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A Holistic Approach to Sustainability: Sustainable Development Goals (SDGs) and Corporate Sustainability

Rūta Banelienė & Rolandas Strazdas

Contemporary Economics2025https://doi.org/10.5709/ce.1897-9254.561article
AJG 1ABDC C
Weight
0.41

What the paper says

Human activities are having an increasingly negative impact on the environment at all scales. This situation creates an urgent need to shift human activities toward sustainable development at all levels—company, sector, country, region and global. However, national efforts to improve sustainability, as measured by national rankings on sustainable development goals (SDGs), may have a positive impact on the sustainability of one sector, including economic sustainability, while negatively affecting other sectors or even harming the social, economic, and environmental situation in other countries. Investing in a company's environmental sustainability may have a negative effect on its economic sustainability and overall environmental, social, and governance (ESG) score. This research focuses on the vertical dimension, from companies to global sustainability, and takes a holistic approach to fill a gap in the study of the link between a company's sustainability and the SDG scores at the national level. This study examines the impact of prioritizing sustainability at the national level on the profitability of Fortune 500 companies in Europe. Two comparable sectors, Industrials and Motor Vehicles & Parts, were selected to investigate the proposed hypotheses. The findings reveal that prioritizing sustainability can have a negative effect on the profitability of companies in sectors dependent on employee skills while benefiting companies in asset-dependent sectors. This study confirms that the implementation of the Sustainable Development Goals may have varying impacts on different sectors within the same country and region. Modeling was conducted via the least squares method and EViews software.

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https://doi.org/https://doi.org/10.5709/ce.1897-9254.561

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@article{rūta2025,
  title        = {{A Holistic Approach to Sustainability: Sustainable Development Goals (SDGs) and Corporate Sustainability}},
  author       = {Rūta Banelienė & Rolandas Strazdas},
  journal      = {Contemporary Economics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.5709/ce.1897-9254.561},
}

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Evidence weight

0.41

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.25 × 0.4 = 0.10
M · momentum0.55 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.