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Carbon management strategies in manufacturing companies: An exploratory note

Author

Listed:
  • Simon Cadez
  • Albert Czerny

Abstract

In order to meet the Kyoto Protocol’s greenhouse gas emissions targets, the EU has implemented an Emissions Trading Scheme (EU ETS) as a cornerstone of its climate policy. The main attribute of this mechanism is its inherent flexibility. It offers companies the possibility of tailoring a carbon management strategy that is the most cost-effective, i.e. reducing actual emissions vs. buying allowances to emit. Although the EU ETS was launched in 2005, to date little is known about its implications for corporate carbon management. The study provides some original insights into corporate carbon management strategies by deploying a case study of two Slovenian manufacturing companies.

Suggested Citation

  • Simon Cadez & Albert Czerny, 2010. "Carbon management strategies in manufacturing companies: An exploratory note," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 15(4), pages 348-360.
    • Handle: RePEc:rai:joeems:doi_10.1688/1862-0019_jeems_2010_04_cadez
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    Citations

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    Cited by:

    1. 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.
    2. Martha Cristina Linares Rodríguez & Nicolás Gambetta & María Antonia García-Benau, 2023. "Carbon management strategy quality in Colombian companies: the influence of the national and regional public sector and company-inherent characteristics," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(8), pages 8367-8394, August.
    3. Sanjay Patnaik, 2020. "Emissions permit allocation and strategic firm behavior: Evidence from the oil sector in the European Union emissions trading scheme," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 976-995, March.
    4. Yong Liu & Dewei Yang & Hengzhou Xu, 2017. "Factors Influencing Consumer Willingness to Pay for Low‐Carbon Products: A Simulation Study in China," Business Strategy and the Environment, Wiley Blackwell, vol. 26(7), pages 972-984, November.
    5. Soko Aida, 2018. "(Dis)Advantages af Decentralization Models Driven by Non-Economic Reasons: The Case of Bosnia and Herzegovina," South East European Journal of Economics and Business, Sciendo, vol. 13(1), pages 81-92, June.
    6. Halkos, George & Nomikos, Stylianos, 2021. "Business concerns regarding environmental responsibility," MPRA Paper 105330, University Library of Munich, Germany.
    7. Md. Monirul Islam Chowdhury & Syed Masiur Rahman & Ismaila Rimi Abubakar & Yusuf A. Aina & Md. Arif Hasan & A. N. Khondaker, 2021. "A review of policies and initiatives for climate change mitigation and environmental sustainability in Bangladesh," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(2), pages 1133-1161, February.
    8. Albert Czerny & Peter Letmathe, 2017. "Eco‐efficiency: GHG reduction related environmental and economic performance. The case of the companies participating in the EU Emissions Trading Scheme," Business Strategy and the Environment, Wiley Blackwell, vol. 26(6), pages 791-806, September.
    9. Yong Liu, 2018. "Exploring the Relationship between External Positive–Negative Pressures and the Carbon Management Behaviour of Industrial Firms," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 628-641, July.
    10. Muhammad Muhitur Rahman & Mohammad Shahedur Rahman & Saidur R. Chowdhury & Alaeldeen Elhaj & Shaikh Abdur Razzak & Syed Abu Shoaib & Md Kamrul Islam & Mohammed Monirul Islam & Sayeed Rushd & Syed Masi, 2022. "Greenhouse Gas Emissions in the Industrial Processes and Product Use Sector of Saudi Arabia—An Emerging Challenge," Sustainability, MDPI, vol. 14(12), pages 1-18, June.
    11. Appel Mahmud & Donghong Ding & Ataullah Kiani & Md. Morshadul Hasan, 2020. "Corporate Social Responsibility Programs and Community Perceptions of Societal Progress in Bangladesh: A Multimethod Approach," SAGE Open, , vol. 10(2), pages 21582440209, May.
    12. Simon Cadez & Albert Czerny & Peter Letmathe, 2019. "Stakeholder pressures and corporate climate change mitigation strategies," Business Strategy and the Environment, Wiley Blackwell, vol. 28(1), pages 1-14, January.

    More about this item

    Keywords

    carbon management; strategy; EU emissions trading scheme; carbon efficiency; Slovenia;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • P30 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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