Sustainable Development Indicators Research Articles

Prioritizing big data applications in E-commerce considering sustainable development indicators

During the Covid-19 pandemic, when strict restrictions were imposed to protect public health, e-commerce played a significant role in providing products on time. E-commerce technology and big data analytics enable companies to gain competitive advantages and respond to customers more efficiently. To make e-commerce more sustainable, the three dimensions of sustainability must be met, otherwise it can have negative consequences that lead to ecosystem destruction. Thus, e-commerce must learn how to effectively manage certain aspects of sustainability and adapt its operations to achieve balance. E-commerce's impact on sustainability can be measured in three pillars: economic, social and environmental and achieving a balance among these is the ultimate goal of sustainable development. Although the sustainability issue and big data analytics have gained increasing popularity in recent years, there is still a gap in evaluating applications of big data based on sustainable development indicators. In this study, we used a hybrid multi-criteria decision-making technique combining fuzzy TOPSIS and BWM to assess big data applications in e-commerce considering sustainable development indicators. The results showed environmental sustainability and energy consumption efficiency received the highest weight for the main pillars and sub criteria of sustainability indicators. Coordinating and monitoring supply chain processes, innovating product, process and business models, and creating new products and services are the top three applications of big data in e-commerce considering sustainable development indicators. E-commerce managers and experts can make better decisions about sustainable approaches by prioritizing big data applications based on sustainable development indicators. In addition, the proposed approach can also be used to evaluate big data analytics in other industries that consider sustainable development indicators.

Assessing the urban sustainable development level in the Henan region of the Yellow River Basin based on spatial data

Urban sustainability assessment is fundamental to ensuring the long-term resilience of social, environmental, and economic development. This study proposed a comprehensive evaluation system to assess the sustainable development of the HYRB during 2000–2020 through an integrated sustainable development index (SDI) based on entropy method with spatial data. The major findings of this study were as follows: (1) The SDI of the HYRB increased from 0.438 to 0.489 from 2000 to 2010, while the SDI slightly decreased by 0.026 during 2010–2020. (2) The highest SDIs of 2000 (0.502), 2010 (0.529) and 2020 (0.480) were found in Anyang. Conversely, the lowest SDIs of 2000 (0.390), 2010 (0.459) and 2020 (0.417) were located in Zhengzhou. (3) The SDI variation across regions became more evident in the later study period. This study offers a comprehensive assessment of sustainability levels in the HYRB, providing useful implications for its future sustainable development.

ИНТЕГРАЦИЯ ПРИНЦИПОВ «ЗЕЛЕНОГО РОСТА» В ПРОЦЕСС СТРАТЕГИЧЕСКОГО ПЛАНИРОВАНИЯ

This article examines the issue of integrating the principles of “green growth” into the strategic planning process of organizations. The main focus is on analyzing how the principles of sustainable development and environmental protection can be implemented into strategic plans in order to create sustainable and competitive business models. The key principles of “green growth” are considered, such as environmental responsibility, energy efficiency, sustainable use of resources and innovations in the field of ecology. Methods and tools for integrating these principles into strategic planning, including setting goals and indicators for sustainable development, environmental impact analysis and the introduction of green technologies, are also considered.

ОЦЕНКА СОВРЕМЕННОГО СОСТОЯНИЯ РАСТИТЕЛЬНОГО ПОКРОВА Г. ОБЛУЧЬЕ ПО МУЛЬТИСПЕКТРАЛЬНЫМ ДАННЫМ

A sustainable development of regional towns and small settlements demands the urban modern landscape infrastructure study and assessment. For this purpose, geoinformation systems and remote sensing data are widespread used. The aim of the study was to analyze the green spaces in the small town of Obluchye (Jewish Autonomous region) using multispectral data with an assessment of indicators of the town sustainable development. The sources of information were as follows: Sentinel-2A multispectral products, the Rules of land use and development for Obluchye, field research materials, ICARP FEB RAS stock materials, special literature. The identification and analysis of green spaces distribution in Obluchye are based on calculation results of the normalized vegetation index (NDVI). It is stated that the NDVI value of 0.55 or more is the boundary value for the allocation of green spaces in Obluchye; 0.75 or more - for woody vegetation. The NDVI boundary value of 0.55...0.74 is for herbaceous and shrubby vegetation on lawns, unsettled areas, as well as for natural and produced meadows. The NDVI values of 0.75 or more in the image determine the forest vegetation of the Obluchye recreation zone, tree and shrub thickets along riverbeds and floodplain forests, and woodlands in the town built-up zone. The green spaces distribution across the town functional zones is uneven. The high and very high landscaping areas are characteristic of the Obluchye periphery and correspond to the zones of recreational and residential development. In most cases, tree plantations are located in a recreational area, mainly outside the town. However, all urban development zones have high values of landscaping average level (from 71 to 93%). The calculated indicators of sustainable development in Obluchye show, on the one hand, a significant exceeding level of landscaping (53%), as compared to the established norms (at least 40%). On the other hand, the share of green areas of common use in the total area of green spaces in Obluchye is very low – only 1.6%. Thus, there is a need in a qualitative improvement of green infrastructure in the town of Obluchye.

Quantitative models for interconnection of indicators for sustainable development of oil companies

Currently, there is an established understanding of the importance of the role and efforts of business, including the oil business, in achieving the global goals of sustainable development set by the UN, which determine the need to implement an integrated and balanced approach to development in the economic, environmental and social aspects The formation, implementation and adjustment of sustainable development strategies for oil companies of Russian origin are considered on the example of the sustainable development strategy of PJSC LUKOIL, a vertically integrated private transnational oil company, which accounts for 2% of world oil production and 1% of proven hydrocarbon reserves. The article is devoted to the results of studying the relationship between individual indicators of sustainable development on the basis of sectoral statistics tools. The study is based on the hypothesis of the relationship between the level of the company's capitalization and such an indicator of sustainable development as the replenishment of hydrocarbon reserves as a result of geological exploration. The relevance of the article is determined by the need to ensure production with hydrocarbon reserves and the rational use of non-renewable natural resources, as well as to study the attitude of oil companies to the prospects for the development of their main business in an unstable economy and the need to adjust strategies. The authors made an attempt to determine the closeness of the relationship between these indicators using the correlation regression analysis.

ЦИФРОВИЗАЦИЯ КАК ФАКТОР УСТОЙЧИВОГО РАЗВИТИЯ ОРГАНИЗАЦИЙ ВЫСШЕГО ОБРАЗОВАНИЯ

Innovative processes in our country, historically conditioned by the development of the national economy, are the basis for the transition from one technological mode to another. There is an active introduction and use of digital technologies in all spheres of society. It is important to note that digital technologies for the country are a kind of driver for the development of the national economy (national economy), increasing the competitiveness of economic entities, while at the same time ensuring sustainable development in general. Under these conditions, the importance and responsibility of the education system to society has significantly increased and made higher education a key factor in the transition to sustainable development. Given the role of universities in preparing new generations and society for a more sustainable future, it has become important to measure the introduction of digital technologies in higher education institutions as an indicator of sustainable development and their impacts on sustainability. The article discusses the importance of taking into account the digitalization process in reports on sustainable development in higher education institutions. The relevance of the study is related to the need to adapt sustainable development reports to increase their applicability in the context of higher education by introducing additional indicators characterizing the digitalization process into the main sections of non-financial reports.

РОЛЬ БЮДЖЕТОВ В УСТОЙЧИВОМ РАЗВИТИИ ТЕРРИТОРИЙ: ЭКОЛОГИЧЕСКОМ, СОЦИАЛЬНО-КУЛЬТУРНОМ, ЭКОНОМИЧЕСКОМ

In the article the authors raise important questions about the role of budgets in the sustainable development of territories, because If budget expenditures are not included for measures to develop environmental, socio-cultural and economic issues then the goals of sustainable development of the territory and the economy as a whole cannot be achieved. The role of municipalities in sustainable development is being transformed in modern conditions and municipal finances are becoming not only the economic basis of local self-government, but also the political exchange «state-population». It seems that the role of budget sustainability in the balanced development of territories is also increasing. Analysis of the conceptual apparatus, approaches to assessing sustainable development and strategic planning documents allows us to draw a logical conclusion about the need to create unity in theoretical, methodological and legislative approaches to the issues of sustainable development of territories. Budget sustainability indicators are crucial in assessing the sustainable development of a territory. It is argued in the article that the development of the socio-cultural sphere should be the starting point for achieving sustainable development. It is essential to consider budget sustainability alongside other indicators to ensure long-term success and resilience in a territory’s development. By prioritizing the socio-cultural sphere, a holistic approach to sustainable development can be achieved, ensuring the well-being of current and future generations. Using the example of the implementation of state programs in the socio-cultural sphere and the strategy for the formation of «Smart» regions (using the example of St. Petersburg), the authors present a comprehensive analysis of the connection between sustainable development indicators and the sustainable budget of individual subjects of the Russian Federation and the state as a whole.

Technical approach to rating of companies in the Arctic Zone based on sustainable development indicators

Technical approach to rating of companies in the Arctic Zone based on sustainable development indicators

Stock Market Response to Changes in the Sustainable Development Index: Russian Experience

Stock Market Response to Changes in the Sustainable Development Index: Russian Experience

The Sustainable Development Index: An integration to the ecological framework considering the correlation between governance and development

The Sustainable Development Index: An integration to the ecological framework considering the correlation between governance and development

Značaj strateškog pristupa evropske unije za napredak u ostvarivanju ciljeva održivog razvoja

Sustainable development is a process with continuous changes in the relationships between social, economic, and natural systems and processes. This is a long-term process and requires carefully guided and gradual development policies, as the complex challenges faced by humanity on a global level. Some of the contemporary challenges of sustainable development include: raising the level of ecological awareness of people, increasing responsibility, applying economic instruments and innovative solutions to environmental protection issues, etc. Therefore, a strategic approach to sustainable development and environmental protection is necessary. By studying initiatives and achieved results that the EU has aimed in the previous period, viewed through the prism of sustainability, climate action, and the fight against poverty, this paper highlights significant steps that the EU has taken in these key areas, but also key challenges in the future. The paper employs statistical data analysis from the Sustainable Development Goals Report to assess the ten-year progress of EU countries. The obtained results indicate that all EU-27 have shown an increase in the Sustainable Development Index in the period 2012/2022. Based on the analysis of achieved results, the aim of the paper is to highlight significant successes, but also to identify areas where additional efforts should be invested and attention should be directed in future EU sustainable initiatives.

Basic directions and possibilities of sustainable development of tourism from the aspect of economic indicators of sustainability: Mountains case study

The paper deals with the concept of sustainable tourism in mountainous, rural areas of Serbia and its economic indicators, i.e., the impact of economic indicators of sustainability on the local community, to point out the potential directions of tourism development. The research was conducted in selected rural areas of Zlatibor, Kopaonik, Stara Planina, and Fruška Gora. Respondents expressed their opinions on the issue of sustainable tourism development, how sustainable tourism has contributed to the local community and the local population, which elements of sustainability have been fulfilled, and in what way. It was concluded that residents of rural mountain destinations believe that truism directly and positively affects the sustainable development of rural destinations. Development indicators such as Income, Standard of living, employment possibility, Tourism, Investments, Women's entrepreneurship, and women empowerment, have shown a significant increase from the tourism development. Thus confirming the initial hypothesis H that the economic indicators of sustainable tourism development provide a better quality of life for local communities.

Aesthetic Indicators for Sustainable Road Development in Kenya

Aesthetic Indicators for Sustainable Road Development in Kenya

Cost-Benefit Analysis of Urban Green Infrastructures: A Case Study of the LiuChuan River Corridor, Taichung City, from Linsenliu Bridge to Minquanliu Bridge

Green infrastructure has been shown to play the role of adaptation and adjustment under the effect of harsh climate. The creation of urban green infrastructure is an important indicator of sustainable urban development, and determining the cost-effectiveness of green infrastructure is a necessary step to help investment decisions. The whole economic worth of Taichung City’s Liuchuan pollution cleanup and environmental improvement project is examined using cost-benefit analysis from three perspectives: investment value, tangible value, and intangible value. The study findings demonstrate that green infrastructure has long-term development value and can help the sustainable development of cities.

The development of an ESG-rating model to assess the probability of default of corporate borrowers

Nowadays, Russian banks are developing and updating models for assessing the probability of default (PD) for various risk segments of corporate borrowers. This is to enable the use of rating models when assessing regulatory capital, in compliance with the requirements of the Regulations of the Bank of Russia. The application of rating models allows credit institutions to more accurately distribute regulatory and economic capital among borrowers, calculate reserves according to RAS and IFRS, set interest rates for transactions with borrowers as part of the pricing procedure, and conduct stress testing of both borrower portfolios and individual borrowers. The results of stress testing can then be incorporated into strategic planning.One of the Regulator’s requirements is to consider assessments of sustainable development and responsible financing ESG (environmental, social, and corporate governance) indicators as part of the credit risk management procedure, particularly in the development of models for assessing the probability of default. This research focuses on the development of an integral module (ESG rating) that includes ESG indicators. The aim is to improve the accuracy of existing models for assessing the probability of default (PD models) for corporate borrowers through the use of ESG factors. The findings of this research can be utilized by Russian banks to enhance the discriminatory and predictive capabilities of their own PD models, and by the regulator to understand the set of ESG indicators that impact the creditworthiness of corporate borrowers.

Do the credits of the state-owned development and investment bank trigger sustainable economic development? Evidence of İller Bank for Turkey

This study aims to determine the effect of the İller Bank's credits on the sustainable economic development of Turkey between the 1981–2022 period. The study also employs the main analysis using the autoregressive distributed lag (ARDL) bounds model and robustness checks using the fully modified least square (FMOLS) and canonical cointegration analyses. ARDL model findings prove that the İller Bank's credits positively affect sustainable economic development indicators. Thus, governments should make the appropriate regulations to increase the investment credits for the growth of sustainable economic development and optimally enlarge the adaptive mechanism of credits by funding from the capital markets.

Turizam u funkciji održivog ruralnog razvoja na prostoru Novog Pazara

In insufficiently developed areas of Serbia, natural and anthropogenic tourist values are of great importance for sustainable rural development. In this study, a survey was conducted using the method of selecting respondents, where the analysis of economic, social, cultural, and environmental aspects took into consideration the current situation, with the goal of clearly defining all the strengths and weaknesses of rural settlements in Novi Pazar. The average values of related issues were used to calculate the value of the indicators, while the Sustainable Rural Development Index (SRDI) was determined by the average values of all indicators. The final outcome of the SRDI is 0.94, indicating that the area holds the potential to develop sustainable tourism. The results of the research can be used to plan the possibilities for further development of rural settlements in the researched area in order to minimize weaknesses and threats and maximize strengths and opportunities with the help of tourism based on sustainable development.

ОЦІНКА ЕКОЛОГІЧНОЇ ЕФЕКТИВНОСТІ В УКРАЇНІ ТА ЄС: МОЖЛИВОСТІ ЗАСТОСУВАННЯ ДЛЯ ПІДПРИЄМСТВ З ВИРОБНИЦТВА ЦЕМЕНТУ

The purpose of the article is to assess environmental performance in Ukraine and the countries of the European Union using the method of taxonomic analysis. To assess environmental performance and compare its value in Ukraine with EU countries, the author selected six main environmental indicators. Their statistical characteristics according to the data of 2022 allow us to assert a significant differentiation of countries according to individual environmental indicators. Taking into account the significant impact of the specified indicators on environmental performance, the level of environmental performance in EU countries and Ukraine in 2022 was estimated based on the taxonomic analysis method. The integrated indicator calculated from the taxonomic analysis shows low environmental performance in 2022 in the selected countries, as the maximum value is only 0.540 (Malta). The value of the integral indicator for Ukraine is 0.091 and, together with Belgium and Bulgaria, it is at the very bottom of the formed rating. Therefore, environmental performance in Ukraine is significantly lower compared to the vast majority of EU countries, which creates the need for the spread of socially responsible environmental direction by enterprises, the introduction of "green" innovations and constant communication with stakeholders. The proposed methodical approach can have practical application in assessing the environmental performance of cement production enterprises, because all the largest cement producers in Ukraine adhere to the principles of socially responsible activity to achieve the goals of sustainable development. At PJSC "Ivano-Frankivskcement", the environmental component of CSR is realized through the use of own raw materials, waste minimization thanks to the internal exchange of resources between different productions. The priority of PJSC "Kryviy Rig Cement" is the fulfillment of all environmental protection requirements, the constant search and implementation of projects that lead to a reduction of the impact on the environment. For CEMARK, caring for the environment is one of the key principles on which the company's activities are based. PJSC "Dickerhoff Cement Ukraine" applies a systematic approach to solving the tasks of sustainable development by implementing corporate policy and improving key indicators of sustainable development.

Мониторинг обрабатывающей промышленности: оценка устойчивого развития

The article presents and tests a methodology for assessing the sustainable development of the Russian manufacturing industry, based on publicly available annual data from the Federal State Statistics Service (Rosstat) and the Ministry of Natural Resources and Environment of the Russian Federation over the period 2010-2022. To assess the sustainability of the industry, 32 indicators from three main areas - economic (13), social (10), and environmental (9) - were used. These indicators include measures of output, investment, fixed assets, innovation, efficiency of resource use, profitability, organization of employment, labor protection, occupational safety and health, wages, environmental investments, waste management, atmospheric and water pollution, and energy consumption. All indicators were standardized and subjected to logical checks to ensure that an increase in their values corresponded to an improvement in the relevant aspect of the industry. This allowed for a comprehensive assessment of the sustainability of Russian manufacturing. Estimates using the proposed methodology demonstrate the degree of change in indicators over time and do not necessitate the presence of normative values, which may be controversial. The findings indicate an increase in the overall indicator of sustainable development for the analyzed period of 17.9%. Approximately half of this increase is due to improvements in the environmental sector, which rose by 28%. The economic and social components contributed approximately a quarter each to the improvement in the composite measure of sustainable development in the manufacturing industry, rising by 13.4% and 13% respectively over the review period. Problem areas have also been identified where improvement is minimal or the situation is worsening: the situation with fixed assets, innovation, waste management and employment.

Ecological and economic indicators of sustainable development of regions

This article is a comprehensive study of environmental and economic indicators related to sustainable development of regions. The authors highlight various aspects of the interaction between the state of the environment and economic indicators, analyzing their impact on the sustainability of regional ecosystems and the well-being of the population. The article discusses in detail methods for collecting and analyzing data on environmental and economic indicators, and also identifies key factors influencing the sustainable development of regions. Based on the analysis, the authors offer practical recommendations and strategies for improving the sustainability of regional ecosystems and economic growth, taking into account environmental aspects. The study aims to ensure more effective management of regional resources and create conditions for sustainable and balanced development in the long term.