2006–2025) was conducted. Performance indicators and science-mapping techniques were applied to identify the intellectual structure of the field. Four major thematic clusters were detected: (i) corporate social responsibility and disclosure performance, (ii) governance and accountability, (iii) regulatory and institutional frameworks, and (iv) financial market and digital innovation drivers. Findings reveal that Disclosure, corporate social responsibility, and performance remain the field’s core anchors, while governance, accountability, innovation, and strategy increasingly shape reporting credibility. Sustainability reporting reduces information asymmetry, lowers financing costs, and builds stakeholder trust; however, persistent fragmentation, greenwashing, and weak assurance highlight the need for global harmonization. Regulatory initiatives and market instruments are converging to institutionalize sustainability disclosure. The study advances a policy and managerial agenda advocating stronger governance oversight, harmonized disclosure frameworks, and technology-enabled assurance mechanisms to enhance transparency, accountability, and investor confidence. Full article

Environmental commitments disclosed in merger and acquisition (M&A) announcements have become an important channel through which firms signal their green governance intentions. However, systematic empirical evidence remains limited regarding whether and how capital markets respond to such commitments. Using a sample of M&A events involving Chinese A-share listed firms from 2010 to 2023, this study develops a multidimensional framework to measure environmental commitment quality and examines its association with market performance while exploring potential channels through which capital markets respond to such disclosures. The results show that: (1) high-quality environmental commitments are associated with significant short-term and long-term abnormal returns, suggesting that investors respond positively to such disclosures. (2) Increased public attention and enhanced green innovation emerge as key channels linking environmental commitments to market performance. (3) More importantly, firms issuing high-quality commitments subsequently exhibit improvements in long-term financial, environmental, market, investment, and governance performance, suggesting that these commitments may function as credible signals rather than mere “greenwashing” rhetoric. (4) These observed patterns are structurally heterogeneous and more pronounced in firms with abundant resource endowments and stronger executive environmental awareness. Overall, this study provides new evidence on how event-driven environmental disclosures are associated with firms’ resource acquisition processes and offers insights for policies aimed at improving disclosure regulation and guiding capital toward green transformation. Full article

Generative AI enables rapid visualization of sustainable urban design scenarios, yet the question of whether these outputs encode sustainability as operable spatial logic, rather than merely depicting it as a visual impression, remains underexplored. This study proposes a two-level assessment framework that scores the same sustainability dimensions at both the visual-representation level and the spatial-logic level, treating the systematic decoupling between the two as a form of visual greenwashing: system-induced representational distortion rather than deliberate misrepresentation. Using AI-workflow reports from two site-based urban design studios (47 students, 12 teams, 36 coded scenes), the framework integrates rubric-based scoring with qualitative process tracing of breakdown–repair logs. Results show that image-level scores consistently outperform logic-level scores across all five dimensions, with the gap most severe in mobility hierarchy and walkability and smallest in green/blue infrastructure. Case analysis reveals that breakdowns arise from failures in program encoding, urban-scale coherence, functional-boundary demarcation, and relational-condition matching, and that students deploy multi-stage repair pipelines, including prompt restructuring, tool switching, reference injection, and external-source compositing, to re-inject collapsed spatial logic. These findings reframe AI-assisted urban design as repair-centered workmanship rather than automated production. The study proposes three guardrails to prevent visual sustainability from substituting for spatial-logic sustainability: image–logic paired submission, design audit trail formalization, and gap-based red-flag review. Full article

Green FinTech involves facilitating sustainable payments, banking, and investment; nevertheless, it is subject to consumer trust and perceptions of ‘green’ value. The literature on this topic is fragmented, with information systems literature typically considering trust as a broad acceptance construct, while sustainable literature considers it as a risk of ‘greenwashing’ without integrating credibility into adoption models. This systematic review aggregates 15 empirical studies and addresses five research questions. RQ1 examines the theoretical models applied to examine trust in green/sustainable FinTech adoption. RQ2 examines the conceptualization and measurement of trust across different contexts, distinguishing institutional/provider trust, platform/tech trust, and sustainability claim credibility trust. RQ3 examines the function of trust within behavioral models (predictor, mediator, moderator). RQ4 examines methodological characteristics and quality indicators (research design, sampling frame, reliability, and bias). RQ5 examines the direct relationship between trust and adoption intention using meta-analysis. The systematic review follows a set of PRISMA guidelines, where we searched Scopus and Web of Science (2015–2026) and applied an RQ-based coding scheme to peer-reviewed articles. Measures of trust varied significantly (unidimensional, integrity–competence–benevolence, and technology-specific scales), limiting cross-study comparability. Using random effects, we found a significant positive relationship between trust and intention (pooled standardized direct path coefficient β = 0.27, 95% CI [0.14, 0.41]) with considerable heterogeneity (I² = 88%) and a wide prediction interval including near-zero effects. Literature essentially endorses trust as a significant yet context-dependent construct, emphasizing the necessity for measurement standardization, a more distinct differentiation between sustainability trust and general platform trust, regular reporting of reliability and bias assessments, and focused evaluations of boundary conditions (e.g., environmental skepticism, regulatory framework, and FinTech type). Full article

Growing global environmental awareness has fueled a “green” market, but also a confusing array of information, raising risks of misinformation. In response, sustainability certifications and instruments have become crucial tools in the cosmetics industry. However, the rapid spread of these ecolabels has created new problems, including market fragmentation, consumer confusion, and heightened concerns about greenwashing. This study conducts a systematic comparative analysis of 24 prominent sustainability schemes within the cosmetics sector. We developed an analytical framework to assess each instrument across three dimensions: (i) value chain coverage (from sourcing to end-of-life), (ii) corporate sustainability scope (environmental, social, governance), and (iii) verification and transparency mechanisms. The results reveal a fragmented landscape with significant scope imbalances. Most instruments robustly cover upstream impacts (e.g., ingredient sourcing), but downstream phases—including consumer use, packaging, and circularity—are markedly under-addressed. At the corporate level, environmental criteria dominate, with social and governance dimensions inconsistently integrated. Verification rigor and transparency vary widely, with many relying on confidential audits or self-declaration. In conclusion, while valuable as market instruments, prevailing certifications are insufficient as standalone assurance tools. The findings highlight a misalignment with emerging regulations, underscoring the need for greater lifecycle integration, enhanced transparency, and alignment with comprehensive corporate sustainability frameworks. Full article

This study reinterprets Ottoman water philosophy through a “Hierarchical Adaptation Framework” to bridge the gap between historical heritage and contemporary biophilic design. While existing literature discusses Ottoman architecture and modern sustainability separately, a theoretical integration connecting these domains remains underexplored. Focusing on Bursa’s historical water network—specifically the Waqf-managed systems—this research utilizes a qualitative methodology to synthesize heritage-based water logics into a transferable design model. The proposed framework is structured around three interconnected layers: (1) Ecological (Resilience), prioritizing resource availability and passive cooling; (2) Sensory (Psychological Restoration), leveraging acoustic and thermal properties for user well-being; and (3) Symbolic (Identity), re-coding cultural rituals for modern civic memory. By mapping these layers against Browning’s 14 Patterns of Biophilic Design, the study identifies Ottoman water architecture as a “Proto-Biophilic” precedent. The findings argue that contemporary interventions must follow a strict prioritization—ecological viability first, followed by sensory optimization and symbolic resonance—to avoid “greenwashing.” The study concludes by proposing a “Technological Biomimicry” strategy to resolve conflicts between historical abundance and modern water scarcity, offering a resilient roadmap for water-centric urbanism in the age of climate crisis. Full article

Intangible environmental externalities in informal economies are hard to detect, attribute, and regulate because transaction records and evidentiary trails are fragmented. This conceptual paper reframes pollution control from improving model performance to designing institutions for verifiability and examines how generative AI (GAI) can both strengthen and undermine that verifiability. Integrating transaction-structure theory, institutional economics, and digital-governance research, we derive four propositions: (P1) standardized, interoperable evidence and hybrid auditing allow GAI to lower verification costs; (P2) opaque, multi-tier transactions and concentrated data control enable plausible falsification; (P3) detection reduces pollution only when linked to remediation through enforcement capacity; and (P4) incentives must reward verified, not merely claimed, circularity to deter greenwashing. We illustrate feasibility and boundary conditions through three precedents: Amazon’s unit-level identifiers and sustainability labeling, India’s CPCB extended producer responsibility portal for plastic packaging, and Brazil’s nationwide e-invoicing infrastructure (NF-e/SPED). The framework offers actionable design principles, testable hypotheses, and measurable indicators (evidence linkage, audit-log completeness, time-to-remediation) for future empirical work. The framework is intended to support analytic generalization for policy and practice across contexts. Full article

Chile’s livestock industry faces growing demands for emissions reduction, animal welfare, and value creation, while continuing to play a key role in rural food security and pasture-based production systems. In light of Chile’s varied agroclimatic conditions, a diminishing national herd, and shifting market signals, such as alternative proteins and distinctive meat products, this narrative review explores four complementary transition pathways: sustainable intensification, organic and agroecological systems, heritage livestock, and regenerative practices. We map the structural challenges, including grazing dairy and beef herds, fragmented producer organization, and the absence of unified, farm-scale greenhouse-gas measurements. We assess the management strategies that have the strongest support; viz., efficiency gains at the animal/herd level, adaptive grazing and silvopastoral designs, nutrient cycling via manure management and local by-products, and welfare frameworks that are aligned with national law and World Organisation for Animal Health guidance. Heritage systems (e.g., Chilota sheep breed in the Chiloé archipelago) provide resilience, cultural identity, and low-input baselines for stepwise transitions. Regenerative procedures can improve soil function and drought buffering but require context-specific designs and credible outcome-based verification to avoid greenwashing. Key enabling policies include coordinated certification and labeling covering animal welfare and origin. Additional elements are cooperative and territorial governance, targeted R&D and extension services for smallholders, and a transparent, standardized greenhouse-gas measurement framework linking farm-level actions to national inventories. Chile’s pathway is not a single model but a practical combination shaped by regional conditions that can deliver long-term economic sustainability, ecosystem services, and nutrition. Full article

Corporate communication of sustainability within the fashion industry operates in a sector with high reputational exposure and increasing demands for environmental and social accountability. Despite the growing volume of research, the field remains conceptually and methodologically dispersed, with a predominant focus on discourse and limited emphasis on verification and structural integration. This study presents a systematic review of 80 peer-reviewed articles published between 2015 and 2025 in Scopus and Web of Science, examining how sustainability communication in the fashion industry has been conceptualised, investigated, and operationalised across the literature. Following the PRISMA protocol and employing a mixed-method approach combining bibliometric and content analyses, four thematic lines were identified: (1) corporate communication and reputation; (2) digital communication and social media; (3) CSR and sustainability; (4) transparency and greenwashing. Keyword co-occurrence and conceptual clusters were mapped using VOSviewer. Results reveal a predominance of content analysis, case studies, and corporate narratives, with fewer quantitative and mixed-method designs. Research largely focuses on discourse interpretation and credibility-building rather than on empirically verifying sustainability commitments. Thematic developments indicate a shift from general CSR frameworks toward transparency, digital traceability, and social media communication. Key gaps persist in message authenticity, greenwashing evaluation, and communicating public sustainability funds, including Next Generation EU programs. Overall, the review portrays an expanding yet fragmented field in which sustainability communication operates primarily as a reputational mechanism. Methodologically, the study combines a PRISMA-guided systematic literature review with bibliometric mapping techniques to support thematic synthesis and field contextualisation. Full article

The rapid expansion of corporate sustainability reporting has increased transparency requirements while raising concerns about greenwashing driven by selective, narrative-based disclosure. This study assesses the credibility of Environmental, Social, and Governance (ESG) communication by comparing corporate sustainability reports with external media coverage for a sample of 204 large firms operating in Central and Eastern Europe in 2023. Using natural language processing techniques, the analysis constructs a Greenwashing Severity Index (GSI) that captures discrepancies between firms’ ESG self-representation and external public narratives. The index combines ESG-specific focus measures, sentiment analysis, TF–IDF-based term weighting, and topic modeling to quantify imbalances in ESG communication. Results indicate moderate but widespread greenwashing across countries, industries, and firm sizes, with substantial heterogeneity linked to differences in regulatory maturity and stakeholder scrutiny. Higher alignment between corporate disclosures and external narratives is observed among larger firms and in sectors subject to stronger public accountability, while finance, aviation, and online commerce exhibit higher greenwashing severity. A propensity score matching analysis further shows that firms with imbalanced emphasis across ESG dimensions display significantly higher GSI values, consistent with strategic disclosure behavior rather than substantive sustainability engagement. Overall, the findings demonstrate that transparency alone is insufficient to ensure credible ESG communication, highlighting the need for EU sustainability governance to move beyond disclosure-based compliance toward digitalized, data-driven monitoring frameworks that systematically integrate external information sources to curb strategic ESG misrepresentation and enhance corporate accountability under evolving regulatory regimes. Full article

In recent years, greenwashing has been seen as a critical issue in the tourism and hospitality sector. This study is structured to systematically examine the literature on greenwashing in the tourism and hospitality industry and to establish a study identity. The study is based on the evaluation of 42 qualified articles from the WoS and Scopus databases using the SLR method, in harmony with the PRISMA protocol. As a result of the analyses, the research was classified into seven thematic headings: consumer perception and behavioral responses; employee behavior and internal effects; corporate communication and marketing strategies; strategic corporate social responsibility; critical approaches; greenhushing; and conceptual framework development. According to these findings, extensive study has been focused on consumer perceptions and behavioral responses, yet lacks information on environmentally friendly practices, employee behavior, and organizational structures. This study is important because it connects these different views, offering a practical model that works for both researchers and professionals. While the agricultural and retail dimensions have been well-documented, this study distinguishes itself by situating the analysis within the unique framework of tourism and hospitality. Full article

The main purpose of this research is to examine the significance of green bonds and green banking loans as financing tools for ecologically sustainable projects in the face of increasing worldwide environmental issues. This research seeks to uncover the determinants of both instruments’ issuance and the obstacles to their acceptance. A thorough systematic literature review will be conducted to assess the efficacy of these tools in improving company financial performance and cost of debt, advancing environmental sustainability, and influencing investor behavior. This methodology guarantees a comprehensive and impartial examination of peer-reviewed publications from reputable sources such as Web of Science and Scopus. Although issues such as greenwashing, market liquidity, and regulatory discrepancies still exist, both tools are growing steadily in the sustainable financing spectrum. The results also suggest that both instruments are influenced by several factors, often overlapping due to their common focus on financing sustainable projects. The credit rating, financial health, and overall environmental performance of the issuing entity significantly influence the attractiveness and pricing of green bonds, as do the market conditions, regulatory frameworks, and certification. The environmental profile and creditworthiness of the borrower are key determinants for green banking loans. The review enhances the current body of knowledge by presenting a theoretical structure for comprehending the dynamics of green debt markets and proposing practical recommendations for policymakers and financial institutions. Furthermore, it emphasizes the deficiencies in existing research, including the need for further longitudinal investigations into green bank loans and a more thorough examination of the notion of ‘greenium’. We searched Web of Science and Scopus up to 26 April 2024. Eligibility criteria included peer-reviewed English-language studies on green bonds or green banking loans. After screening, 128 studies were found to have met the inclusion criteria. Full article

Growing consumer demand for sustainable food products has amplified the use of “green” marketing claims, yet transnational agri-food supply chains face a critical “perception–reality gap” due to data fragmentation and the absence of independent verification, fostering significant greenwashing risks. This study explores how the synergistic integration of Blockchain, Internet of Things (IoT), and Artificial Intelligence (AI) can bridge this gap. Utilizing a PRISMA-inspired qualitative systemic analysis and scenario modeling, we propose the “Converging Technologies for Sustainable Agri-Food” (CTSAF) model, formalized through a mathematical Green Claim Veracity Index (Vi) and AI-driven anomaly detection algorithms. The analysis evaluates three maturity-level scenarios against expert-calibrated Key Performance Indicators (KPIs). Results demonstrate that while traditional and blockchain-only systems remain vulnerable to the “Oracle Problem”, the integrated CTSAF model (Scenario III) achieves “Very High” performance in data accuracy and audit efficiency. By transforming passive record-keeping into an autonomous governance layer, this framework provides a strategic roadmap for substantiating environmental claims in alignment with the EU Green Claims Directive and the Digital Product Passport framework. Full article

Greenwashing in environmental, social, and governance reporting poses a significant threat to corporate accountability and stakeholder trust. This article provides a comprehensive synthesis of existing research to evaluate the role and effectiveness of sustainability assurance as a primary mechanism to combat greenwashing and proposes a framework for it. Based on a systematic literature review, this paper consolidates empirical findings indicating that sustainability assurance has a significant inhibitory effect on corporate greenwashing and is positively valued by capital markets, as evidenced by lower equity capital costs. However, the analysis also reveals that the effectiveness of assurance is not uniform; it is moderated by contextual factors such as the strength of the national legal environment and, in particular, regulatory environments, which can be exploited to legitimize overstated disclosures. This paper proposes a conceptual framework for anti-greenwashing assurance that integrates five interconnected pillars (regulatory, stakeholder engagement, third-party verification, corporate culture and internal controls, and technologies), forming a synergistic ecosystem of deterrents which collectively shape the integrity and credibility of sustainability reporting practices. To enhance the effectiveness of greenwashing mitigation, the proposed framework must be further strengthened by integrating the core principles of transparency, materiality, and verifiability across all its pillars. Full article