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Achievement of sustainable development that meets the needs of the present day without compromising the ability of future generations to meet their own needs, increasingly becoming a global agenda in addressing economic, environmental and social problems. This study raises the question of the possibility to achieve United Nations Sustainable Develo...
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Context 1
... this relationship can be represented as the intersection of three circles (see Fig. 1.) [8]. And only when all three factors are taken into account (the intersection of all elements is the center), we can speak of achieving stability. "People" (or social dimension) focuses on the impacts organizations have on the communities in which they operate, also known as corporate responsibility. "Planet" (or environmental ...
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As Russian society becomes more modernized, the generational divide between the regime’s policies and the expectations and attitudes of young people has widened. This report uses existing public opinion surveys to provide a comparative and empirical examination of factors that distinguish Russia’s youth from older cohorts in terms of their sociopol...
Citations
... As stated by Dalibozhko and Krakovetskaya (2018), the 'planet' (or environmental dimension) focuses primarily on the direct impacts that companies have on ecosystems, land, air, and water. Many companies have gone as far as to create a Chief Sustainability Officer (CSO) to outline in detail how they endeavour to improve the long-term impact of their actions on the environment [11]. ...
... As stated by Dalibozhko and Krakovetskaya (2018), the 'planet' (or environmental dimension) focuses primarily on the direct impacts that companies have on ecosystems, land, air, and water. Many companies have gone as far as to create a Chief Sustainability Officer (CSO) to outline in detail how they endeavour to improve the long-term impact of their actions on the environment [11]. Key business strategies focus on green products, recognising a wide range of environmental issues and more. ...
... The Triple Bottom Line Source: (Dalibozhko and Krakovetskaya, 2018)[11] ...
The article delves into the significance and intricacies of sustainability, Corporate Social Responsibility (CSR), and the Triple Bottom Line (TBL) framework in contemporary business strategies. It begins by exploring the concept of sustainability, emphasizing its three dimensions: environmental, economic, and social. The article then introduces CSR as a business obligation to pursue policies and decisions that align with social goals and values, expanding on the evolution of CSR from its initial focus on financial and legal responsibilities to include ethical and charitable considerations. The TBL framework is a holistic approach that integrates these dimensions to achieve long-term success and sustainability. The article discusses critical perspectives on CSR, highlighting people-based CSR initiatives such as corporate philanthropy and improving the working environment, planet-centered CSR focusing on environmental impacts, and the challenge of balancing CSR and profitability. Real-world examples are provided to illustrate successful implementations of CSR and sustainability practices, demonstrating their positive effects on both businesses and society. The essay concludes that successful companies cannot be separated from the CSR they undertake and should adopt sustainability as a core value.
... As stated by Dalibozhko and Krakovetskaya (2018), the 'planet' (or environmental dimension) focuses primarily on the direct impacts that companies have on ecosystems, land, air, and water. Many companies have gone as far as to create a Chief Sustainability Officer (CSO) to outline in detail how they endeavour to improve the long-term impact of their actions on the environment [11]. ...
... As stated by Dalibozhko and Krakovetskaya (2018), the 'planet' (or environmental dimension) focuses primarily on the direct impacts that companies have on ecosystems, land, air, and water. Many companies have gone as far as to create a Chief Sustainability Officer (CSO) to outline in detail how they endeavour to improve the long-term impact of their actions on the environment [11]. Key business strategies focus on green products, recognising a wide range of environmental issues and more. ...
... The Triple Bottom Line Source: (Dalibozhko and Krakovetskaya, 2018)[11] ...
The article delves into the significance and intricacies of sustainability, Corporate Social Responsibility (CSR), and the Triple Bottom Line (TBL) framework in contemporary business strategies. It begins by exploring the concept of sustainability, emphasizing its three dimensions: environmental, economic, and social. The article then introduces CSR as a business obligation to pursue policies and decisions that align with social goals and values, expanding on the evolution of CSR from its initial focus on financial and legal responsibilities to include ethical and charitable considerations. The TBL framework is a holistic approach that integrates these dimensions to achieve long-term success and sustainability. The article discusses critical perspectives on CSR, highlighting people-based CSR initiatives such as corporate philanthropy and improving the working environment, planet-centered CSR focusing on environmental impacts, and the challenge of balancing CSR and profitability. Real-world examples are provided to illustrate successful implementations of CSR and sustainability practices, demonstrating their positive effects on both businesses and society. The essay concludes that successful companies cannot be separated from the CSR they undertake and should adopt sustainability as a core value.
... The diagram can be seen below: The diagram in Figure 1 shows that to achieve sustainability, it is absolutely essential to equalize the social, economic, and environmental aspects. People + profit = equitable, people + planet = bearable, profit + planet = viable, and only through balancing people + profit + planet will sustainability be achieved (Dalibozhko & Krakovetskaya, 2018;Slaper, 2011). According to Schoenmaker (2019), connections between the economy, society, and environment are always existing. ...
Sustainable finance and Islamic finance hold significant potential to facilitate sustainable development. Both systems are continually being developed, researched, and advanced by academics, global industry players, and policymakers. However, to the best of the author’s knowledge, a limited amount of research specifically explores the convergence between the principles of Islamic finance and sustainable finance. Therefore, this study aims to examine and highlight the convergence between the principles of the two concepts as they continue developing better financial models based on ethical values. Using a qualitative approach and based on comparative research, the paper found several convergences between the principles of sustainable finance and the principles of Islamic finance. The goals of the two concepts show equal concern for people and the planet. Sustainable and inclusive development are the main points of both concepts. Finally, this study argues that Islamic finance itself promises a more sustainable model for the financial industry.
... La sezione "Profitto" riguarda gli aspetti economici, in particolare quelli legati ai risultati finanziari e ai flussi di cassa. Quest'area sottolinea la necessità di una sostenibilità finanziaria, assicurando che le imprese siano economicamente sostenibili e profittevoli (Dalibozhko & Krakovetskaya, 2018). ...
This thesis examines the integration of Environmental, Social, and Governance (ESG) factors in Italian innovative SMEs, focusing on ESG and Readiness ESG scores. The ESG score, calculated by normalizing the results of the environmental (35%), social (45%), and governance (20%) dimensions, reflects the overall sustainability performance of the firms. The Readiness ESG score evaluates corporate preparedness by combining ESG awareness and implementation, weighted equally at 50%.
A questionnaire was sent to approximately 1,500 innovative SMEs, resulting in 105 valid responses, of which 99 were included in the analysis. Linear regression and ANOVA models were applied to investigate the relationships between firm size, ESG knowledge, sector, and geographic location concerning the calculated scores.
The findings show that firm size and ESG knowledge are positively correlated with ESG scores, indicating that larger firms with greater awareness tend to implement more structured sustainable practices. Geographic analysis reveals partially significant differences in ESG scores between Northern, Central, and Southern Italy, while no significant differences are observed across sectors, largely due to the sample's concentration in the services sector.
The study highlights limitations related to the sample size and representativeness, which affect the generalizability of the results. Nevertheless, it provides valuable insights into the factors influencing ESG practices in innovative SMEs and lays the groundwork for future research with larger and more diverse samples.
... Both entrepreneurship and sustainability can be analyzed at various levels macro, company, and personal, and understood in diverse contexts. The multi-level and multidimensional nature of these concepts presents theoretical and methodological challenges (Dalibozhko & Krakovetskaya, 2018). To address any research question about the simultaneous pursuit of profit and social goals, a clear conceptualization of these ideas is necessary. ...
This study explores the intersection of entrepreneurship and sustainability, focusing on how businesses can integrate environmental, social, and cultural considerations into their operations to drive sustainable development. By examining the role of sustainable entrepreneurship, the research highlights the transformative potential of integrating the triple bottom- line framework, which encompasses economic prosperity, environmental stewardship, and social equity. The study utilises qualitative methods, including case studies and theoretical analysis, to investigate how entrepreneurial ventures can achieve competitive advantages through sustainable practices. Key findings reveal that businesses with high entrepreneurial orientation marked by innovation, risk-taking, and proactiveness are more likely to implement sustainable strategies contributing to long- term economic growth and societal well-being. The research underscores the importance of a holistic approach that balances economic, environmental, social, and cultural dimensions, emphasising the need for businesses to align their strategies with sustainable development goals to ensure resilience and relevance in a rapidly changing global landscape.
... Involving youth in entrepreneurship is a big step toward approaching sustainable development goals in the business sector [5,6]. Young people form a significant fraction of the population, especially in developing countries, and by supporting youth entrepreneurship, countries can promote innovation and progress on the SDGs [7]. ...
... As in the case of other studies [6][7][8], this research highlighted the need and tendency of young people to innovate, combine new ideas, inspire, and contribute to a sustainable society. ...
The purpose of the present study is to underline the importance of our cultural heritage and how potential future teachers can connect education, culture, and the entrepreneurial field. The reason behind this study is the “Education, Entrepreneurship and Cultural Heritage” Initiative of the Teacher Education Program of Athens University of Economics and Business. The research questions refer to the investigation of (1) the impressions and opinions of the Cultural Heritage Entrepreneurship program participants about their experience in the respective program; (2) the business sectors that they had suggested to develop a Cultural Heritage Business as teacher trainees; and (3) the innovative educational methods which they suggest for a respective initiative. For this reason, we conducted interviews with a sample of 45 Teacher Education Program graduates from Athens University of Economics and Business. We used the qualitative type of research. Key findings of our study are the positive assessment of the experience of the “Education, Entrepreneurship and Cultural Heritage” initiative and the plethora of innovative business sectors that could be used to develop the region of Elefsina, a Greek region with a deep culture and history. Finally, we drew some opinions concerning introducing a respective program in high schools. Through this study, we emphasize the importance of Cultural Heritage Entrepreneurship and bring to the forefront future teachers’ positive beliefs about introducing similar initiatives at schools.
... Elkington proposed that the concept of TBL can guide organizations to achieve economic prosperity, environmental quality, and social justice simultaneously. TBL recognizes that businesses do not only aim for financial gain, but also consider their impact on the environment and society (Dalibozhko and Krakovetskaya, 2018). In the context of TBL, a sustainable culture is considered important to enhance the achievement of TBL (Oakley and Ward, 2018), while organizational governance is an important element in achieving organizational sustainability (Billi et al., 2021;Budsaratragoon and Jitmaneeroj, 2019). ...
The primary objective of this study is to examine the influence of social capital, government support, and entrepreneurial orientation on the improvement of sustainable rural tourism performance. Additionally, the study aims to identify a suitable model for enhancing the overall performance of sustainable rural tourism. Using a quantitative model, this study utilized the responses of 400 rural tourism administrators. SmartPLS 3.2 is used as a tool to analyze the collected data. Smart Partial Least Squares Structural Equation Modeling (PLS-SEM) was used to assess the interrelationships among social capital, government support, entrepreneurial orientation, and sustainable rural tourism performance. The findings show a positive impact of social capital and entrepreneurial orientation on sustainable rural tourism performance, but government support does not impact on sustainable rural tourism performance. Furthermore, social capital and government support have a positive impact on entrepreneurial orientation. This study suggests the role of entrepreneurial orientation to increase the influence of social capital and government support on sustainable rural tourism performance. Finally, This research offers a conceptual contribution to authors investigating the sustainable performance of rural tourism. Additionally, it provides practical insights for stakeholders in rural tourism, aiding them in enhancing the sustainable performance of this sector.
... Gambar 2.Keterkaitan unsur-unsur konsep Triple Bottom Line Sumber : (Dalibozhko and Krakovetskaya 2018) Berdasarkan sistem tiga pilar, maka "perumahan berkelanjutan" dan "desain berkelanjutan" dapat didefinisikan sebagai jenis perumahan atau desain yang menyeimbangkan tiga pilar (Morelli 2011). Prinsip-prinsip desain rumah yang berkelanjutan digunakan untuk mencapai kenyamanan dan persyaratan pengguna bangunan, serta mengurangi dampak bangunan terhadap lingkungan. ...
Selamat datang dalam lembaran baru pembelajaran yang menggugah pemikiran dan membangkitkan kesadaran akan energi dalam dunia arsitektur! Buku ini, yang berjudul "Arsitektur Sadar Energi: Praktik Desain pada Tingkat Sarjana," merangkum esensi dari pengetahuan, praktik, dan inovasi dalam merancang bangunan yang efisien dan berkelanjutan. Khususnya dalam proses perancangan di tingkat Sarjana.
Pembaca akan diajak menelusuri konsep dasar arsitektur sadar energi, mulai dari prinsip-prinsip desain yang ramah lingkungan hingga penerapan teknologi terkini dalam konstruksi berkelanjutan. Melalui pemahaman yang mendalam tentang sumber energi terbarukan, efisiensi termal, dan strategi desain yang berfokus pada pengurangan jejak karbon, pembaca akan diarahkan untuk mengembangkan proyek-proyek yang tidak hanya estetis tetapi juga berdaya guna tinggi.
Buku ini juga berisi pengembangan dari studi kasus proyek mahasiswa untuk desain sadar energi, dalam proses perancangan menggunakan software EDGE. EDGE (Excellence in Design for Greater Efficiencies) adalah sebuah produk inovasi dari IFC (International Finance Corporation), anggota Grup Bank Dunia. EDGE adalah suatu platform bangunan hijau yang tersusun dari standar bangunan hijau dunia, aplikasi perangkat lunak, dan program sertifikasi. Platform ini ditujukan kepada semua pihak yang tertarik merancang bangunan sadar energi, seperti arsitek, insinyur, pengembang atau pemilik bangunan.
Penulis berharap bahwa buku ini akan menjadi sumber inspirasi bagi generasi arsitek masa depan, memotivasi mereka untuk menciptakan lingkungan binaan yang tidak hanya indah namun juga bertanggung jawab secara ekologis. Selamat menikmati perjalanan ilmiah ini menuju arsitektur yang lebih berkelanjutan dan sadar energi!
... Figure 2 shows the distribution of focal articles over time, clearly indicating that number of studies in this field skyrocketed between 2021 and 2022 while fewer articles appeared to have been published in previous years. The intermittent increase in the number of articles published between 2021 and 2022 might be linked to stakeholders' efforts to boost youth entrepreneurship to alleviate the consequences of widespread job losses resulting from the Covid-19 epidemic, as previously noted by Dalibozhko and Krakovetskaya (2018) and Schimperna et al. (2021). ...
... In this regard, participating students are organised into teams on their campuses and use business principles to create projects that raise the standard of living of the needy. In congruence, the reviews of the works of Dalibozhko and Krakovetskaya (2018) and Schimperna et al. (2021) indicate that Enactus student teams provide ongoing social assistance to local residents in South African communities to address pressing unmet social needs or pandemic-related issues. However, it is imperative to highlight that, in addition to South Africa, comparable activities of Enactus student teams take place in several other countries across the globe, including Brazil, Germany, Ghana, Kenya, Mexico, Nigeria, Puerto Rico and the UK, among others. ...
... However, it is imperative to highlight that, in addition to South Africa, comparable activities of Enactus student teams take place in several other countries across the globe, including Brazil, Germany, Ghana, Kenya, Mexico, Nigeria, Puerto Rico and the UK, among others. This analysis identified multiple instances of students providing social assistance to their host communities (SDG 11: Inclusive cities and human settlements) (Dalibozhko and Krakovetskaya, 2018) and (Schimperna et al., 2021). This is supported by Malunga et al. (2014) and Gupta et al. (2017), who opine that teams of students undertake needs analyses in their communities, develop viable solutions to challenging problems and conduct impactful projects under the supervision of lecturers, with the cooperation of business leaders. ...
Purpose
This study aims to explore the contribution of Enactus sustainability initiatives to youth empowerment and community development, thus analysing how South African higher education institutions can increase student involvement in Enactus projects across all faculties.
Design/methodology/approach
Using a systematic literature review approach, the authors searched the Web of Science database for 47 relevant studies, which were found and filtered using the search parameters, and then 33 articles that are strictly relevant to the main topic were chosen as the final corpus.
Findings
The authors found that Enactus facilitates community progress through transformative innovations and students gain valuable skills that increase their employability regardless of their field of study.
Research limitations/implications
The focus of this study is confined to scholarly evidence acquired from peer-reviewed journals, hence empirical studies could be conducted by using literature from books, theses, bulletins, government white papers and gazettes.
Practical implications
These findings highlight several merits of Enactus skill-based training such as learning-by-doing, learning from failures and learning from entrepreneurs.
Social implications
The study findings offer compelling evidence that student transformational innovations could facilitate sustainable development within communities.
Originality/value
Despite the crucial contribution of Enactus projects to nation-building worldwide, literature on this phenomenon in the context of South Africa is limited.
... The previous studies conducted by Tshikovhi [14]; Vezi-Magigaba [15]; Kapoor, Singh, Ray, Mattoo, Manwal, Katoch, Kapoor and Gupta [16]; Weik (2014) [17]; Dalibozhko and Krakovetskanya [7]; Raji and Hassan [18]; and Podolyanchuk [8] did not explore Enactus student teams' sustainability practices in relation to global goals, and most of the SDGrelated studies were limited to the context of a particular institution. As a result, there is a need for more well-rounded comparative research that will consider the views and findings of scholars from a global perspective. ...
... Participating students are organized into teams on their campuses and use business principles to create projects that raise the standard of living for the needy in accordance with the UN global goal (SDG 1). In congruence, the reviews of the works of Dalibozhko and Krakovetskaya [7] and Schimperna et al. [37] indicate that Enactus student teams provide ongoing social assistance to local residents in South African communities to address pressing unmet social needs or pandemic-related issues. However, it is imperative to highlight that, in addition to South Africa, comparable activities of Enactus student teams take place in a number of other countries across the globe, including Brazil, Germany, Ghana, Kenya, Mexico, Nigeria, Puerto Rico, and the United Kingdom, among others. ...
... This analysis identified multiple instances of students providing social assistance to their host communities. The notion of Dalibozhko and Krakovetskaya [7] and Schimperna et al. [37] that Enactus student teams provide succor for community dwellers (SDG 11) is corroborated by Malunga et al. [38] and Gupta et al. [39], who opine that teams of students undertake needs analyses in their communities, develop viable solutions to challenging problems, and conduct impactful projects under the supervision of lecturers, with the cooperation of business leaders. Communities gain from such cooperation while students acquire cogent experiences that will help them in their personal and professional lives. ...
Various institutions across the world encourage young people to get involved in community development initiatives and set up small businesses that contribute to the sustainability of society. There is a growing body of literature suggesting that Enactus International is a key stakeholder in this endeavor, as university students’ transformational innovations are developed and exported through Enactus-established collaborations. However, further investigation is required to identify how this phenomenon works. Previous studies have not explored Enactus student teams’ sustainability practices in relation to global goals, and most were limited to the context of a particular institution. As a result, this article examines the relationship between the Enactus sustainability initiative and the United Nations Sustainable Development Goals, thus identifying critical lessons for South African higher education institutions as well as HEIs in other nations facing comparable circumstances. A focused review methodology is used in this analysis to assess the Enactus global sustainability initiative’s alignment with the SDGs, which involves a comprehensive search of the Web of Science and Scopus databases to identify relevant articles. As the year 2030 approaches, the authors warn that university stakeholders’ resistance to change and knowledge gaps about sustainability practices, as well as other limiting factors identified in this study, may impede the attainment of Sustainable Development Goals in the country. This study intends to encourage higher education institutions as change agents, stimulating them to take the lead in overcoming obstacles to the attainment of the SDGs by 2030. The study illuminates cogent approaches necessary for HEIs to create a more sustainable world. It specifically highlights the multidisciplinary perspective and collaborative opportunities offered by SDG-driven organizations.
