**4. Conclusions, Practical Challenges, and Future Directions**

In our view, the research papers in this Special Issue echo the multidimensional and inter-correlated nature of corporate sustainability governance factors and innovation strategies and the various ways in which they can be embedded into corporate business models and tactics at different levels and by different types of organizations to achieve the long-term sustainable development goals.

*Practical challenges*—In the last thirty years, both corporate governance and sustainability practices have faced some vital practical challenges. For example: – As firms are following different corporate governance codes and sustainability guidelines, they are beholding variations in their sustainability governance practices. Of course, this will affect the overall effectiveness of the governance system and the way of creating sustainable financial values for corporate stakeholders.


*Future directions*—The future maintains promising scenarios for corporate sustainability governance frameworks. For instance, current sustainability governance developments and innovations suggest that implementing these governance frameworks will help the thinktank (i.e., boardroom members) to know how to lead their firms to create value in wide-scale success and engage with their societies to achieve the three pillars of sustainability, economic, environmental, and social performance). Hence, the future directions of corporate sustainability governance include:


Finally, we hope that the readers of the *Sustainability-MDPI* will find this special issue worth reading.

**Author Contributions:** Both authors have contributed equally to this editorial. All authors have read and agreed to the published version of the manuscript.

**Funding:** This research received no external funding.

**Acknowledgments:** We would like to thank the journal's editorial team for their valuable support, suggestions, and constructive feedback. All remaining errors are our own.

**Conflicts of Interest:** The authors declare no conflict of interest.
