Navigating Sustainable Development Goals (SDGs): Narrative Disclosure Approach

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Sustainability and Finance".

Deadline for manuscript submissions: 31 January 2025 | Viewed by 6085

Special Issue Editor


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Guest Editor
St Andrews Business School, University of St Andrews, Birmingham, UK
Interests: corporate narrative reporting; content and textual analysis; auditing; SDGs; climate change; corporate governance
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

This Special Issue aims to explore innovative business models for Sustainable Development Goals (SDGs). The evolving landscape of SDGs demands new approaches, integrating textual analysis, narrative disclosure and advanced technologies such as natural language processing (NLP) and machine learning. This issue will delve into SDGs, elucidating how businesses can forge sustainable practices while fostering transparency and responsibility.

(1) Introduction: We will provide a comprehensive overview of the scientific background, outlining the evolution of corporate responsibility and the growing significance of sustainable business models.

(2) Aim of the Special Issue: Our goal is to bridge the gap between innovative business practices, textual analysis and sustainable development within the journal's scope. We will explore how corporations, through advanced analysis and disclosure methodologies, can contribute significantly to sustainable development goals.

(3) Suggested themes: We invite submissions related, but not limited, to the following themes:

  • Innovative SDG strategies and implementation;
  • Textual and narrative analysis of SDGs;
  • Integrating NLP and machine learning for SDG evaluation;
  • Stakeholder engagement and sustainable business models;
  • Evaluation of SDG impact;
  • Ethical and social implications of SDGs.

In this Special Issue, we welcome original research articles and reviews, offering diverse perspectives and insights into the Sustainable Development Goals. Contributors are encouraged to explore interdisciplinary approaches, enhancing our understanding of sustainable business practices in a rapidly changing world.

We look forward to receiving your contributions.

Dr. Mahmoud Elmarzouky
Guest Editor

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Keywords

  • sustainable development goals (SDGs)
  • textual analysis
  • narrative disclosure
  • natural language processing (NLP)
  • sustainable business practices
  • SDG evaluation

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Published Papers (3 papers)

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Research

17 pages, 726 KiB  
Article
Investigating the Relationship between Energy Consumption and Environmental Degradation with the Moderating Influence of Technological Innovation
by Suzan Sameer Issa, Mosab I. Tabash, Adel Ahmed, Hosam Alden Riyadh, Mohammed Alnahhal and Manishkumar Varma
J. Risk Financial Manag. 2024, 17(9), 419; https://doi.org/10.3390/jrfm17090419 - 21 Sep 2024
Viewed by 984
Abstract
Energy consumption (ECON) in BRICS countries is fueled by fossil fuels, mainly coal. Increased environmental degradation (ED) in BRICS countries is mostly driven by coal consumption. This study utilizes quantile regression for the analysis, enabling the development of targeted energy reorganization and emission [...] Read more.
Energy consumption (ECON) in BRICS countries is fueled by fossil fuels, mainly coal. Increased environmental degradation (ED) in BRICS countries is mostly driven by coal consumption. This study utilizes quantile regression for the analysis, enabling the development of targeted energy reorganization and emission reduction policies in BRICS countries. This study uses data spanning from 1990 to 2022 to explore the impact of ECON on ED. Additionally, technological innovation was used to create a moderating role in the nexus between ECON and ED. The model focuses on CO2 emissions and the ecological footprint across ten BRICS countries. Among the nations included in the panel, the results indicate a significant dependence on cross-sectional factors. The study shows that ECON has a detrimental impact on ED across all quantiles. However, technological innovation reduces ED. In terms of a moderating role, technological innovation mitigates the negative influence of ECON on ED. Therefore, it is necessary to implement distinct policies in order to accomplish carbon emission reduction goals in various countries. Full article
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23 pages, 2621 KiB  
Article
Digital-Platform-Based Ecosystems: CSR Innovations during Crises
by Enoch Opare Mintah and Mahmoud Elmarzouky
J. Risk Financial Manag. 2024, 17(6), 247; https://doi.org/10.3390/jrfm17060247 - 12 Jun 2024
Cited by 2 | Viewed by 1405
Abstract
Humanitarian crises caused by war, natural disasters, famine, or disease outbreaks are growing globally and are persistent human tragedies threatening human health, safety, and well-being. Digital-platform-based ecosystems’ corporate social responsibility (CSR) activities have become a vital tool to support humans during crises. However, [...] Read more.
Humanitarian crises caused by war, natural disasters, famine, or disease outbreaks are growing globally and are persistent human tragedies threatening human health, safety, and well-being. Digital-platform-based ecosystems’ corporate social responsibility (CSR) activities have become a vital tool to support humans during crises. However, little is known about the impact of the innovative CSR practices of digital-platform-based ecosystems during a crisis. Therefore, this study investigates this crucial question. Building on dynamic capabilities theory and using thematic analysis of 89 news articles and data from website sources and reports relating to Airbnb Inc.’s CSR innovation in the Afghan 2021 and the Russia–Ukraine 2022 humanitarian crises, we find that strategic digital-platform-based ecosystem-driven CSR interventions during crises can be helpful for society and for businesses. The results suggest Airbnb.org leveraged its resources and capabilities to provide innovative, quick, and timely responses to redefine refugee resettlement, promoting a platform to harness community partnerships, creating a robust collaboration model with international non-governmental organizations and non-governmental organizations, and initiating a novel financial inclusion strategy for refugees and displaced persons. This result also implies that CSR technological innovations during s crisis can be theoretically explained and have further significant implications for policymakers, companies, and societal stakeholders. Full article
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21 pages, 328 KiB  
Article
What Is the Relationship between Corporate Social Responsibility and Financial Performance in the UK Banking Sector?
by George Giannopoulos, Nicholas Pilcher and Ioannis Salmon
J. Risk Financial Manag. 2024, 17(5), 187; https://doi.org/10.3390/jrfm17050187 - 1 May 2024
Cited by 1 | Viewed by 3173
Abstract
This study rigorously investigates the intricate dynamics between Corporate Social Responsibility (CSR), quantified through Environmental, Social, and Governance (ESG) scores, and financial performance (FP), measured via the return on assets (ROA) and return on equity (ROE), within the UK banking sector. Our analysis [...] Read more.
This study rigorously investigates the intricate dynamics between Corporate Social Responsibility (CSR), quantified through Environmental, Social, and Governance (ESG) scores, and financial performance (FP), measured via the return on assets (ROA) and return on equity (ROE), within the UK banking sector. Our analysis is based on a comprehensive dataset from Bloomberg. This research encapsulates data from 32 banks publicly listed on the London Stock Exchange over a six-year span from 2017 to 2022. Employing panel data regression models while controlling leverage and bank size, we delve into the relationship between banks’ CSR engagements, as reflected in their ESG scores, and their financial outcomes. Our findings indicate a negative correlation between the ESG score and both the ROA and ROE, suggesting that elevated CSR commitments may inversely impact short-term financial returns. This finding not only challenges prevailing narratives within the sector but also fosters a crucial discourse on the balance between ethical banking practices and profitability. The implications of this research study are manifold, extending to policymakers, banking executives, and investors, suggesting a revaluation of CSR strategies in alignment with long-term value creation and sustainable banking. This study not only enriches academic discourse on CSR within the financial sector but also serves as a beacon for future inquiries into the evolving landscape of responsible banking, advocating for a nuanced understanding of CSR’s role in shaping the financial and ethical contours of the banking industry. Full article
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