Special Issue "Sustainable Development for Corporations: Challenges and Opportunities in Climate Change Background"

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Air, Climate Change and Sustainability".

Deadline for manuscript submissions: 31 December 2022.

Special Issue Editors

Prof. Dr. Xiaohang Ren
E-Mail Website
Guest Editor
Business School, Central South University, Changsha 410083, China
Interests: energy finance; green finance; financial econometrics; sustainable development
Dr. Yukun Shi
E-Mail Website
Co-Guest Editor
Adam Smith Business School, University of Glasgow, Glasgow G12 8QQ, UK
Interests: corporate finance; energy economics; green finance
Dr. Kun Duan
E-Mail Website
Co-Guest Editor
School of Economics, Huazhong University of Science and Technology, Wuhan 430074, China
Interests: environmental economics; climate change; sustainable development
Dr. Cheng Cheng
E-Mail Website
Co-Guest Editor
School of Management Science and Engineering, Shanxi University of Finance and Economics, Taiyuan 030006, China
Interests: environmental economics; energy economics; sustainable development

Special Issue Information

Dear Colleagues,

In recent decades, unprecedented climate change has been recognized as one of the most serious environmental issues worldwide threatening a sustainable future for our planet. In response to the reduction of adverse consequences of global warming, the United Nations (UN), among others, call for the active participation of businesses along with agents of public and civil society towards sustainable development. Since the introduction of Sustainable Development Goals (SDGs) at the United Nations General Assembly (UNGA) in 2015, corporations have started adopting SDGs as a framework for their sustainability activities to achieve these goals. Setting sustainability agendas targeting SDGs helps enhance the quality of corporate social reporting. However, corporations, especially in developing economies, encounter practical issues at the same time, such as the cost of transitioning to low carbon or carbon-free energy or the cost of technological innovation.

Thus, a clear understanding of the challenges and opportunities as well as their relationship in the ongoing process of tackling climate change translates to a high level of sustainable development for corporations, while it has been long devoid of in-depth research. All these considerations motivate the proposal of this Special Issue, which aims to collect studies and research, as well as theoretical contributions, on sustainable development for corporations in the context of climate change.

Topics in this Special Issue include, but are not limited to, the following:

  • Corporate sustainability
  • Corporate social responsibility practices
  • Sustainable management in companies
  • Sustainable business models
  • Capabilities to foster sustainable management
  • Sustainable Development Goals (SDGs)
  • Environmental sustainability
  • Climate uncertainty
  • Green finance and green innovation

Prof. Dr. Xiaohang Ren
Guest Editor

Dr. Yukun Shi
Dr. Kun Duan
Dr. Cheng Cheng
Co-Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1900 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.


  • sustainable development
  • corporations
  • climate change
  • carbon reduction

Published Papers (1 paper)

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Investigating the Impact of Institutional Quality on FDI: Are There Promotional Effects in Economic Integration Regions?
Sustainability 2021, 13(20), 11309; https://0-doi-org.brum.beds.ac.uk/10.3390/su132011309 - 13 Oct 2021
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The purpose of this study is to examine the impact of institutional quality on foreign direct investment (FDI) using panel data of 117 countries around the world from the period of 2001 to 2018. To enhance the accuracy of the estimation results, this [...] Read more.
The purpose of this study is to examine the impact of institutional quality on foreign direct investment (FDI) using panel data of 117 countries around the world from the period of 2001 to 2018. To enhance the accuracy of the estimation results, this study includes various statistical tests to select the estimation method that best fits the sampling data used in this study. Furthermore, while the robust standard error is applied to correct the problem of heteroscedasticity, this study addresses the potential endogeneity problem by system GMM estimation. The results indicate that the improvement in institutional quality significantly and positively contributes to FDI. More importantly, the results also reveal that economic integration has improved the role of institutional quality, indicating that the promotional effects of institutional quality on FDI are greater in economic integration areas. The results also suggest that the launch of China’s Belt and Road Initiative has greatly enhanced the promotional effects of institutional quality on FDI. The findings of this study offer policy implications for policymakers to take measures to improve institutional quality and thereby to enhance FDI and further accelerate the formation of economic integration in a more sustainable way. Full article
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