Do higher education institutions contribute to countries’ SDG progress: Evidence from university rankings

Author:

Smolennikov Denys1ORCID,Makarenko Inna2ORCID,Bacho Robert3ORCID,Makarovych Viktoriia4ORCID,Oleksich Zhanna5ORCID,Gorodysky Mykola6ORCID,Polishchuk Iryna7ORCID

Affiliation:

1. Assistant Professor at the Department of Management, Sumy State University

2. Doctor of Economics, Professor, Department of Accounting and Taxation, Sumy State University, Ukraine; Researcher, University of Helsinki, Finland

3. DSc. in Economics, Full Professor, Head of Accounting and Audit Department, Ferenc Rakoczi II Transcarpathian Hungarian College of Higher Education

4. Ph.D., Associate Professor, Ferenc Rakoczi II Transcarpathian Hungarian Institute, Ukraine

5. Ph.D., Department of Accounting and Taxation, Sumy State University

6. Ph.D. in Economics, Associate Professor, Department of Information Systems in Management and Accounting, Zhytomyr Polytechnic State University

7. Ph.D., Associate Professor, Department of Information Systems in Management and Accounting, Zhytomyr Polytechnic State University

Abstract

The UN Sustainable Development Goals (SDGs) have become a universal call to action over the past few years and a basis for assessing the progress of sustainable development of countries and organizations. This paper aims to identify the relationship between the sustainable development activities of universities in different regions of the world, as reflected in the Times Higher Education Impact Rankings (THE IR), and the progress towards achieving SDGs of the countries in which these universities operate. The research methods were correlation analysis and robust regression tools, and parametric and non-parametric methods of variance analysis. The information base was the results of annual reports based on the THE IR and Sustainable Development Reports for 2017–2021. The results confirm the existence of directly proportional close correlations between the variables, while the regression analysis confirmed that a one-unit increase in the overall THE IR ranking score leads to a corresponding increase in the overall progress of countries in achieving SDGs (on average by 0.2-0.3 units) and SDGs 3, 8, 11, 16 in particular. It was also found that universities play a key role in achieving different SDGs in various regions. In Latin America, the Caribbean, the Middle East, and North Africa, universities are critical for SDG 17 achieving. In OECD countries, universities contribute most to SDG 3. Examples of the best practices that can be used as a guide for university administrations that are at the beginning of developing sustainable development policies are also given. Funding Inna Makarenko gratefully acknowledges support from the Jean Monet module project “Transparency. Accountability. Responsibility. Governance. Europe. Trust. Sustainability” financed by the Erasmus+ program (101085395 – TARGETS – ERASMUS-JMO-2022-HEI-TCH-RSCH).

Publisher

LLC CPC Business Perspectives

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