Search Results (1,089)

This study explores whether sustainability achievements—proxied through ESG (environmental, social, and governance) reporting—are associated with superior financial performance in Latvia’s manufacturing sector, where ESG maturity remains low and institutional readiness is still emerging. Building on stakeholder, legitimacy, signal, slack resources, and agency theories, this study applies a mixed-method approach (that consists of two analytical stages) suited to the limited availability and reliability of ESG-related data in the Latvian manufacturing sector. Financial indicators from three large firms—AS MADARA COSMETICS, AS Latvijas Finieris, and AS Valmiera Glass Grupa—are compared with industry averages over the 2019–2023 period using independent sample T-tests. ESG integration is evaluated through a six-stage conceptual schema ranging from symbolic compliance to performance-driven sustainability. The results show that AS MADARA COSMETICS, which demonstrates advanced ESG integration aligned with international standards, significantly outperforms its industry in all profitability metrics. In contrast, the other two companies remain at earlier ESG maturity stages and show weaker financial performance, with sustainability disclosures limited to general statements and outdated indicators. These findings support the synergy hypothesis in contexts where sustainability is internalized and operationalized, while also highlighting structural constraints—such as resource scarcity and fragmented data—that may limit ESG-financial alignment in post-transition economies. This study offers practical guidance for firms seeking competitive advantage through strategic ESG integration and recommends policy actions to enhance ESG transparency and performance in Latvia, including performance-based reporting mandates, ESG data infrastructure, and regulatory alignment with EU directives. These insights contribute to the growing empirical literature on ESG effectiveness under constrained institutional and economic conditions. Full article

To remain competitive in the decarbonization process of the economy worldwide, energy companies must preserve their market value to attract new investors and remain resilient throughout the transition to net zero. This article examines the market value of US energy companies during the period 2012–2024 in relation to their power generation mix. Panel regression analyses reveal that Tobin’s q and price-to-book ratios increase significantly for solar and wind power, while they experience moderate increases for natural gas power. In contrast, Tobin’s q and price-to-book ratios decline for nuclear and coal power. Furthermore, accounting-based profitability, measured by the return on assets (ROA), does not show significant variation with any type of power generation. The findings suggest that market investors prefer solar, wind, and natural gas power generation, thereby attributing greater value (that is, demanding lower risk compensation) to green companies compared to traditional ones. These insights provide guidance to executives, investors, and policy makers on how the power generation mix can influence strategic decisions in the energy sector. Full article

The increasing demand for sustainable practices in road construction has prompted the search for environmentally friendly and cost-effective materials. This study explores the incorporation of reclaimed asphalt pavement (RAP) and Panasqueira mine waste (greywacke aggregates) as full replacements for virgin aggregates in hot mix asphalt (HMA), aligning with the objectives of UN Sustainable Development Goal 9. Three asphalt mixtures were prepared: a reference mixture (MR) with granite aggregates, and two modified mixtures (M15 and M20) with 15% and 20% RAP, respectively. All mixtures were evaluated through Marshall stability, stiffness modulus, water sensitivity, and wheel tracking tests. The results demonstrated that mixtures containing RAP and mine waste met Portuguese specifications for surface courses. Specifically, the M20 mixture showed the highest stiffness modulus, improved moisture resistance, and the best performance against permanent deformation. These improvements are attributed to the presence of stiff aged binder in RAP and the mechanical characteristics of the greywacke aggregates. Overall, the findings confirm that the combined use of RAP and mining waste provides a technically viable and sustainable alternative for asphalt pavement construction, contributing to resource efficiency and circular economy goals. Full article

The accumulation of end-of-life tires and the rapid increase in demolition activities pose significant environmental and waste-management challenges. The redevelopment of construction materials incorporating this waste is a potentially promising strategy for minimizing environmental impact while promoting the principles of a circular economy. This study investigates the performance of self-compacting concrete (SCC) incorporating up to 20% rubber aggregates (sand and gravel) and 40% recycled concrete aggregate (RCA) for non-structural applications. A series of tests was conducted to assess fresh and hardened properties, including flowability, compressive strength, tensile strength, flexural strength, water absorption, and density. The results indicated that increasing RCA content reduced density and compressive strength, while tensile and flexural strengths were only moderately affected. Response surface methodology (RSM), utilizing a Box–Behnken design, was employed to optimize compressive, tensile, and flexural strength responses. Statistical analysis was used to identify the optimal mix proportions, which balance the mechanical performance and sustainability of SCC with recycled components. Mixtures incorporating moderate rubber content—specifically, 5–5.5% sand rubber and 0–6% coarse rubber—and 40% recycled-concrete aggregate (RCA) achieved the highest predicted performance, with compressive strength ranging from 20.00 to 28.26 MPa, tensile strength from 2.16 to 2.85 MPa, and flexural strength reaching 5.81 MPa, making them suitable for sidewalks and walkways. Conversely, mixtures containing higher rubber proportions (5.5–20% sand rubber and 20% coarse rubber) combined with the same RCA level (40%) showed the lowest mechanical performance, with compressive strength between 5.2 and 10.08 MPa, tensile strength of 1.05–1.41 MPa, and flexural strength from 2.18 to 3.54 MPa. These findings underscore the broad performance range achievable through targeted optimization. They confirm the viability of recycled materials for producing environmentally friendly SCC in non-structural applications. Full article

As the world’s largest developing and carbon-emitting country, China is accelerating its greenhouse gas (GHG) emission reduction process, and it is of vital importance in achieving the goals set out in the Paris Agreement. This paper examines the historical development and current operation of China’s carbon emissions trading market (CETM). The current progress of research on the implementation of carbon emissions trading policy (CETP) is described in four dimensions: environment, economy, innovation, and society. The results show that CETP generates clear environmental and social benefits but exhibits mixed economic and innovation effects. Furthermore, this paper analyses the challenges of China’s carbon market, including the green paradox, the low carbon price, the imperfections in cap setting and allocation of allowances, the small scope of coverage, and the weakness of the legal supervision system. Ultimately, this paper proposes recommendations for fostering China’s CETM with the anticipation of offering a comprehensive outlook for future research. Full article

In response to the escalating climate crisis, reducing greenhouse gas emissions (GHG) has become a top priority for both the public and private sectors. The pavement industry plays a key role in this transition, offering innovative technologies that minimize environmental impacts without compromising performance. Among these, the incorporation of recycled tire rubber and warm-mix asphalt (WMA) additives represents a promising strategy to reduce energy consumption and resource depletion in road construction. This study conducts a comparative life cycle assessment (LCA) to evaluate the environmental performance of an asphalt pavement incorporating recycled rubber and a WMA additive—referred to as R-W asphalt—against a conventional hot-mix asphalt (HMA) pavement. The analysis follows the ISO 14040/44 standards, covering material production, transport, construction, and maintenance. Two service-life scenarios are considered: one assuming equivalent durability and another with a five-year extension for the R-W pavement. The results demonstrate environmental impact reductions of up to 57%, with average savings ranging from 32% to 52% across key impact categories such as climate change, land use, and resource use. These benefits are primarily attributed to lower production temperatures and extended maintenance intervals. The findings underscore the potential of R-W asphalt as a cleaner engineering solution aligned with circular economy principles and climate mitigation goals. Full article

In an era where digitalization shapes economic and social landscapes, the intersection of digital skills, ethics, and integrity plays a crucial role in understanding the vulnerability of youth classified as NEET (Not in Education, Employment, or Training). This study explores how risky internet use and digital skill gaps contribute to socio-economic exclusion, integrating a multivariate and spatial approach to assess regional disparities in Europe. This study adopts a systems thinking perspective to explore digital exclusion as an emergent outcome of multiple interrelated subsystems. The research employs logistic regression, Principal Component Analysis (PCA) with Promax rotation, and Geographic Information Systems (GIS) to examine the impact of digital behaviors on NEET status. Using Eurostat data aggregated at the country level for the period (2000–2023) across 28 European countries, this study evaluates 24 digital indicators covering social media usage, instant messaging, daily internet access, data protection awareness, and digital literacy levels. The findings reveal that low digital skills significantly increase the likelihood of being NEET, while excessive social media and internet use show mixed effects depending on socio-economic context. A strong negative correlation between digital security practices and NEET status suggests that youths with a higher awareness of online risks are less prone to socio-economic exclusion. The GIS analysis highlights regional disparities, where countries with limited digital access and lower literacy levels exhibit higher NEET rates. Digital exclusion is not merely a technological issue but a multidimensional socio-economic challenge. To reduce the NEET rate, policies must focus on enhancing digital skills, fostering online security awareness, and addressing regional disparities. Integrating GIS methods allows for the identification of territorial clusters with heightened digital vulnerabilities, guiding targeted interventions for improving youth employability in the digital economy. Full article

This study uses life cycle analysis (LCA) to evaluate the environmental impacts of co-firing bituminous coal with agricultural biomass waste, such as coconut and rice husks, emphasising circular economy principles. Seven experimental scenarios with different coal-to-biomass ratios were designed, ranging from pure coal to pure biomass. The results show that Scenario B (100% rice husk) achieved the best overall environmental performance, with the lowest global warming potential (300 kg CO₂ equivalent), eutrophication potential (4.742 kg PO₄ equivalent), and smog formation potential (0.012 kg C₂H₄ equivalent). Additionally, Scenario F (15% biomass mix) recorded the lowest acidification potential (57.39 kg SO₂ eq), indicating that even partial substitution can yield significant environmental benefits. In contrast, Scenario C (100% coal) exhibited the highest acidification (164.08 kg SO₂ eq) and eutrophication (8.82 kg PO₄ eq) potential. Overall, the results demonstrate that co-firing biomass waste significantly reduces pollutant emissions compared to burning coal alone. This study highlights the effectiveness of biomass waste co-firing in mitigating environmental impacts, promoting resource recovery, and supporting a sustainable energy transition within a circular economy framework. Full article

Morocco is facing a situation of alarming water stress, aggravated by climate change, overexploitation of resources, and unequal distribution of water, placing the country among the most vulnerable to water scarcity in the MENA region. This study aims to investigate the dynamic relationship between economic growth and water stress in Morocco while highlighting the importance of integrated water management and adaptive economic policies to enhance resilience to water scarcity. A mixed methodology, integrating both qualitative and quantitative methods, was adopted to overview the economic–environmental Moroccan context, and to empirically analyze the GDP (gross domestic product) and water stress in Morocco over the period 1975–2021 using an Autoregressive Distributed Lag (ARDL) approach. The empirical analysis is based on annual data sourced from the World Bank and FAO databases for GDP, agricultural value added, renewable internal freshwater resources, and water productivity. The results suggest that water productivity has a significant positive effect on economic growth, while the impacts of agricultural value added and renewable water resources are less significant and vary depending on the model specification. Diagnostic tests confirm the reliability of the ARDL model; however, the presence of outliers in certain years reflects the influence of exogenous shocks, such as severe droughts or policy changes, on the Moroccan economy. The key contribution of this study lies in the fact that it is the first to analyze the intrinsic link between economic growth and the environmental aspect of water in Morocco. According to our findings, it is imperative to continuously improve water productivity and adopt adaptive management, rooted in science and innovation, in order to ensure water security and support the sustainable economic development of Morocco. Full article

Industry 4.0 represents a significant transformation in industrial systems through digital integration, presenting both opportunities and challenges for aligning the workforce, especially in emerging economies like Thailand. This study adopts a sequential exploratory mixed-method approach to investigate how strategic human resource development (HRD) contributes to sustainable transformation, defined as the enduring alignment between workforce capabilities and technological advancement. The qualitative phase involved case studies of five Thai manufacturing firms at varying levels of Industry 4.0 adoption, utilizing semi-structured interviews with executives and HR leaders. Thematic findings informed the development of a structured survey, distributed to 144 firms. Partial Least Squares Structural Equation Modeling (PLS SEM) was used to test the hypothesized relationships among business pressures, leadership support, HRD preparedness, and technological readiness. The analysis reveals that business pressures significantly influence leadership and HRD, which in turn facilitate technological readiness. However, business pressures alone do not directly enhance readiness without the support of intermediaries. These results underscore the critical role of integrated HRD and leadership frameworks in enabling sustainable digital transformation. This study contributes to theoretical perspectives by integrating HRD, leadership, and technological readiness, offering practical guidance for firms aiming to navigate the complexities of Industry 4.0. Full article

As the global energy transition accelerates, the integration of solar power and artificial intelligence (AI) technologies offers new pathways for sustainable local development. This study examines four Serbian municipalities—Šabac, Sombor, Pirot, and Čačak—to assess how AI-enabled solar power systems can enhance energy resilience, reduce emissions, and support community-level sustainability goals. Using a mixed-method approach combining spatial analysis, predictive modeling, and stakeholder interviews, this research study evaluates the performance and institutional readiness of local governments in terms of implementing intelligent solar infrastructure. Key AI applications included solar potential mapping, demand-side management, and predictive maintenance of photovoltaic (PV) systems. Quantitative results show an improvement >60% in forecasting accuracy, a 64% reduction in system downtime, and a 9.7% increase in energy cost savings. These technical gains were accompanied by positive trends in SDG-aligned indicators, such as improved electricity access and local job creation in the green economy. Despite challenges related to data infrastructure, regulatory gaps, and limited AI literacy, this study finds that institutional coordination and leadership commitment are decisive for successful implementation. The proposed AI–Solar Integration for Local Sustainability (AISILS) framework offers a replicable model for emerging economies. Policy recommendations include investing in foundational digital infrastructure, promoting low-code AI platforms, and aligning AI–solar projects with SDG targets to attract EU and national funding. This study contributes new empirical evidence on the digital–renewable energy nexus in Southeast Europe and underscores the strategic role of AI in accelerating inclusive, data-driven energy transitions at the municipal level. Full article

To reduce the carbon footprint of the concrete industry and promote a circular economy, this study explores the reuse of waste materials such as glass powder (GP) and nitrile rubber (NR) fibres in concrete. However, the inclusion of these waste materials results in lower compressive strength compared to conventional concrete, limiting their application to non-structural elements. To overcome this limitation, this study adopts the concept of confined concrete by developing concrete-filled steel tube (CFST) stub columns. In total, twelve concrete mix variations were developed, with and without steel tube confinement. GP was utilised at replacement levels of 10–30% by weight of cement, while NR fibres were introduced at 0.5% and 1% by volume of concrete. The findings demonstrate that the incorporation of GP and NR fibres leads to a reduction in compressive strength, with a compounded effect observed when both materials are combined. Steel confinement within CFST columns effectively mitigated the strength reductions, restoring up to 17% of the lost capacity and significantly improving ductility and energy absorption capacity. All CFST columns exhibited consistent local outward buckling failure mode, irrespective of the concrete mix variations. A comparison with predictions from existing design codes and empirical models revealed discrepancies, underscoring the need for refined design approaches for CFST columns incorporating sustainable concrete infill. This study contributes valuable insights into the development of eco-friendly, high-performance structural systems, highlighting the potential of CFST technology in facilitating the adoption of waste materials in the construction sector. Full article

This study investigates the synergistic modification of cement–soil using waste brick powder (WBP) and polyvinyl alcohol (PVA) fibers to address the growing demand for sustainable construction materials and recycling of demolition waste. An orthogonal experimental design was employed with 5% WBP (by mass) and PVA fiber content (0–1%), evaluating mechanical properties based on unconfined compressive strength (UCS) and splitting tensile strength (STS) and microstructure via scanning electron microscopy (SEM) across 3–28 days of curing. The results demonstrate that 0.75% PVA optimizes performance, enhancing UCS by 28.3% (6.87 MPa) and STS by 34.6% (0.93 MPa) at 28 days compared to unmodified cement–soil. SEM analysis revealed that PVA fibers bridged microcracks, suppressing propagation, while WBP triggered pozzolanic reactions to densify the matrix. This dual mechanism concurrently improves mechanical durability and valorizes construction waste, offering a pathway to reduce reliance on virgin materials. This study establishes empirically validated mix ratios for eco-efficient cement–soil composites, advancing scalable solutions for low-carbon geotechnical applications. By aligning material innovation with circular economy principles, this work directly supports global de-carbonization targets in the construction sector. Full article

Glass powder, a non-degradable waste material, offers significant potential to reduce cement consumption and carbon emissions in concrete production. However, existing mix design methods for glass powder concrete (GPC) fail to systematically balance economic efficiency, environmental sustainability, and mechanical performance. To address this gap, this study proposes an AI-assisted framework integrating machine learning (ML) and Multi-Objective Optimization (MOO) to achieve a sustainable GPC design. A robust database of 1154 experimental records was developed, focusing on five key predictors: cement content, water-to-binder ratio, aggregate composition, glass powder content, and curing age. Seven ML models were optimized via Bayesian tuning, with the Ensemble Tree model achieving superior accuracy (R² = 0.959 on test data). SHapley Additive exPlanations (SHAP) analysis further elucidated the contribution mechanisms and underlying interactions of material components on GPC compressive strength. Subsequently, a MOO framework minimized unit cost and CO₂ emissions while meeting compressive strength targets (15–70 MPa), solved using the NSGA-II algorithm for Pareto solutions and TOPSIS for decision-making. The Pareto-optimal solutions provide actionable guidelines for engineers to align GPC design with circular economy principles and low-carbon policies. This work advances sustainable construction practices by bridging AI-driven innovation with building materials, directly supporting global goals for waste valorization and carbon neutrality. Full article

The development of slow-release fertilizers (SRFs) based on production residues is a promising strategy to improve nutrient use efficiency and promote circular economy practices in agriculture. In this study, a series of experimental formulations were designed and tested using pumice scraps, liquid and dried blood, and bone meal, aiming at producing sustainable and low-cost N-P-K SRFs. These were processed through mixing and granulation, both in the laboratory and on a semi-industrial scale. The formulations were evaluated through release tests in 2% citric acid solution simulating the acidic conditions of the rhizosphere, and in acetic acid to assess potential nutrient leaching under acid rain conditions. The results showed a progressive cumulative release of macronutrients (NPKs), ranging from approximately 8% at 24 h to 73% after 90 days for the most effective formulation (WBF6). Agronomic trials on lettuce confirmed the effectiveness of WBF6, resulting in significant biomass increases compared with both the untreated control and a conventional fertilizer. The use of livestock waste and minerals facilitated the development of a scalable product aligned with the principles of sustainable agriculture. The observed release behavior, combined with the simplicity of production, positions these formulations as a promising alternative to conventional slow-release fertilizers. Full article