Hugo Carlos Dornfeld, Adrislaine Silva Mansano, Herick Fernando Moralles, Luiz Fernando de Oriani e Paulillo
{"title":"Environmental Strategies in the Brazilian Sugar‐Energy Sector: Drivers, Performance, and Competitiveness","authors":"Hugo Carlos Dornfeld, Adrislaine Silva Mansano, Herick Fernando Moralles, Luiz Fernando de Oriani e Paulillo","doi":"10.1002/bse.70189","DOIUrl":"https://doi.org/10.1002/bse.70189","url":null,"abstract":"This study examines the drivers influencing environmental strategy adoption within the Brazilian sugar‐energy sector, focusing on 12 medium to large‐sized mills. It explores the relationship between external/internal pressures, operational performance, and competitiveness. The research confirms that external pressures like environmental legislation and commodity trading, alongside internal pressures such as workplace safety, significantly drive the implementation of environmental strategies. Adopting environmental practices positively impacts operational performance, notably through organizational structures, water/waste treatment, and by‐product reuse. Furthermore, environmental strategies enhance competitiveness, with external projects and operational excellence playing crucial roles. Mills implementing these strategies gain advantages, including improved market access, reduced penalties, efficient by‐product utilization, and enhanced stakeholder satisfaction. While the findings are specific to the surveyed mills, they highlight the importance of social and governmental pressures in promoting environmental practices across the industry and offer valuable insights for other companies seeking to improve operational excellence and competitiveness through environmental strategies.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"17 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145056720","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Emmanuel K. Manu, David Atitie, Simplice A. Asongu
{"title":"Sustainable Futures: Redefining Africa's Circular Economy Through FinTech and Knowledge‐Driven Innovations","authors":"Emmanuel K. Manu, David Atitie, Simplice A. Asongu","doi":"10.1002/bse.70167","DOIUrl":"https://doi.org/10.1002/bse.70167","url":null,"abstract":"As sustainability becomes a global imperative, the circular economy (<jats:sc>CE</jats:sc>) presents a vital strategy for resource efficiency and resilience, particularly in Africa. This study examines how FinTech and knowledge‐driven innovations (i.e., human capital, ICT access, and innovation) shape <jats:sc>CE</jats:sc> outcomes across 33 African countries from 1997 to 2021. Using feasible generalized least squares (FGLS), panel‐corrected standard errors (PCSE), instrumental variables (2SLS), and quantile regression (MM‐QR), the study finds that FinTech adoption significantly enhances <jats:sc>CE</jats:sc>, especially through its role in enabling digital financial inclusion and low‐waste practices. Human capital positively impacts <jats:sc>CE</jats:sc>. ICT infrastructure shows mixed but important effects: mobile cellular subscriptions (ICT1) broaden access to digital tools, while secure internet servers (ICT2) are essential for advanced <jats:sc>CE</jats:sc> technologies. Innovation output exerts positive effects on <jats:sc>CE</jats:sc> and enhances the impact of FinTech. Regional findings reveal that Southern Africa shows the highest FinTech‐driven <jats:sc>CE</jats:sc> gains, supported by strong ICT and human capital; East and West Africa benefit from ICT2 and patenting, while Central Africa's <jats:sc>CE</jats:sc> potential is limited by weak digital infrastructure. These findings highlight the need for integrated, region‐specific policy approaches to accelerate <jats:sc>CE</jats:sc> transitions.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"122 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003086","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Matthias Mrożewski, Aleksandra Dadełło, Charleen von Kolpinski, Olivier Delbard
{"title":"What Drives Impact Scaling? The Roles of Resources, Innovation Performance, and Sustainability Orientation","authors":"Matthias Mrożewski, Aleksandra Dadełło, Charleen von Kolpinski, Olivier Delbard","doi":"10.1002/bse.70147","DOIUrl":"https://doi.org/10.1002/bse.70147","url":null,"abstract":"The literature on sustainable entrepreneurship calls for a deeper understanding of how to scale impact, particularly as large‐scale solutions are essential to addressing today's grand challenges. Drawing on self‐collected survey data from 97 Polish impact startups, this paper investigates the roles of resource availability, innovation performance, and sustainability orientation in scaling impact. Building on the resource‐ and knowledge‐based view and threat rigidity theory, we propose a moderated mediation model and empirically demonstrate positive effects of knowledge resources on innovation performance, which subsequently enhances impact scaling. Interestingly, a startup's sustainability orientation is found to play an ambivalent role in the resource–innovation–scaling relationship. While it negatively moderates the link between knowledge resources and innovation performance, a positive effect emerges in the innovation–scaling connection. This paradox suggests that the more sustainability entrepreneurs face trade‐offs related to sustainability, the less willing they are to invest in innovation. Our findings hold important implications for both researchers and practitioners.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"70 5 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003101","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Ahmed A. Sarhan, Princess R. Bwanya, Christopher J. Cowton
{"title":"Beyond the Board: Does Female Leadership Make a Difference to Corporate Sustainability Performance, Disclosure and Assurance?","authors":"Ahmed A. Sarhan, Princess R. Bwanya, Christopher J. Cowton","doi":"10.1002/bse.70183","DOIUrl":"https://doi.org/10.1002/bse.70183","url":null,"abstract":"Previous research on gender diversity and corporate sustainability has tended to focus on the association between board diversity and sustainability performance. This study is more expansive in two crucial respects. First, it goes beyond the board to encompass senior executive diversity. Second, it also examines sustainability disclosure and assurance of that disclosure. Using 4618 firm‐year observations from companies in the UK FTSE All‐Share Index for the period 2002–2022, we find that both forms of gender diversity are positively associated with sustainability performance and disclosure, but not assurance. Sustainability‐related executive compensation moderates the relationships. We find no strong evidence of a critical mass effect, but we do see signs that executive gender diversity can substitute for board gender diversity. This comprehensive study of the gender diversity‐sustainability nexus provides significant new findings and demonstrates the importance of not leaving female executives out of the picture. Implications for researchers and practitioners are discussed.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003098","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"From Scraps to Sweets: Perceptions of Food Healthfulness and the Acceptance of Upcycled Foods","authors":"Kefeng Ou, Ling Jiang, David S. Waller","doi":"10.1002/bse.70180","DOIUrl":"https://doi.org/10.1002/bse.70180","url":null,"abstract":"Upcycled foods offer a compelling solution to the global food waste crisis, yet a critical paradox hinders their market acceptance: consumers who embrace sustainability often reject these products. This paper challenges the conventional focus on ecological appeals, arguing that a deeper, unaddressed psychological barrier is at play. We identify and empirically validate healthfulness perception as the key mediating mechanism that explains this consumer resistance. Across four experiments, this study concludes that: (1) upcycling disclosure triggers negative healthfulness perceptions, which directly suppress purchase intentions; (2) pro‐environmental concern moderates the negative effect of upcycling disclosure, such that the effect is weaker for consumers with high environmental concern; and (3) targeted health‐related taglines successfully neutralize these negative perceptions, significantly boosting product preference and willingness to buy. These results offer a clear directive: the path to encouraging the purchase of upcycled foods lies not in amplifying their ecological benefits, but in proactively promoting their perceived healthfulness. Policymakers can also leverage these insights to promote upcycled foods as both healthy and environmentally friendly, encouraging sustainable consumption practices and reducing food waste at a broader level.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"17 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003157","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Mohammad A. K. Alsmairat, Riad Al‐Chami, Jose Arturo Garza‐Reyes, Daniel Luiz de Mattos Nascimento
{"title":"Supply Chain Sustainability Performance in the Manufacturing Sector of a Developing Economy","authors":"Mohammad A. K. Alsmairat, Riad Al‐Chami, Jose Arturo Garza‐Reyes, Daniel Luiz de Mattos Nascimento","doi":"10.1002/bse.70169","DOIUrl":"https://doi.org/10.1002/bse.70169","url":null,"abstract":"To assess supply chain (SC) sustainability performance, it is essential to understand the influence of key enablers. This study examines the impact of legal pressure, competitive pressure, internal resources and customer preferences on SC sustainability performance, with a particular focus on the mediating role of strategic direction. A quantitative survey was conducted with 390 operations managers from manufacturing sectors across Qatar, Saudi Arabia, the United Arab Emirates, Oman and Jordan. The data were analysed using partial least squares structural equation modelling (PLS‐SEM). The results indicate that competitive pressure, internal resources and customer preferences significantly influence strategic direction, which in turn positively mediates their effect on sustainable supply chain (SSCM) performance. Legal pressure, however, was not found to significantly impact strategic direction, suggesting that regulatory mandates exert limited influence on manufacturing firms in the region. This study provides actionable insights for managers in developing strategic initiatives that enhance sustainability performance, particularly in contexts with constrained resources.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"27 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003146","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Francisco José Torres‐Peña, Manuel Parras‐Rosa, Carla Marano‐Marcolini, Francisco José Torres‐Ruiz
{"title":"Ecolabels as Heuristic Cues: Exploring the Role of Ecolabels in Food Attribute Inferences","authors":"Francisco José Torres‐Peña, Manuel Parras‐Rosa, Carla Marano‐Marcolini, Francisco José Torres‐Ruiz","doi":"10.1002/bse.70175","DOIUrl":"https://doi.org/10.1002/bse.70175","url":null,"abstract":"This study presents a novel approach by examining the role of environmental labels (e.g., ecolabels) as heuristic cues in consumer inferences, beyond their traditional informational function. The research evaluated the influence of the presence, number, and type (real or fake) of ecolabels on consumer inferences of an extra virgin olive oil product through a between‐subjects experiment involving 720 participants in Spain. The methodology was designed to minimize common biases by exposing each participant to only one stimulus and employing real product labels and packaging with controlled modifications (including both the quantity and type of seal, real and fake). Using various multivariate analyses of covariance (MANCOVA), the study sequentially explored a set of research questions regarding the impact of the number of ecolabels and their potential interchangeability across seven distinct product dimensions. The findings reveal that ecolabels do not significantly enhance overall product evaluations, except in two dimensions associated with human‐related attributes—commitment to quality and producer honesty—which are more closely linked to the generic certification process than to the specific meaning of each label. No linear relationship or optimal number of labels was identified, and no significant differences were found between real and fake ecolabels. The results suggest that ecolabels function primarily as generic heuristic cues with limited influence, particularly when the product's presentation is visually appealing.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"22 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003151","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Is the Devil in the Details? The Impact of ESG Controversy Materiality on Firm Performance","authors":"Angela Karr, Jangwoon Kim, Taewoo Roh","doi":"10.1002/bse.70179","DOIUrl":"https://doi.org/10.1002/bse.70179","url":null,"abstract":"This study explores the consequences of material and immaterial environmental, social, and governance (ESG) controversies on a firm's financial performance and examines whether a country's regulatory quality contextually moderates this relationship. Using a sample of 7136 internationally listed firms from 2014 to 2022, we find that while the market imposes penalties on firms for material ESG controversies, it does not appear to do so for immaterial ones. Our study also finds that the regulatory quality in a firm's home country intensifies the adverse effects of material ESG controversies on firm performance. We present findings and interpret them within existing theoretical frameworks, particularly through the lenses of signaling theory and institutional theory. While prior literature has presented mixed findings regarding the impact of ESG controversies on firm performance, our study outlines potentially important drivers behind these conflicting outcomes and provides new insights to the nonmarket strategy field through our consideration of the nature of ESG controversies and key country‐level influences.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"111 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003085","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Bank Responses to Physical and Transition Risks in Lending: A Diagnostic Framework From a Systematic Literature Review","authors":"Tabea Brüggemann, Rainer Lueg","doi":"10.1002/bse.70176","DOIUrl":"https://doi.org/10.1002/bse.70176","url":null,"abstract":"Banks face mounting pressure to integrate climate risks into lending, yet responses remain incoherent. This systematic literature review of 9034 studies synthesizes 68 peer‐reviewed articles and develops a behavioral typology of five bank responses: recovery, containment, repricing, reallocation, and relational transformation. Responses vary by risk type, visibility, and salience. Acute, unexpected physical risks (nine studies) trigger recovery lending, while expected (five) or chronic risks (12) lead to containment or repricing. Transition risks (42) are more consistently priced when indicators are quantifiable and policy‐aligned; softer ESG signals elicit conditional responses. Asymmetries arise: recovery and containment occur only for physical risks, while strategic reallocation remains rare. Carbon‐intensive firms are penalized, while green firms benefit only when performance is credible and verifiable. We propose a diagnostic framework to evaluate climate risk management in lending, providing a novel tool to assess climate risk integration in bank lending and inform regulatory design and sustainability‐oriented strategy.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"40 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003145","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Communication Strategies in Hospitality: A Study on Michelin Green Star Sustainable Restaurants","authors":"Mirko Olivieri, Ginevra Testa, Luca Giraldi","doi":"10.1002/bse.70184","DOIUrl":"https://doi.org/10.1002/bse.70184","url":null,"abstract":"This research examines the sustainability communication strategies employed by Michelin Green Star award‐winning restaurants. The present study utilised qualitative content analysis of textual data from Michelin Guide descriptions for 182 restaurants, thereby highlighting six core communication themes: sustainable technologies, diversified culinary offerings, community‐focused initiatives, sustainable supply chains, entrepreneur values and sustainability certifications. The findings emphasise authenticity, transparency, local community engagement, waste valorisation, circular economy innovations and entrepreneurial passion as key drivers of sustainability communication strategies in the hospitality sector.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"64 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003147","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}