A recent study led by Vladimir Zharov from the Luzin Institute for Economic Studies of the Kola Science Centre of the Russian Academy of Sciences has introduced a new method for assessing the sustainability of industrial enterprises. Published in the BIO Web of Conferences, this research aims to help industries, including maritime sectors, set and achieve sustainable development goals through a quantitative approach.
The study proposes a “ballistic assessment” method that allows for the measurement of sustainability levels in technological development across various industrial sectors. This innovative approach enables companies to evaluate their sustainability status over time and compare it with their peers, supporting strategic planning and production management. Zharov emphasizes the importance of this method, stating, “This allows us to assess the level of sustainability or unsustainability of any industrial enterprises in any retrospective period of time.”
The research focused on twelve Russian machine-building enterprises in the aviation, automotive, railway, and shipbuilding industries. The findings suggest that to enhance sustainability, industrial enterprises should increase the growth rate of their production technology level. However, Zharov also notes the need to consider the “wave-like nature” of technological growth, which aligns with existing economic theories on technological cycles.
For the maritime sector, the implications are significant. As the industry faces increasing pressure to adopt sustainable practices, the ability to quantitatively assess sustainability can lead to better decision-making and investment strategies. Companies can identify areas for improvement and set realistic targets, ultimately enhancing their competitive edge in an evolving market that increasingly values sustainability.
Moreover, this research opens up opportunities for collaboration between maritime enterprises and academic institutions. By adopting the proposed assessment methods, maritime companies can align their operations with global sustainability trends, potentially attracting investment and improving their market position.
The insights from Zharov’s study highlight the critical intersection of technology, sustainability, and economic viability in industrial sectors, including maritime. As the industry navigates the challenges of sustainable development, quantitative assessment tools like those proposed in this research could play a pivotal role in shaping a more sustainable future.
