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Green Shipping Effect on Sustainable Economy and Environmental Performance

Author

Listed:
  • J. Augusto Felício

    (School of Economics and Management, University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisboa, Portugal)

  • Ricardo Rodrigues

    (Center for Management Studies, School of Economics and Management, University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisboa, Portugal)

  • Vitor Caldeirinha

    (Center for Management Studies, School of Economics and Management, University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisboa, Portugal)

Abstract

This paper focuses on green shipping and its’ influence on the sustainable economy and environmental performance. Based on the green shipping approach, this empirical study examines a survey sample of 193 responses from Portuguese and Spanish executive managers and uses exploratory factor analysis and structural equation model. The Green shipping approach supports the green theory. The results show the importance of green efficiency, green management, and pollution impact. The confirmation of the sizeable influence of green shipping on the sustainable economy and environmental performance constructs constitutes a major contribution to the literature. Green management and green efficiency contribute to controlling the impact of pollution with practical effects on economic sustainability. Another contribution arises from the fact that tax and financial incentives and environmental sustainability regulations indicate the relevance of the pollution impact and sustainable economy.

Suggested Citation

  • J. Augusto Felício & Ricardo Rodrigues & Vitor Caldeirinha, 2021. "Green Shipping Effect on Sustainable Economy and Environmental Performance," Sustainability, MDPI, vol. 13(8), pages 1-15, April.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:8:p:4256-:d:534346
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    References listed on IDEAS

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    Citations

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    Cited by:

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    2. Sisi Zheng & Shanyue Jin, 2023. "Can Enterprises in China Achieve Sustainable Development through Green Investment?," IJERPH, MDPI, vol. 20(3), pages 1-25, January.
    3. Mehmet Tantan & Hatice Camgöz Akdağ, 2023. "The Effect of Green Supply Chain Management Practices on the Sustainability Performance of Turkish Shipyards," Sustainability, MDPI, vol. 15(8), pages 1-20, April.
    4. Lingxiang Jian & Jia Guo & Hui Ma, 2022. "Research on the Impact of Digital Innovation Driving the High-Quality Development of the Shipping Industry," Sustainability, MDPI, vol. 14(8), pages 1-17, April.
    5. Jie Zhou & Shanyue Jin, 2023. "Corporate Environmental Protection Behavior and Sustainable Development: The Moderating Role of Green Investors and Green Executive Cognition," IJERPH, MDPI, vol. 20(5), pages 1-18, February.
    6. Xiangyuan Ao & Tze San Ong & Boon Heng Teh, 2023. "Corporate Sustainability Development Strategy and Corporate Environmental Governance—The Moderating Role of Corporate Environmental Investments," IJERPH, MDPI, vol. 20(5), pages 1-15, March.
    7. Siyuan Gao & Fengrong Zhang & Wei Ning & Dayong Wu, 2022. "Optimization of Cargo Shipping Adaptability Modeling Evaluation Based on Bayesian Network Algorithm," Sustainability, MDPI, vol. 14(19), pages 1-25, October.
    8. Yi-Hui Liao & Hsuan-Shih Lee, 2023. "Using a Directional Distance Function to Measure the Environmental Efficiency of International Liner Shipping Companies and Assess Regulatory Impact," Sustainability, MDPI, vol. 15(4), pages 1-13, February.

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