The role of corporate governance and environmental and social responsibilities on the achievement of sustainable development goals in Malaysian logistic companies

Globally, sustainable development goals (SDGs) have gained significant importance due to the uncertain environmental and economic condition that needs researchers’ attention. Therefore, the present paper aims to scrutinize the effect of environmental and social responsibilities and corporate governance on the achievement of SDGs of logistic firms in Malaysia. The present research also examines the mediating impact of innovative culture among the linkage of environmental and social responsibilities, corporate governance, and achievement of SDGs of logistic firms in Malaysia. The current article has applied the questionnaire method to gather the primary data from selected respondents. The present research also applied the Smart-PLS to analyze the primary data using measurement and structural model assessment. The results indicated that environmental and social responsibilities have a positive linkage with the achievement of SDGs of logistic firms in Malaysia. The findings also exposed that innovative culture significantly mediates the relationship between environmental and social responsibilities and the achievement of SDGs of logistic firms in Malaysia. The present article has provided the guidelines to the policymakers while formulating the regulations and policies related to the achievement of SDGs in the organization

A gateway towards a sustainable environment in emerging countries: the nexus between green energy and human Capital

The nexus between economic growth (EG) and carbon emission has been examined extensively, specifically in consumption-based CO2. However, the role of human capital, green energy, and sustainable economic growth in determining the carbon emission is yet to be explored specifically from emerging economies. This study aimed to examine the impact of human capital index, green energy, EG in terms of GDP, and square of GDP on carbon emission for long-short run with the help of CS-ARDL. The data for study variables was collected from 1995 to 2018. The study findings confirmed that there exists CSD, cointegration, and slope heterogeneity among the study variables. In contrast, the output through CS-ARDL indicated that the main reason for higher carbon emission in the targeted economies are economic growth under long-short run estimation. Additionally, the role of green energy and human capital index is also constructive in lowering the environmental degradation for both long-run and short-run estimation. Finally, some policy implications are also convassed at the end of the research

A novel approach for sustainable supply Chain management with analyzing the effective governance under fuzzy uncertainty

Nowadays, knowledge has become one of the most important tools of power, distributing public services that accept the audience as citizens and not consumers and provide the principle of services without financial worries. Moreover, the urban products have a specific production and distribution channel that should be assessed. In this research, a mathematical framework is proposed for designing the supply chain network of urban products. The main contribution of this research is to incorporate the effect of public service into urban products' supply chain planning. In this regard, a mixed-integer mathematical model is proposed. In this mathematical model, an attempt is made to minimize the costs of the product distribution system by considering the effects of production, maintenance, and distribution. Moreover, fuzzy uncertainty has been applied to adapt the mathematical model to real conditions. The numerical results show that if manufacturers and distributors want to strengthen their institutions and maintain their leadership roles as in the past, they can optimize their distribution network structure to achieve the best possible performance. Moreover, technological advances and innovations in production and distribution systems can create a huge leap in profitability

The nexus between COVID-19 fear and stock market volatility

This study described an empirical link between COVID-19 fear and stock market volatility. Studying COVID-19 fear with stock market volatility is crucial for planning adequate portfolio diversification in international financial markets. The study used AR (1) – GARCH (1,1) to measure stock market volatility associated with the COVID-19 pandemic. Our findings suggest that COVID-19 fear is the ultimate cause driving public attention and stock market volatility. The results demonstrate that stock market performance and GDP growth decreased significantly through average increases during the pandemic. Further, with a 1% increase in COVID-19 cases, the stock return and GDP decreased by 0.8%, 0.56%, respectively. However, GDP growth demonstrated a slight movement with stock exchange. Moreover, public attention to the attitude of buying or selling was highly dependent on the COVID-19 pandemic reported cases index, death index, and global fear index. Consequently, investment in the gold market, rather than in the stock market, is recommended. The study also suggests policy implications for key stakeholders

The role of green finance, eco-innovation, and creativity in the sustainable development goals of ASEAN countries

Recently, sustainable development has become a global requirement. Every country strives to achieve this essential goal, and this attracts the attention of researchers and policymakers. This study investigates the impact of green finance, eco-innovation, and creativity on the sustainable development goals in ASEAN countries. Using CUP-FM and CUP-BC techniques, the study examines the association between variables, and finds that green finance (such as green credit), renewable energy production, eco-innovation, and creativity, have positive associations with sustainable development goals. The control variable, economic growth, has a negative association with sustainable development goals. Based on the evidence, the ASEAN region must increase the quantity of green bonds as a part of green finance. This financial measure would guarantee adequate returns for private investors

The role of technological innovation and cleaner energy towards the environment in ASEAN countries: proposing a policy for sustainable development goals

The association between economic growth (EG) and environmental degradation (ED) has been highlighted extensively in prior studies. However, investigation regarding ‘technological innovation and clean energy role’ in dealing with environmental concerns has comprised limited context while considering the ASEAN economies under sustainable development goals. Therefore, the study attempts to investigate the phenomenon by using CS-ARDL analysis under short as well as long run. The findings through CSARDL in long- and short-run indicate that REN have impact carbon emission and ecological footprints negatively. Additionally, the EG in targeted economies is causing a higher level of CE and ecological footprints. Whereas, GDP2ofund to be significant in lowering the ED in the form of CE and ecological footprints. It is suggested that policies related to CE through EG should be developed in order to control the environmental issues in the future

Evaluating green innovation and performance of financial development: mediating concerns of environmental regulation

This research measures the relationship between green innovation and the performance of financial development by using an econometric estimation during the year of 2000 to 2018 in 28 Chinese provinces. It is intended to explore the relative role of green technological innovation in driving green financial development in the west and central China, as well as how it influences economic growth in these regions. Ordinary least square (OLS) framework was utilized in mainland China to perform empirical studies by using an econometric estimation. This study claims that China has adopted research-based education system, while those for economic growth and expenditure in the regions while the innovation parts results shows that the tertiary education were 12.42% and 13.53% versus the 10.50% and 10.6% in the eastern area. The research-based education increases the patents in green innovation and boosts the environmental policy. The financial development led to green technological development and innovation. Green innovation and financial development decrease the emissions, and it is apparent that as environmental regulations stimulate technical development, the superiority of human resources increases. The findings indicate that green financing reduces short-term lending, thus limiting clean energy overinvestment, while the long-term loans have little impact on renewable energy overinvestment, and the intermediary effect is unmaintainable. Meanwhile, the green financial growth will reduce renewable energy overinvestment and increase renewable energy investment productivity to certain amount

The role of information and communication technology in encountering environmental degradation: Proposing an SDG framework for the BRICS countries

Sustainability through information and communication technologies is a complex matter, raising interesting debate among researchers. Pursuing the same, this research investigates the impact of information and communication technologies, economic growth, and financial development on carbon dioxide emissions by simultaneously testing the Environmental Kuznets curve (EKC) hypothesis in BRICS countries. In doing so, this study employs Methods of Moments - Quantile Regression, which confirms that the effects of the explanatory variables vary across different quantiles of carbon dioxide emissions. The overall results indicate that economic growth and financial development contribute to carbon dioxide emissions across all quantiles, while information and communication technologies significantly mitigate the level of carbon dioxide emissions only at lower emissions quantiles. Moreover, the results confirm the presence of the EKC hypothesis. Interestingly, the effect of economic growth and information and communication technologies on carbon dioxide emissions is lowest in magnitude at lower quantiles and highest at higher quantiles of carbon dioxide emissions. The empirical findings of DH panel heterogenous causality test confirm bidirectional causality between the model parameters, indicating that any policy intervention concerning explanatory variables significantly causes carbon dioxide emissions and vice versa. The results set out the foundation for policymakers to devise a policy framework to attain the objectives of Sustainable Development Goals (SDGs)

Assessing the capacity of renewable power production for green energy system: a way forward towards zero carbon electrification

Ghana suffers from inadequate power supply due to increasing demand though it is amongst the African nations with the highest access to electricity. This research aims to assess the techno-economic potential of wind and solar energy potential for Ghana’s northern part. We employ the Weibull distribution function, levelized cost of energy, and net present cost metrics for the economic study. The wind and solar energy resource’s structure generated 72,284 kWh yearly. Both systems were identified to be too expensive if implemented under the current financing conditions in the country. The PV systems generated 38,859 kWh/ year, representing 53.76% of the total electricity generated in a year, generating renewable hydrogen in the country. The findings show that sizing and management of renewable plants will fulfill the basic annual cooking demands of the populations, which are 785 kg H2 in Ghana. The countries’ capacity for developing solar hydrogen plants is further suggested by generating new solar hydrogen opportunity charts. Considering the significance of hydrogen energy under the renewable energy output, we recommend using hybrid systems for hydrogen production. The findings reveal which flexibility options are critical in key stages of the energy transition to a 70, 80, 90, and 100% renewable energy system

Vertical financial disparity, energy prices and emission reduction: Empirical insights from Pakistan

The economic and environmental aspects of energy production have become important due to the increasing complexity energy sector and environmental pollution, warranting to test the connection between financial imbalances, energy prices and carbon emission. The study aims to test the impact of vertical fiscal imbalances (VFI) on energy prices and carbon emission trends by considering the dual-perspectives of environmental regulation and industrial structure. The empirical outcomes indicated that vertical fiscal imbalances limited the environmental quality of Pakistan. Furthermore, VFI also caused environmental degradation by affecting industrial structure. VFI inhibits the intensity of environmental regulation, promotes the upgrade of industrial structures, both of which cause additional carbon emissions. The study suggest to energy ministries and energy regulation offices to revisit the mechanism of energy prices determination and revised mechanism should provide a user-friendly assessment to understand the actual costs associated with the rising concern of environmental pollution. By this, environmental protection maximization and optimal energy conservation is expected to increase. Based on empirical findings, the study extends the suggestion that vertical fiscal imbalances should be considered an active indicator by the key policy makers and other stakeholders for energy prices determination and environmental quality upgradation