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We examine the longitudinal relationship between corporate social responsibility (CSR) performance and financial performance by investigating attributes among firms operating in different industry sectors longitudinally. Using panel regression analysis on Australian publicly listed firms from 2007 to 2021, we find that CSR performance positively influences financial performance. Furthermore, our industry-specific analysis uncovers notable distinctions. Specifically, within the consumer product markets, including recreational facilities, travel and tourism, lodging, dining, and leisure products, firms benefit from stakeholder rewards for their CSR efforts, leading to sustained financial gains. However, this positive association is absent for firms operating in industrial product markets, where stakeholders do not offer similar rewards for CSR performance. The significance of stakeholder engagement becomes evident in consumer market sectors, as firms with higher levels of CSR performance secure stakeholder support, resulting in superior long-term financial performance. Our findings contribute to the existing CSR literature and offer practical insights and implications for managers operating in diverse product market industries, including the dynamic field of tourism and hospitality seeking to harness CSR performance, meet stakeholder expectations, and achieve financial advantages.

The COVID-19 pandemic has impacted all sectors of the tourism industry, particularly air transportation. However, air transport remains an important contributor to economic growth globally. Thus, this study examines whether air transport (a proxy for tourism) stimulates economic growth to validate the air-transportation-led growth hypothesis (ALGH) in the Australian context. To conduct the study, we analyse the asymmetric long-run and short-run impacts of the air passengers carried (a proxy for tourism) on the gross domestic product (GDP) in Australia. We use the nonlinear autoregressive distributed lag (NARDL) modelling approach on data for Australia from 1971 to 2019. We also examined the effects of selected control variables (i.e., energy consumption, financial development, socialisation, and urbanisation) on economic growth. In both the short and long run, we observed statistically significant asymmetric impacts of air transport on economic growth. The positive shocks in air transport propel the long-term growth of Australia’s economy. Additionally, according to the findings, negative shocks of air transport have a stronger detrimental impact on economic development than positive shocks.

The sustainable management of agricultural residues is a pivotal element in ensuring the sustainable development of agriculture. This is based on strategies that include the reutilization of residues as a substrate for the cultivation of economically significant mushroom species. The primary aim of this investigation is to assess the viability of utilizing two of the most prevalent agricultural residues in Ecuador as a substrate for the cultivation of hybrids within the Pleurotus genus. This assessment includes an evaluation of the nutritional and productivity parameters exhibited by the resulting mushrooms, employing multivariate statistical methodologies. The hybrid strains were developed by crossing compatible neohaplonts obtained through chemical dedikaryotization. A total of five neohaplonts of Pleurotus ostreatus as parental strain P1 and five monokaryons of Pleurotus djamor as parental strain P2 were randomly crossed in all possible combinations. Two parental hybrid strains, H1 and H2, were produced. These hybrids were cultivated using agricultural waste substrates, specifically, green banana leaves (GBL) and sugarcane bagasse (SB). Two distinct treatments or mixtures were tested: M1 (composed of 80% SB and 20% GBL) and M2 (composed of 20% SB and 80% GBL). It was found that the M1 blend promotes mushroom growth, yielding superior properties attributable to the higher proportion of nutritional content derived from sugarcane bagasse.

Integrating renewable energy into public space is becoming more common as a climate change solution. However, this approach is often guided by the environmental pillar of sustainability, with less focus on the economic and social pillars. The purpose of this paper is to examine this issue in the speculative renewable energy propositions for Freshkills Park in New York City submitted for the 2012 Land Art Generator Initiative (LAGI) competition. This paper first proposes an optimal electricity distribution (OED) framework in and around public spaces based on relevant ecology and energy theory (Odum’s fourth and fifth law of thermodynamics). This framework addresses social engagement related to public interaction, and economic engagement related to the estimated quantity of electricity produced, in conjunction with environmental engagement related to the embodied energy required to construct the renewable energy infrastructure. Next, the study uses the OED framework to analyse the top twenty-five projects submitted for the LAGI 2012 competition. The findings reveal an electricity distribution imbalance and suggest a lack of in-depth understanding about sustainable electricity distribution within public space design. The paper concludes with suggestions for future research.

Sustainably feeding the world’s growing population represents one of our most significant challenges. Aquaculture is well positioned to make contributions towards this challenge. Yet, the translation of aquaculture production innovations into benefits for rural communities is constrained by a limited understanding of the social dynamics that influence the adoption of new agricultural practices. In this paper, we investigate the factors that shape the spread of small-scale tilapia aquaculture through rural Solomon Islands. Based on diffusion of innovation theory, we focus on three potentially influential factors: (i) socio-economic characteristics of adopters; (ii) the role of opinion leaders; and (iii) characteristics of the innovation. We find that farmers who were wealthier, older, and had more diverse livelihoods were most likely to be adopters. Opinion leaders facilitated the adoption of tilapia aquaculture, but lacked the capacity to provide fundamental knowledge necessary to realize its potential benefits to food security. The paper argues for more explicit attention to the poorest households and makes the case for a deeper engagement with the broader social and institutional contexts that shape the adoption process. Aquaculture interventions that account for these social dynamics are critical for translating production innovations into sustainable benefits to rural communities.

Solar photovoltaic (PV) energy systems are one of the most widely deployed renewable technologies in the world. The efficiency of solar panels has been studied during the last few decades, and, to date, it has not been possible to displace the production of energy using crystalline silicon wafer-based technology whose efficiency has reached values around 26.1%. Moreover, using solar tracking PV systems has become a feasible alternative to increase the electric output of PV silicon technologies instead of using the conventional fixed PV installation on a flat or sloping surface. The following study has compared fixed and dual-axis sun-tracking PV panels in order to quantify the enhancement associated with the amount of energy harvested when using dual-axis tracking PV systems in the city of Manta, located in a coastal region of Ecuador. In order to carry out this study, an IoT monitoring system based on Raspberry Pi3 and Arduino platforms was used. Measurements of solar radiation (W/m2), light intensity (Lux), temperature (°C), short-circuit current (A), and open-circuit voltage (V) were taken every minute for both systems. The results prove that the dual-axis tracking PV system produces, on average, 19.62% more energy than the static PV system. These results present an 8.62% energy increase with respect to a previous study carried out in an equatorial region with similar characteristics to those of the city of Manta, where a one-axis tracking PV system was used.

The integration of sustainable practices into infrastructure projects under the auspices of public-private partnerships (PPPs) is vital in the attainment of United Nation’s Sustainable Development Goals (SDGs). Since the inception of the SDGs in 2015, the attention of world has been shifting towards more sustainable practices and it is essential that the conventional performance measurement models on PPP projects also adapt to the trend of sustainable practices. Therefore, This study aims at reviewing and operationalising sustainable performance measures for the PPP infrastructure projects. A systematic literature review (SLR) methodology was utilised in this study. The research process began with the search, retrieval and selection of thirty-three (33) journal articles. Thoroughly, the selected articles were contently analysed to form key themes that form the basis of this research’s findings. The outcomes of this review demonstrate twenty-seven (27) most critical sustainable performance criteria of PPP projects such as the lowest project costs, green index, disability-friendly inclusion rate and carbon emission per project among others. Although, the study is limited to few journal articles, it provides theoretical and practical understanding of integration of sustainability in PPPs. Further, it gives a list of relevant research gaps for further studies. This study contributes to the benchmarking and management of sustainable performance assessment of PPP projects.