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The search for luxurious hospitality experiences increasingly coincides with the imperative to mitigate negative impacts in the pursuit of greater sustainability. This is a task often understood as being complex particularly in the context of luxury hospitality which often resonates with conspicuous consumption. This chapter uses a case study approach to analyze the complex relationship between luxury tourism and sustainability. The study focuses on the development of “luxury” from a materialistic perspective toward an experience economy and relates this to the concept of sustainability and agreements relevant to the tourism industry. The environmental impact of luxury hospitality is then discussed. The case study on properties in Costa Rica, South Africa, the Maldives, Vietnam, and French Polynesia focuses on philosophy, facilities, energy and waste consumption, food and beverage, conservational and educational activities, and alignment to the United Nations Sustainable Development Goals (UN SDGs). The focus is on the properties and shows limitations in that it is not applicable to the whole tourist journey and experience. All properties understand luxury as based on experiences and involvement in nature. Measures to mitigate environmental impact and foster conservational and educational activities are mainstream practices. Comparing the cases with academic literature on luxury, sustainability, ecotourism, and environmental policies underline that sustainability-driven luxury hospitality shows valuable steps toward a more sustainable product but is ultimately faced with the dilemma of taking into consideration and ultimately mitigating the impacts of the entire travel value chain.

Climate change has been identified as a pressing social, environmental and economical challenge that has been unequivocally linked to human activity through latest Intergovernmental Panel on Climate Change (IPCC) reports. It is here to stay with us for generations to come and is already causing severe tribulations across the world. As nations devise policies to mitigate to climate change to stay within the 1.5 degrees Celsius target and small island developing states (SIDS) like Mauritius and the developing world in general find means to adapt to its consequences, a core shortcoming highlighted is the lack of community engagement and grassroots action so that policies permeate to concrete action. Of prime importance for this to happen is raising awareness on the climate change phenomenon, which has so far been a topic deemed complex for the general public, hence creating systemic barriers for climate action. The use of artificial intelligence (AI) can play a significant role in designing such community outreach programmes based on outcomes reported in literature in the educational sector in support of Sustainable Development Goal (SDG) 4: Quality Education. There is growing interest for a green lifestyle in the world population, and this chapter shows how the home can be used as a basic building block for allowing each household to contribute to climate action, while offering an effective case study to raise awareness on climate change through practical examples and demonstration, in support for SDG 11: Sustainable Cities and Communities. Based on an energy-water-materials nexus, the circular home concept is a clear contribution to SDG 13: Climate Action, with huge potential to use AI techniques and underpinning technologies to implement and optimise the efficacy of the proposed measures.

Global value chains (GVCs) have been challenged by several emerging macro-trends during the last years. Among them, sustainability of production and consumption patterns is becoming a central theme given the necessity to mitigate the degradation of the environment and the over-exploitation of scarce natural resources. In this respect, scholars and practitioners increasingly propose the circular economy (CE) approach as a systemic solution to overcome the conventional linear “take–make–use–dispose” model underlying the structure of contemporary global economy. However, the international business (IB) community has introduced the topic of CE only marginally in its debate. The aim of the present study is to fill this research gap identifying the opportunities for integrating IB and CE principles. Thus, the main objective is to investigate whether and how the adoption of the CE paradigm by multinational enterprises (MNEs) may affect activities, geographical configuration, and governance of their relevant GVCs.

The authors address the issue from a conceptual point of view, identifying direct and indirect impacts of CE adoption on GVC, relative enablers, and possible broader implications. Lastly, the authors propose some reflections for future investigations.

In this chapter, the author provides a concise introduction to the 3C Model of Taoism in responsible management. The discussion delves into the fundamental concepts of sustainable development, including the 3P Model (people, profit and planet), which represents the key dimensions of sustainable business development. Additionally, the relationship between the 3C Model and the 3P Model is examined, highlighting the interconnectedness of these frameworks. The 3C Model of Taoism encompasses compassion, conservation and compliance, which are integral components of responsible management. By integrating these principles into management practices, organizations can foster a more sustainable and ethical business environment. The chapter concludes with a compelling business story that demonstrates the application of Taoist principles in the establishment and growth of a successful firm in the United Kingdom. This real-life example illustrates the positive impact of incorporating the 3C Model of Taoism in management practices, leading to a sustainable business.

The environmental performance of organizations has come under public policy limelight since the phenomenal increase of natural resource degradation and industrial waste. Thus, green concepts have been put forward, but the implementation of green practices faces many barriers and challenges. These barriers require attention as organizational practices are negatively affecting the environment leading to global warming and climate change. Therefore, this chapter systematically identifies four internal barriers including inadequate management commitment and support, insufficient technology competence and infrastructure, financial constraints, the uncertainty of economic benefits, and eight sub barriers within an organization concerning green concepts implementation. Moreover, this chapter also identifies four external barriers including lack of stakeholder's interest, inadequate environmental administrative support, scarce academic research, and lack of green collaborative practices, and eight sub barriers outside an organizational context concerning green concept implementation. The barriers in this research were identified by reviewing the existing literature on the topic. This chapter advances the green literature by identifying multiple barriers and challenges to the successful implementation of green concepts in organizations. This is of significance as if these barriers are tackled strategically, it would reduce environmental degradation problems and help make financial gains. Moreover, this research can help managers understand the key barriers to green concept implementation and provide guidance to them when attempting to implement green practices in their organizations. This research would also motivate researchers to extend further investigation on how to overcome such barriers and find out strategies to mitigate the barriers to green concept implementation to effectively address environmental issues.

This chapter analyzes the efficiency levels of a circular economy (CE) with an emphasis on transaction costs. It examines the governance aspect of CE activities in comparison to the predominant linear value creation. Extant CE research in business studies tends to be descriptive and lacks a theoretical foundation, particularly in understanding CE management. Transaction cost theory explains efficiency in economic organizing, lending itself to the study of arrangements that maximize resource efficiency at continued economic virtue. The conceptualization proposes that CE transaction costs are greater than those within the linear economy (LE), primarily due to the uncertainties about reciprocal dependencies, looping material complexities, exchanging novel information, and increased contracting efforts. Geographically bounded and institutionally homogeneous CE initiatives may curb these rising costs. By bringing efficiency concerns into CE analysis, the chapter demonstrates the applicability of transaction cost theory and highlights CE relevance to international business by pointing out spatial choice implications.