{"title":"The Effect of Green Announcements on Stock Returns of New Zealand Listed Companies","authors":"David K. Ding","doi":"10.20900/jsr20200037","DOIUrl":"https://doi.org/10.20900/jsr20200037","url":null,"abstract":"The purpose of this paper is to investigate the effect of corporate green announcements on the stock performance of listed companies in New Zealand. We find that the market has a positive, though not significant, reaction to the announcements. New Zealand companies are largely viewed to be already quite green at the onset and the market is not very much surprised by such announcements but expect them to continue being green. Our results are consistent with the view that to be green is costly, especially so in a developed economy where the cost of doing business is high. Our findings underscore the importance for corporate managers in New Zealand that, while any positive green announcements that they make might not have a significant market reaction, they are nonetheless positive.","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130176604","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Comparing Goal Setting Approaches to Boosting Pro-Environmental Behaviors","authors":"Sandy Staples, J. Webster, Shunan Lv","doi":"10.20900/jsr20200034","DOIUrl":"https://doi.org/10.20900/jsr20200034","url":null,"abstract":"Background: Corporations face challenges to adopting appropriate practices to effectively respond to environmental sustainability concerns. To help address this, the present research focuses on improving employees’ pro-environmental behaviors related mostly to information technology and system use. To do so, we draw on and extend goal-setting theory by comparing three goal interventions: goal-setting, goal-setting plus implementation plans, and goal-setting with both implementation plans and visualization of success. For these, we also examine the role of individuals’ environmental values as well as their conflicts with competing goals. \u0000Methods: Two longitudinal studies examine individuals’ self-set goals: the first examines employees’ computer-based electricity usage in the workplace over six weeks and the second utilizes a diary approach method over four weeks to examine the effects of different environmental goal setting conditions on students’ environmental outcomes. The impacts of environmental values (self-congruence) and conflicting goals are also explored in the second study. \u0000Results: Both studies find that setting goals increases pro-environmental behaviors. However, rebound effects can occur when interventions are removed. Visualization of success appears to reduce this rebound effect and we suggest that future research continue to investigate methods for reducing rebound. \u0000Conclusions: This paper contributes to environmental sustainability research in several ways: conceptually (by responding to calls for more theory-based research), methodologically (by measuring objective computer-based energy usage in study 1 and by utilizing a diary method in study 2), and practically (by demonstrating the effectiveness of visualization to goal setting and exploring the role of competing goals in this process).","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"70 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131078434","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
M. Dreyer, J. V. Heimburg, Anne Goldberg, M. Schofield
{"title":"Designing Responsible Innovation Ecosystems for the Mobilisation of Resources from Business and Finance to Accelerate the Implementation of Sustainability. A View from Industry","authors":"M. Dreyer, J. V. Heimburg, Anne Goldberg, M. Schofield","doi":"10.20900/jsr20200033","DOIUrl":"https://doi.org/10.20900/jsr20200033","url":null,"abstract":"The idea of Responsible Innovation, which deals with delivering economic profit and sustainable value to all stakeholders, is gaining wider acceptance as innovation is seen as a holistic process of delivering impacts valued by all stakeholders, i.e., society, users/consumers, and shareholders. Implementing the idea of Responsible Innovation requires an anticipation of the expectations of, and impact on, all stakeholders, the trends in regulation, and an ability to integrate continuously the latest scientific findings. Due to the financially risky nature of the innovation process, industry as the main provider of innovation must play an active and leading role that must be balanced with its fiduciary duties. Implementing Responsible Innovations is therefore a collaborative process between industry, government, academia and society, each playing a critical role in upholding the “4 gears” of an innovation ecosystem that we present here for discussion. The learnings from the failure to fight climate change and from game theory can be used to design such an ecosystem that embeds the necessary incentives to attract innovators and investors motivated to act responsibly. In this perspective paper, we present the views from innovation practitioners from industry on the different elements and typical present shortcomings of such an innovation ecosystem and we make proposals that should be addressed in order to generate innovations that truly deliver benefits to all stakeholders and train the innovation managers that will enable them.","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"127 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132113272","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"CSR Reputation as a Prediposition Factor in a Product-Harm Crisis: Applying Affective Disposition Theory and SCCT","authors":"Chang Wan Woo, Yeonsoo Kim","doi":"10.20900/jsr20200032","DOIUrl":"https://doi.org/10.20900/jsr20200032","url":null,"abstract":"Affective disposition theory explains that people feel happiness or distress when observing success or failure of protagonist. Applying affective disposition theory and situational crisis communication theory, the main purpose of this study is to investigate whether CSR reputation acts as a predisposition factor in a product-harm crisis. Using both affective disposition theory and situational crisis communication theory, a randomized 2 (high and low CSR reputation) × 2 (victim and preventable crises) full factorial design experiment was conducted with 227 participants (average age 30.28 years). There were main effects of both CSR reputation and crisis types on generating anger and sympathy toward the companies that experience a crisis. Furthermore, a good CSR reputation particularly worked as a predisposition factor for sympathy. Practical and theoretical implications are also discussed.","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128992441","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
É. Vandecandelaere, C. Teyssier, D. Barjolle, S. Fournier, O. Beucherie, P. Jeanneaux
{"title":"Strengthening Sustainable Food Systems through Geographical Indications: Evidence from 9 Worldwide Case Studies","authors":"É. Vandecandelaere, C. Teyssier, D. Barjolle, S. Fournier, O. Beucherie, P. Jeanneaux","doi":"10.20900/jsr20200031","DOIUrl":"https://doi.org/10.20900/jsr20200031","url":null,"abstract":"Geographical Indications (GIs) refer to products with specific characteristics, qualities, or reputations which result from their geographical origin. Geographical Indications are Intellectual Property Rights that are defined in international agreements (WTO-TRIPS, WIPO Lisbon agreement) as well as in multilateral (European regulation, and other regional laws), and national laws. \u0000This paper presents research results from a collection and analysis of data on the economic impact of GI processes worldwide. GI “processes” are understood as the interconnections between products which have a strong reputation, the relevant stakeholders, especially the producers (farmers and processors), and the public authorities in charge of the registration and the protection of the use of the related geographical name. \u0000Nine case studies have been selected to ensure a range of diverse situations by country, agricultural sector, market, size of the value chain, legal protection framework (sui generis or trademark), and type of strategy (promotion or protection). \u0000This analysis shows that there are various mechanisms which support the positive effects of the GI process on price, regardless of the type of product, the region of origin, and whether the GI is long established or recently registered. GIs generate a higher value distribution to primary producers, and have a positive influence on production, especially in the long term. GIs enhance market access, and they can be useful tools for building resilient value chains, especially by boosting the diversification of markets. Through a domino effect, GIs can also have a substantial positive impact on other sectors of the economy.","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116248518","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
N. Saifulina, Adolfo Carballo‐Penela, Emilio Ruzo‐Sanmartín
{"title":"Sustainable HRM and Green HRM: The Role of Green HRM in Influencing Employee Pro-environmental Behavior at Work","authors":"N. Saifulina, Adolfo Carballo‐Penela, Emilio Ruzo‐Sanmartín","doi":"10.20900/jsr20200026","DOIUrl":"https://doi.org/10.20900/jsr20200026","url":null,"abstract":"Considering the increasing social class gap and environmental crisis these days, sustainable development is a must for business-making. Business starts with human resources (HR). Applying sustainability to manage HR in order to achieve organizational sustainability is essential, because human resource management (HRM) can influence a company’s relationship with its external environment in terms of firm’s effect on society and ecology. \u0000Forming part of the environmental dimension of sustainable HRM, green HRM (GHRM) defines organizational environmental policies and practices of HRM that contribute to the establishment of green organizations. Those green practices can result in a better corporate image and competitive advantage. \u0000Employee pro-environmental behavior (PEB), both voluntary and prescribed, can be influenced by GHRM that may act as a guiding mechanism for organizational personnel to engage in green behaviors aimed at saving organizational resources, which may contribute to achieving corporate sustainability. Voluntary PEB may also be influenced by organizational and individual factors. In this study, we propose a theoretical framework that gathers GHRM policies, organizational and individual factors together in one model to understand the complex mechanisms that promote voluntary PEB at work. We also propose a different classification of voluntary PEB that underlines the importance of target of PEB.","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132383887","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Current Legal Framework on Shallow Geothermal Energy Use in Spain","authors":"A. Gil, Miguel Mejías Moreno","doi":"10.20900/jsr20200005","DOIUrl":"https://doi.org/10.20900/jsr20200005","url":null,"abstract":"A steady increase in the use of shallow geothermal energy can be observed worldwide in past years. In order to highlight the necessity of a specific detailed legal framework for shallow geothermal energy systems, an overview of the current legal framework in Spain is carried out in this paper. Findings show complex legislation at the national level and a high diversity among regional governments in Spain. There is no legally binding definition of shallow geothermal energy resources and the deep geothermal approach of the past is embedded in the legislation inherited from 40 years ago. In consequence, the lack of specific legislation makes the licensing process of systems an effective barrier for the further development of the market, thus indicating the need for a common approach. This work highlights the need for a shallow geothermal energy management framework structure and a governance model based on an adaptive management approach, including both management planning and implementation as well as control cycles.","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"116 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131248393","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
M. Bergman, Zinette Bergman, Baocheng Liu, B. Arora, Shengtian Hou, Rijit Sengupta
{"title":"The Business-Society Nexus for the 21st Century","authors":"M. Bergman, Zinette Bergman, Baocheng Liu, B. Arora, Shengtian Hou, Rijit Sengupta","doi":"10.20900/jsr20200004","DOIUrl":"https://doi.org/10.20900/jsr20200004","url":null,"abstract":"Eurocentric academic and policy propositions on global sustainability tend to emphasize the transfer of knowledge, skills, technology, funds, or social values to lower and middle income countries. Yet, India and China increasingly influence geo-economic and geo-political shifts, accompanied by sociocultural and environmental consequences. Their increasing independence and global agenda setting capacity, as well as their capabilities to institutionally coordinate and execute programs toward economic and social development within and well beyond their national borders transcend the current imaginaries of most stakeholders from higher income countries. Although we are witnessing a transformation of the business-society nexus and its consequences on public, private, and civic spheres, research in particular and academia more generally have been slow to acknowledge and respond to these paradigm shifts. The importance to understand and to be understood by India and China, however, can no longer be ignored. Globally, businesses, societies, and governments must find new ways of interacting in the interest of mutual survival and prosperity. But what does this mean in practice? What could be a sustainable business-society nexus for the 21st century? In this paper, we examine the opportunities and challenges inherent in emerging trends and the positions stakeholders and contemporary academic disciplines take in relation to these. We outline the potential for a future research agenda on a sustainable business-society nexus that is business-relevant, solution-driven, future-oriented, culture-sensitive, and devoted to people, planet, prosperity, partnerships, and peace.","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"112 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124485661","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
F. D. Sisternes, H. Worley, Simon C. Mueller, T. Jenkin
{"title":"Scaling-up Sustainable Energy Storage in Developing Countries","authors":"F. D. Sisternes, H. Worley, Simon C. Mueller, T. Jenkin","doi":"10.20900/jsr20200002","DOIUrl":"https://doi.org/10.20900/jsr20200002","url":null,"abstract":"Background: The modularity and universal deployability of certain energy storage and variable renewable energy resources make the combination of these two elements a possible game changer for achieving universal access to electricity in developing countries while simultaneously decarbonizing their electric grids. Recent cost declines in electrochemical batteries have enabled solutions based on batteries and renewables that have proved to be cost-competitive with fossil-based alternatives in a growing number of cases. However, most widely-available battery systems may not be optimal for power systems applications operating under the challenging conditions frequently found in developing countries. Additionally, scaling-up sustainable energy storage in developing countries requires addressing a number of important challenges that are not well understood. The study presented in this article aims at identifying these challenges, and was undertaken in preparation of the Energy Storage Partnership: a consortium of over 30 organizations convened by the World Bank to jointly address them. \u0000Methods: Expert elicitation in combination with a literature review of standards, news articles, vendors’ public materials and academic literature. \u0000Results: The study identifies current challenges for scaling up energy storage in developing countries, and presents research and development work to overcome them. \u0000Conclusions: A wide spectrum of research and development actions is required for energy storage to make its full contribution to energy policy objectives in developing countries. Implementing the actions highlighted in this article will require a concerted approach by national governments and stands to benefit substantially from international cooperation.","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"24 36","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113955507","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rebekah Shirley, Chih-Jung Lee, H. Njoroge, Sarah Odera, P. Mwanzia, Ifeoma Malo, Yeside Dipo-Salami
{"title":"Powering Jobs: The Employment Footprint of Decentralized Renewable Energy Technologies in Sub Saharan Africa","authors":"Rebekah Shirley, Chih-Jung Lee, H. Njoroge, Sarah Odera, P. Mwanzia, Ifeoma Malo, Yeside Dipo-Salami","doi":"10.20900/jsr20200001","DOIUrl":"https://doi.org/10.20900/jsr20200001","url":null,"abstract":"The future of work is a major source of uncertainty, especially in sub Saharan Africa (SSA), where climate change and artificial intelligence are changing the nature of agricultural employment, and where youth population is rising steadily. At the same time, SSA has the world’s lowest rates of electricity access, presenting a barrier to economic productivity and gainful employment. According to the global tracking framework, decentralized renewable energy (DRE) technologies are fast becoming a popular vehicle for rapid delivery of electricity access, yet reports suggest the sector’s expansion is hindered by a labor and skills gap. Thus, there is an opportunity for the growth of decentralized renewables to help tackle both universal energy access (SDG 7) alongside expansion of decent work opportunities (SDG 8). However, little data exists to date to support policy interventions. Our research explores the employment potential of the DRE sector by conducting the first comprehensive DRE sector jobs survey in SSA. We collect a year’s worth of employment data from DRE companies in Kenya and Nigeria, two of the continent’s most prominent DRE markets. We find that although nascent and just beginning to scale, the sector has already grown a formal workforce comparative to traditional utility-scale power sectors and has an informal workforce that may be twice as large. This article highlights our key findings on employment footprint, workforce trends and skills gaps, providing a baseline for further data collection.","PeriodicalId":275909,"journal":{"name":"Journal of Sustainability Research","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121605506","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}