Multi-Criteria Decision Analysis (MCDA) methods are widely used in various fields and disciplines. While most of the research has been focused on development improvement new MCDA methods, relatively limited attention paid to their appropriate selection for given decision problem. Their improper application decreases quality recommendations, as different deliver inconsistent results. The current paper presents a methodological practical framework selecting suitable particular situation. A set...

A literature review showed that finance is a driver of sustainability. However, to achieve sustainability through finance, it necessary rebuild and adapt the financial system specifics sustainable development. Modern systems can be described as one-dimensional, focusing on ensuring economic security transactions. Meanwhile, growing role risk related non-financial factors means referred ESG (environmental, social, governance) become main source threatening stability systems. Adaptation...

The World Bank and International Monetary Fund reported that the achievement of 17 Sustainable Development Goals (SDGs) requires an escalation development finance. report Scaling Finance for highlighted urgency efforts to realize SDGs in encouraging financial innovation move quickly. Even if role finance achieving is unquestionable, few scientific studies have addressed these issues. We tried fill existing research gap. In this study, we examined link between sustainable based on European...

This data article describes the analysis of 56 MCDA (Multi-Criteria Decision Analysis) methods in regards to 9 decision-making problem characteristics structured into 3 levels. The impact uncertainty description on method selection is studied. 450,000 possible descriptions a decision were studied, resulting sets rules which can serve as input uncertainty-aware support systems. Comprehensive analyses obtained rule are provided. An exemplary system based presented was created and available at...

The growing risk of climate change caused by the emission greenhouse gases poses new challenges to contemporary countries. development economies is usually related increasing levels gas emissions. Therefore, question arises whether it possible achieve sustainable economic and financial simultaneously reduce This paper assumes if energy efficiency increased. aim show link between in Organisation for Economic Co-operation Development (OECD) countries period 2000–2018 using data envelopment...

Governments all over the world are investigating how to mitigate environmental risk and address climate policies achieve sustainable development goals (SDGs). This study focuses on interactions between policy different SDGs. The analyses panel data for EU countries. Greenhouse gas emissions were used as a dependent variable. tests non-linear effects, which allow Environmental Kuznets curve phenomena be identified extends this line of research by checking non-linearity time-lagging...

Abstract The article presents the state of research on greenwashing. Greenwashing is a popular trend; recently (especially, 2020–2023), more and systematic reviews have been published. However, unlike other reviews, broadest possible perspective, without highlighting any trends. original approach expressed in as review literature reviews. As result conducted using correspondence analysis years 2007–2023, 112 publications were isolated grouped into six clusters presenting according to groups...

Wind is the most used renewable energy source (RES) in European Union and Poland. Due to legal changes scope of RES Poland, there are plans develop offshore wind farms at expense onshore ones. On other hand, success an farm primarily determined by its location. Therefore, aim this study select locations based on sustainability assessment, which inherent aspect decision-making issues. To accomplish objectives research, PROSA (PROMETHEE for Sustainability Assessment) method, a new...

The goal of the paper is to examine relation between finance and sustainability, with a special emphasis on impact negative externalities. Sustainable development as concept aims mitigate Conventional offers no room for environment society. Therefore, three-dimensional sustainable has appeared. This first original attempt relationship between: financial, economic, environmental social indicators from sustainability perspective, focus To study disparities European Union (EU) countries...

Abstract In conditions of limited natural resources, growing social awareness, and ESG risk, sustainability the pressure to be sustainable are gaining importance. Legislative requirements, good practices recommendations as well stakeholders themselves expect from market participants, especially enterprise sector, that they will incorporate in their activities. Enterprises undertake adaptation activities towards by creating value based on business models. The article aims systematize state...

The basis for implementing demands a green city is the use of, among other things, innovative “clean” technologies. However, it mostly and directly connected to increased of electric energy. Green transport an appropriate example this. By contrast, conventional sources energy (e.g., based on coal) have very negative impact people environment. Therefore, this article mentions attempt solve complex problem employing renewable (RES) as element “green city” system. research was carried out...

The purpose of the paper is to analyse relationship between digitalisation public services (e-government) and ESG factors (environmental, social economic factors). As administration a major stakeholder influencing sustainable development state governments are aiming digitise their services, there need better understand effect digital revolution on ESG. This article aims study E-Government Development Index (EGDI) in 26 European countries. linear ordering method TOPSIS (Technique for Order...

The article aims to systematize the state of knowledge and research on inclusion ESG (Environmental, Social, Governance) risk in companies’ business models, with a special stress energy sector companies. Many publications address incorporating ESG, but only some deal it from perspective models. This paper fills that gap. methods into sustainable model, identified basis literature review, were verified based examples three companies industry. A two-stage review WoS Scopus databases was...

Introduction: ESG risk and the business sector are essential in process of adapting models towards sustainability. The article aims to analyze risk, taking into account these sectors that most affected by identify relationship between cooperation financial institutions companies (Anglo-Saxon/German-Japanese). original research approach was based on including system model analysis impact companies’ methods achieving sustainable with external funding. Methods: study is a two-stage analysis....

The focus of this paper is the relationship between sustainable energy sources and financial development. main research hypothesis assumes a positive link these areas, with inevitable differences across countries business sectors. following questions were asked: Is impact development on resources same in different EU advanced green transition processes? How towards renewable progressing economic sectors? Does influence sectoral particular countries? This study uses TOPSIS method 25 variables...

While viral marketing has captured substantial academic and professional interest, the processes that underpin successful campaigns remain poorly understood. High competition pressure for lead to strategies based on persuasion, unsolicited messages, other techniques negatively affect brand perception. The need more sustainable with a limited negative impact web users is observed. Therefore, current study examines effectiveness of supporting campaign, where main goal was increase user...

Goal: Building stable infrastructure and promoting innovation is the ninth goal of sustainable development. It implemented, among others, by increasing access to information communication technologies providing affordable universal Internet. The aim article assess current level broadband Internet possibility its faster dissemination using a crowdsourcing platform, new solution used public administration in Poland. platform involves shows administration's experience it ensure wide Internet,...

In environmental, social, and governance (ESG) risk conditions, implementing Sustainable Development Goals (SDGs) becomes a key priority. This involves not only direct financing but also establishing support system through sustainable financial products services, supported by the development of markets, especially in terms sustainability. Financial varies across countries, prompting an examination relationship between SDGs European Union countries. 27 countries were studied from 2008 to 2021...

Environmental risks, in particular climate change and environmental pollution, are among the key challenges faced by modern governments nowadays. risks associated with specific costs expenditures necessary to mitigate their negative effects. In this context, financial system plays a significant role, particularly public system, which allocates redistributes resources has an impact on market participants imposing taxes. This study assessed interdependence between degradation expenditure,...

One of the key challenges for climate policies is identification strategies that will effectively support implementation environmental goals. Environmental are connected with other development carried out by governments. In order to comprehensively shape policy, it important understand interactions between sustainable goals (SDGs) as well their impact on Employing econometric modeling based least absolute shrinkage and selection operator (Lasso) method full-factorial analysis, authors...

Sustainable financial systems are gaining importance in light of the increasing impacts ESG risk real and spheres. It is believed that sustainable effectively support management this on national, international global scales, hence the, inter alia, UNEPFI recommendations. Work building differs degree advancement at level individual countries institutions. The aim article to show activities depends attitude awareness managers institutions and, consequently, banking system model. As a result...