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The mutual influence of Environmental Management Systems and the EU ETS: Findings for the Italian pulp and paper industry

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  • Gasbarro, Federica
  • Rizzi, Francesco
  • Frey, Marco

Abstract

The European Emissions Trading Scheme (EU ETS) is designed to be a flexible and efficient mechanism to encourage carbon-intensive industries to reduce CO2 emissions cost-effectively. Similarly, Environmental Management Systems (EMSs) are well-established tools designed to improve the efficiency of the environmental performance of companies. Up to now, knowledge of the mutual influences of strategic planning, ETS management and EMSs is still incomplete, and their implications are not fully understood. This study tries to identify whether the involvement of a firm in the ETS with the adoption of an EMS favors the generation of corporate strategic synergies in terms of organizational management and environmental planning. Due to a relatively short time frame and the need for exploratory research, a multiple case study emerged as the most suitable approach. Hence various Italian pulp and paper companies involved in the EU ETS were interviewed and analyzed. We found that organizations that integrate ETS management and EMS tend to establish satisfactory standards and procedures that are relevant for environmental monitoring and compliance. However not all ETS-related activities are integrated into EMSs. In addition, despite some mutual synergies, these are not sufficient for determining corporate environmental planning.

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  • Gasbarro, Federica & Rizzi, Francesco & Frey, Marco, 2013. "The mutual influence of Environmental Management Systems and the EU ETS: Findings for the Italian pulp and paper industry," European Management Journal, Elsevier, vol. 31(1), pages 16-26.
    • Handle: RePEc:eee:eurman:v:31:y:2013:i:1:p:16-26
    DOI: 10.1016/j.emj.2012.10.003
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    3. Stefano Clo' & Gianluca Iannucci & Alessandro Tampieri, 2024. "Emission permits and firms' environmental responsibility," Working Papers - Economics wp2024_06.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    4. Joaquín Cañón-de-Francia & Concepión Garcés-Ayerbe, 2019. "Factors and Contingencies for the “It Pays to Be Green Hypothesis”. The European Union’s Emissions Trading System (EU ETS) and Financial Crisis as Contexts," IJERPH, MDPI, vol. 16(16), pages 1-15, August.
    5. Sadayuki, Taisuke & Arimura, Toshi H., 2021. "Do regional emission trading schemes lead to carbon leakage within firms? Evidence from Japan," Energy Economics, Elsevier, vol. 104(C).
    6. Teixidó, Jordi & Verde, Stefano F. & Nicolli, Francesco, 2019. "The impact of the EU Emissions Trading System on low-carbon technological change: The empirical evidence," Ecological Economics, Elsevier, vol. 164(C), pages 1-1.
    7. Hui Zhang & Xin Su, 2021. "The Applications and Complexity Analysis Based on Supply Chain Enterprises’ Green Behaviors under Evolutionary Game Framework," Sustainability, MDPI, vol. 13(19), pages 1-19, October.
    8. Akvile Lawrence & Patrik Thollander & Magnus Karlsson, 2018. "Drivers, Barriers, and Success Factors for Improving Energy Management in the Pulp and Paper Industry," Sustainability, MDPI, vol. 10(6), pages 1-35, June.
    9. Mandaroux, Rahel & Schindelhauer, Kai & Basse Mama, Houdou, 2023. "How to reinforce the effectiveness of the EU emissions trading system in stimulating low-carbon technological change? Taking stock and future directions," Energy Policy, Elsevier, vol. 181(C).

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