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Implementation of ecological innovations in Ukrainian industry: current trends and challenges

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Category: Content №3 2026

Last Updated on 26 June 2026

Published on 30 November -0001

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Authors:

T. Vlasenko*, orcid.org/0000-0002-9515-2423, Academy of Silesia, Katowice, Republic of Poland; Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Shi Xiaoxi, orcid.org/0009-0006-6982-3381, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine

Р. Matvieiev, orcid.org/0000-0003-0194-6909, Livestock Farming Institute of the National Academy of Agrarian Sciences of Ukraine, Kharkiv, Ukraine

O. Maistrenko, orcid.org/0000-0002-8007-3191, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine

I. Nedobor, orcid.org/0009-0004-7780-6296, Department of Public Diplomacy and International Affairs, Community Organization “Living in the Hour of War”, Kyiv, Ukraine

O. Makieiev, orcid.org/0009-0000-2300-933X, Livestock Farming Institute of the National Academy of Agrarian Sciences of Ukraine, Kharkiv, Ukraine

* Corresponding author e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

повний текст / full article

Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2026, (3): 115 - 124

https://doi.org/10.33271/nvngu/2026-3/115

Abstract:

Purpose. To assess the impact of investment support for environmental protection activities on the operational efficiency of industrial enterprises in Ukraine.

Methodology. To achieve the set goal, a complex of general scientific and specialized methods was employed, including theoretical generalization, comparative analysis, statistical analysis, correlation analysis, factor analysis, graphical methods, as well as induction, deduction, and synthesis.

Findings. It has been established that the Ukrainian industry has been gradually adapting to the principles of environmental management. This is evidenced by increasing investment in modernizing technical infrastructure and conserving resources, as well as a gradual transition to closed-loop technologies. The application of factor analysis enabled the identification of three latent factors within the system of capital investments in environmental protection: an ecological and technological factor associated with environmental modernization, an engineering and technical factor reflecting the development of environmental infrastructure, and investments in specialized areas of environmental safety and radiation control. A statistically significant effect was revealed of capital investments in environmental protection on indicators of enterprises’ operational and overall profitability. A positive impact was observed in such areas as wastewater treatment and biodiversity and habitat conservation. At the same time, expenditures related to radiation safety demonstrated a short-term negative effect due to their long payback period and pronounced socio-environmental orientation.

Originality. The approach to assessing the impact of environmental innovations on industrial enterprises’ economic performance in advanced. Unlike the existing approaches, the proposed framework is based on identifying latent factors of environmental investment, constructing multifactor regression models. Evaluating the effect of these innovations on macroeconomic indicators and enterprise profitability provides a more substantiated basis for justifying the implementation of environmental innovations as a tool for enhancing industrial competitiveness and ensuring sustainable economic development.

Practical value. The research results have practical value, as substantiated models should be used to optimize investment structures in environmental protection activities and to predict their impact on enterprises’ financial results.

Keywords: ecological innovations, green transformation, sustainable development, industrial enterprises, greening

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