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Relationship between environmental innovation and sustainable outcomes – empirical evidence from Poland

Walecka-Jankowska Katarzyna, Mrzygłocka-Chojnacka Jagoda

Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska

2023

z. 170

577--593

Purpose: The article refers to a valid and current research area related to business sustainability. The main objective of this article is to identify the relationship between different types of environmental innovations and sustainable outcomes. Design/methodology/approach: For the needs of this article, the researches were conducted in 293 companies operating in Poland. In the course of the research, an additional division of environmental innovations derived from the Oslo Manual classification was taken into account, and the following were distinguished: environmental process innovations, environmental product innovations, environmental organizational innovations, and environmental marketing innovations. In addition, for the analysis of sustainable business performance, it was divided into economic, environmental, and social performance. The relation between the level of types of innovation and organizational outcomes is examined for each of these categories, and three models are presented. Findings: Empirical research confirmed that different types of environmental innovations are essential factors for sustainable outcomes and, as a result, their growth. Research also revealed differences and similarities between different sustainable outcomes and their relationship to innovations of different types. Research limitations/implications: First, although outcomes were measured using subjective indicators consisting of a limited number of items, using objective indicators or collecting data through in-depth interviews would have provided more detailed data. Second, increasing the size of the research sample and expanding the research to include companies operating in other countries (replication of research) would allow for generalization of the results, as the results obtained may be specific to companies operating in Poland. Originality/value: The main value of this article is a broad and holistic view, which made it possible to use the four types of environmental innovations and link them in the model to organizational outcomes and clarify the relationship between them. It seems crucial to take a systemic view of what innovations collectively build the model and to note that organizational innovation appears as an element present in each of the models obtained. Thus, it is an indication that organizational activities should support process, marketing, or product innovations to lead to sustainable results of environmental innovation implementation.

Sustainability of Nasdaq-listed companies : the effects of participation in the UNGC

Bakanauskienė Irena, Bendaravičienė Rita, Juodelytė Nomeda, Vveinhardt Jolita

Polish Journal of Management Studies

2020

Vol. 21, No. 1

87--103

The concept of corporate sustainability development requires an integrated approach to the environmental, social and economic aspects of enterprise activities, but so far, there has been a lack of research on the situation of enterprises of Baltic countries, listed on the stock exchange. This study aims to identify how integral factors, showing corporate sustainability, are reflected in the reports of Nasdaq-listed enterprises that participate in the UN Global Compact. Employing the content analysis method, the publicly available information of 12 companies, 6 of which are listed on a stock exchange, is compared. The research results show that the reports of enterprises listed on the stock exchange correspond to the principles of UNGC more comprehensively, but, despite the publicly declared social and human rights policy, significant shortcomings in the areas of abolition of forced labour and child labour, the freedom of association and human rights have been identified and compared with unlisted enterprises. It is concluded that stock exchange listing may have a greater impact on corporate transparency, but the UNGC principles are a valuable tool for evaluating the consistency of enterprises in their commitment to sustainable business development.

Koncepcja zrównoważonego rozwoju przedsiębiorstw wymaga zintegrowanego podejścia do środowiskowych, społecznych i ekonomicznych aspektów działalności przedsiębiorstw, ale do tej pory brak jest badań dotyczących sytuacji przedsiębiorstw z krajów bałtyckich notowanych na giełdzie. Niniejsze badanie ma na celu określenie, w jaki sposób czynniki integrukące, pokazujące zrównoważony rozwój przedsiębiorstw, znajdują odzwierciedlenie w raportach przedsiębiorstw notowanych na giełdzie Nasdaq, które uczestniczą w Global Compact ONZ. Stosując metodę analizy treści, publicznie dostępnych informacji 12 firm, z których 6 jest notowanych na giełdzie, dokonuje sie porównania. Wyniki badań pokazują, że raporty przedsiębiorstw notowanych na giełdzie są bardziej kompleksowe zgodne z zasadami UNGC, ale pomimo publicznie ogłoszonej polityki społecznej i praw człowieka znaczące niedociągnięcia w zakresie zniesienia pracy przymusowej i pracy dzieci, określono wolność zrzeszania się i prawa człowieka oraz w porównaniu z przedsiębiorstwami nienotowanymi na giełdzie Stwierdzono, że notowania giełdowe mogą mieć większy wpływ na przejrzystość przedsiębiorstw, ale zasady UNGC są cennym narzędziem do oceny spójności przedsiębiorstw w ich zaangażowaniu w zrównoważony rozwój biznesu.