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Environmental Management of Ecuador’s Business Sector in the Fight against Climate Change

Author

Listed:
  • Miguel Aizaga

    (Faculty of Administrative Sciences, Central Campus, Universidad Tecnológica Israel, Quito 170516, Ecuador)

  • Marcelo Ramírez

    (Faculty of Administrative Sciences, Central Campus, Universidad Tecnológica Israel, Quito 170516, Ecuador)

  • María Carmen Colmenárez Mujica

    (Faculty of Administrative Sciences, Central Campus, Universidad Tecnológica Israel, Quito 170516, Ecuador)

  • Renato M. Toasa

    (Faculty of Administrative Sciences, Central Campus, Universidad Tecnológica Israel, Quito 170516, Ecuador)

Abstract

The private sector is part of the United Nations Global Compact, which promotes the voluntary participation of organizations to implement environmental care strategies. The purpose of this article is to examine the performance of Ecuadorian companies in regard to environmental management, especially in the fight against climate change, considering the economic sectors (manufacturing, mining, commerce, construction and services). Figures from the National Institute of Statistics and the Census of Ecuador (2020) are used, including descriptive statistics and cross-tabulations with Cramer’s V index. The results show that approximately 5% of companies had the ISO 14001:2015 certification. In the seven actions against climate change considered, the proportion of companies that did not consider them to be current expenses predominated. Cramer’s V index, for associating the economic sector and the environmental spend, revealed that certain economic sectors (manufacturing and mining) are contributing significantly to environmental management spending in the areas of air, soil, wastewater and waste treatment, while no economic sector dominates the others in areas such as radiation treatment, the use of mineral or energy resources and water resources.

Suggested Citation

  • Miguel Aizaga & Marcelo Ramírez & María Carmen Colmenárez Mujica & Renato M. Toasa, 2024. "Environmental Management of Ecuador’s Business Sector in the Fight against Climate Change," Sustainability, MDPI, vol. 16(5), pages 1-15, February.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:5:p:1837-:d:1344439
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    References listed on IDEAS

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    1. S. Sethi & Donald Schepers, 2014. "United Nations Global Compact: The Promise–Performance Gap," Journal of Business Ethics, Springer, vol. 122(2), pages 193-208, June.
    2. Bui, Binh & de Villiers, Charl, 2017. "Business strategies and management accounting in response to climate change risk exposure and regulatory uncertainty," The British Accounting Review, Elsevier, vol. 49(1), pages 4-24.
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