• Energy Research

The growing interest in sustainable development is reflected in both the market’s sensitivity to environmental and social issues and companies’ interest in the opportunities that sustainable development objectives provide. SMEs, which account for most of the world’s pollution, have significant resource constraints for a sustainable development. Sharing their scarce resources can help them to overcome these constraints and to gain agility and organisational resilience against uncertainties, but the distrust inherent in belonging to different companies prevents them from sharing the necessary information for coordination purposes. This paper presents a coordination mechanism proposal with information asymmetry to allow independent companies’ resources to be sustainably shared as a technological driver. The proposed distributed coordination mechanism is compared to both a decentralised–uncoordinated and a centralised situation. The interest of the proposal is evaluated by a computer simulation experiment employing mathematical programming models with independent objectives in the Generic Materials and Operations Planning formulation with a rolling horizon procedure in different demand, uncertainty and product scenarios. Competitive improvement is identified for all members for their excess capacity use and their operations planning.

In the financial industry, two relationships are well-researched: (i) innovation and financial performance and, (ii) sustainability and financial performance, both focused primarily on Western and advanced countries. The relationship between innovation and sustainability, however, is underresearched. This study’s purpose consists of determining whether there is a relationship between innovation and corporate sustainability in the financial industry. In doing so, this study responds to a critical question: are the most innovative firms also the most sustainability-oriented? We empirically explore sustainability-oriented innovation in the financial industry of 11 catching-up countries in Central and Eastern Europe (CEE). Using Community Innovation Survey (CIS) data for 2012–2014, this study empirically analyzes a large sample of 1574 firms in the financial industry. Our results suggest that innovation is positively linked to corporate sustainability, pointing out that innovation capabilities are positively related to sustainability. Our study proposes a framework for analyzing innovation and sustainability from a capability-perspective.

Pressure from stakeholders for sustainable development is forcing top management to reconsider its supply chain management. This form of sustainability must consider the risks, insecurities, and lack of proximity caused by any event on the global economy. Organizations must identify and manage the risks of every link in the chain, while pursuing sustainable development. Corporate social responsibility (CSR) and sustainable development must be the result of a deliberate and coordinated response by the entire organization. A suitable segmentation of suppliers allows development strategies to be prioritized. This article presents the steps that should be followed in supply chain management, the identification of risks, and the new leadership of purchasing management to develop a sustainable supply chain. To this end, some of the key industrial actions reported in the literature are outlined, and two case studies are presented to identify the steps for the segmentation and dynamic development of suppliers. This article provides reflections on the responsibilities of senior management in the new era of sustainable development and presents guidance on how to coordinate sustainable development in the supply chain.