scholarly journals Regulatory Limits to Corporate Sustainability: How Climate Change Law and Energy Reforms in Mexico May Impair Sustainability Practices in Mexican Firms

Systems ◽  
2019 ◽  
Vol 7 (1) ◽  
pp. 3
Author(s):  
Antonio Lloret ◽  
Rogerio Domenge ◽  
Mildred Castro-Hernández

This paper aims to show that sustainable behavior by firms may be impaired by regulatory restrictions. We challenge the assumption that regulation aimed at curbing greenhouse gas emissions (GHG) in the form of a target to meet the Country’s GHG emissions commitments will promote sustainable corporations. We argue that, in fact, such regulation may impair sustainability practices because it creates unintended consequences. This paper tackles the efficiency of the institutional framework chosen through the lenses of the analytical themes of fit, scale, and interplay, then we use a systems dynamic approach to represent how regulation in the arenas of energy efficiency and GHG emissions reduction may withhold competitive business outcomes and corporate sustainability schemes. We exemplify and simulate a single regulation scheme: a clean energy target for firms; and found that as a result of such scheme, the system is dominated by negative feedback processes resulting in lesser outcomes that would be better tackled by firms not being subject to the restrictions imposed by the regulation.

Author(s):  
Antonio Lloret ◽  
Rogerio Domenge ◽  
Mildred Castro-Hernández

This paper aims to show that sustainable behavior by firms may be impaired by regulatory restrictions. We challenge the assumption that regulation aimed at curbing greenhouse gas emissions (GHG) on the form of a target to meet the Country’s GHG emissions commitments will promote sustainable corporations. We argue that, in fact, such regulation may impair sustainability practices because it creates unintended consequences. This paper tackles the efficiency of the institutional framework chosen through the lenses of the analytical themes of fit, scale and interplay, then we use a systems dynamic approach to represent how regulation in the arenas of energy efficiency and GHG emissions reduction may withhold competitive business outcomes and corporate sustainability schemes. We exemplify and simulate a single regulation scheme and found that as a result of the institutional scheme chosen, the system is dominated by negative feedback processes resulting in lesser outcomes that would be better tackled by firms not being subject to the restrictions imposed by the regulation.


Author(s):  
Antonio Lloret ◽  
Rogerio Domenge ◽  
Mildred Castro-Hernández

This paper challenges the assumption that “state-of-the-art” regulation aimed at curbing greenhouse gas emissions (GHG) by firms is the panacea that will force firms to face the impact of climate change and create conditions that promote sustainable corporations. We argue that, in fact, such regulation, when improperly implemented, may impair sustainability practices because it creates unintended consequences. This paper tackles the design and efficiency of the institutional framework chosen through the lenses of the analytical themes of fit, scale and interplay. Then, we model a systems dynamic approach to represent how public policy in the arenas of energy effi-ciency and GHG emissions reduction may interplay with competitive business outcomes and cor-porate sustainability schemes. We found, as a result of the institutional design chosen, that the sys-tem is dominated by negative feedback processes resulting in inefficient outcomes that would be better tackled by firms not being subject to the restrictions imposed by the new laws.


2014 ◽  
Vol 05 (01) ◽  
pp. 1440003 ◽  
Author(s):  
GIACOMO MARANGONI ◽  
MASSIMO TAVONI

This paper uses an integrated assessment model to quantify the climate R&D investment strategy for a variety of scenarios fully consistent with 2°C. We estimate the total climate R&D investment needs in approximately 1 USD Trillion (all monetary values in this paper are given in 2005 US dollars using market exchange rates) cumulatively in the period 2010–2030, and 1.6 USD Trillions in the period 2030–2050. Most of the R&D would be carried out in industrialized countries initially, but would be evenly split after 2030. We also assess a "climate R&D deal" in which countries cooperate on innovation (while innovation is a broad topic, in this paper, we will be referring to its R&D component) in the short term, and find that an R&D agreement slightly underperforms a climate policy based on the extension of the Copenhagen pledges till 2030. Both policies are inferior to full cooperation on mitigation starting in 2020. A global agreement on clean energy innovation beyond 2030 without sufficiently stringent GHG emissions reduction policies is found to be incompatible with 2°C.


2021 ◽  
Author(s):  
Chong Li

Abstract The aim of this study is to analyze the feasibility of the construction of 1-MW grid-connected solar photovoltaic (GCSPV) power stations at four locations of Jiangsu province, China. The economic, emission, sensitivity and risk analyses of the proposed systems are all performed using the RETScreen clean energy management software. The GCSPV system in Xuzhou is more economically viable than those in other regions under consideration, while this system in Nanjing is relatively less economically viable. The GCSPV power stations in Xuzhou have the largest annual Greenhouse gases (GHG) emissions reduction due to its largest electricity production from the proposed system. The sensitivity analysis results on NPV show significant variations due to the variations of electricity export rate (EER) and initial costs (ICs) parameters. The NPV of the proposed system increases from 707,589 $ to 2,046,766 $ with the increase of the EER, while the NPV of the system decreases with the increase of the ICs at the same of EER. The risk analysis shows the largest influence on the NPV of the project is the change of the EER with positive correlation, while the least impact on the NPV is the debt term with positive correlation.


2021 ◽  
pp. 0887302X2199826
Author(s):  
Muzhen Li ◽  
Li Zhao

Nowadays, more fashion companies have started to adopt various sustainability practices and communicate these practices through their annual public CSR reports. In this study, we aim to provide a holistic perspective of fashion companies’ sustainable development and investigate the sustainability practices of global fashion companies. A total of 181 CSR reports from 29 fashion companies were collected. A Dictionary approach text classification method, combined with Latent Dirichlet Allocation (LDA), a computer-assisted topic modeling algorithm, was implemented to detect and summarize the themes and keywords of detailed practices disclosed in CSR reports. The findings identified 12 main sustainability practices themes based on the triple bottom line theory and the moral responsibility of corporate sustainability theory. In general, waste management and human rights are the most frequently mentioned themes. The findings also suggest that global fashion companies adopted different sustainability strategies based on their product categories and competitive advantages.


2019 ◽  
Vol 11 (16) ◽  
pp. 4261 ◽  
Author(s):  
Xuerong Li ◽  
Faliang Gui ◽  
Qingpeng Li

The development of clean energy is of great importance in alleviating both the energy crisis and environmental pollution resulting from rapid global economic growth. Hydroelectric generation is considered climate benign, as it neither requires fossil carbon to produce energy nor emits large amounts of greenhouse gases (GHG), unlike conventional energy generation techniques such as coal and oil power plants. However, dams and their associated reservoirs are not entirely GHG-neutral and their classification as a clean source of energy requires further investigation. This study evaluated the environmental impact of the Xiajiang hydropower station based on life cycle assessment (LCA) according to the 2006 Intergovernmental Panel on Climate Change (IPCC) guidelines, focusing specifically on GHG emissions after the submersion of the reservoir. Results reveal that although hydropower is not as clean as we thought, it is still an absolute “low emissions” power type in China. The amount of GHG emissions produced by this station is 3.72 million tons with an emissions coefficient of 32.63 g CO2eq/kWh. This figure is lower than that of thermal power, thus implying that hydropower is still a clean energy resource in China. Our recommendations to further minimize the environmental impacts of this station are the optimization of relevant structural designs, the utilization of new and improved construction materials, and the extension of farmland lifting technology.


2015 ◽  
Vol 10 (1) ◽  
pp. 23-49 ◽  
Author(s):  
Praveen Goyal ◽  
Zillur Rahman ◽  
Absar Ahmad Kazmi

Purpose – The purpose of this paper is to identify and prioritize the corporate sustainability practices to improve the corporate sustainability performance in the manufacturing sector. Further, these practices are being prioritized to find out the essential practices to ensure logical allocation of limited resources. Design/methodology/approach – It examines the corporate sustainability practices which have been shortlisted from both the literature review and experts judgment. Then, analytic hierarchy process has been used to assess the identified 12 practices of corporate sustainability and to find their priorities for improvement of the corporate sustainability performance. Findings – Based on the hierarchical model developed in this study, the analysis reveals market value, environment management and strategy, research and development, pollution prevention, corporate governance and investor responsibility, which have been found to be the most important practices in improving the corporate sustainability performance. Practical implications – The findings of the study would be useful to the practitioners in the proper allocation of scarce resources to optimize the corporate sustainability performance of firms, especially the manufacturing entities. Originality/value – It is a fact that multi-faceted nature of corporate sustainability includes both subjective and objective dimensions. Therefore, prioritization of corporate sustainability at the factor level is one of the important contributions to the literature that has been addressed in the present study. The results of this paper may be generalized to the other sectors.


2011 ◽  
Vol 102 (16) ◽  
pp. 7457-7465 ◽  
Author(s):  
Andrea Zamboni ◽  
Richard J. Murphy ◽  
Jeremy Woods ◽  
Fabrizio Bezzo ◽  
Nilay Shah

2013 ◽  
Vol 291-294 ◽  
pp. 3004-3013
Author(s):  
Ding Ma ◽  
Li Ning Wang ◽  
Wen Ying Chen

At a time of increased international concern and negotiation for GHG emissions reduction, country studies on the underlying effects of GHG growth gain importance. China experienced continuous, rapid economic growth over the past. At the same time, energy consumption and CO2 emissions increased rapidly while the energy intensity and carbon intensity showed a downward trend at country level. What factors were driving this change? What measures can be adopted to ensure the continual decrease of energy intensity and carbon intensity? The refined IDA method is employed in this paper to identify the impact of each factor. A year-by-year decomposition is carried out at sector level, and various interesting results on the underlying effects are found. The results yield important hints for the planning of energy and climate policy.


2020 ◽  
Vol 24 (3) ◽  
pp. 80-93
Author(s):  
Aleksey Safronov ◽  
Julia Guzeyeva ◽  
Jevgeniy Begens ◽  
Ansis Mezulis

AbstractThe article describes the technology of the “hydraulic piston”, as well as the studies that confirm the viability of this technology, implemented in various devices, designed to compress natural gas (CNG) and biomethane (bio-CNG), to accumulate CNG and bio-CNG, to deliver bio-CNG from the production site to the point of its injection into the natural gas network or to the vehicle fuelling stations to fill the Natural Gas Vehicles (NGV). The article presents prototypes of personal fuelling devices and mobile fuelling systems developed by Hygen Ltd. (Hygen), thereby showing the potential of the technology to contribute in the deployment of alternative fuel infrastructure and into the global GHG emissions reduction, mainly in the transport sector.


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