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Carbon dioxide emission trading, or not? An institutional analysis of company behaviour in Sweden

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  • Fredrik Paulsson
  • Fredrik von Malmborg

Abstract

The Kyoto Protocol opens up for market based solutions in climate change mitigation. A number of companies in Europe, North America and Asia have already practiced carbon dioxide emission trading. Sweden and Swedish companies have a tradition of being proactive in environmental policy and management. However, Swedish companies are acting reactively or even passively when it comes to emission trading. This paper aims to elucidate and explain the Swedish companies' behaviour on this matter. From our study, which focuses primarily on the energy and forestry sectors, it was found that companies are principally in favour of emission trading, but they have not developed initiatives for emission trading in practice. The study indicates that the institutional arrangements in which companies are situated do not encourage emission trading. Ambiguous government policies are claimed to prevent the companies from making long‐term strategies on climate change mitigation in general and emission trading in particular. Copyright © 2004 John Wiley & Sons, Ltd and ERP Environment.

Suggested Citation

  • Fredrik Paulsson & Fredrik von Malmborg, 2004. "Carbon dioxide emission trading, or not? An institutional analysis of company behaviour in Sweden," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 11(4), pages 211-221, December.
    • Handle: RePEc:wly:corsem:v:11:y:2004:i:4:p:211-221
    DOI: 10.1002/csr.67
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    1. Steve Sorrell & Jim Skea (ed.), 1999. "Pollution for Sale," Books, Edward Elgar Publishing, number 1696.
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    4. Peng Qi & Yu Shang & Fang Han, 2022. "The Effects of Environmental Regulation on Investment Efficiency—An Empirical Analysis of Manufacturing Firms in the Beijing–Tianjin–Hebei Region, China," Sustainability, MDPI, vol. 14(10), pages 1-18, May.
    5. Antonio K. W. Lau & Stacy H. N. Lee & Sojin Jung, 2018. "The Role of the Institutional Environment in the Relationship between CSR and Operational Performance: An Empirical Study in Korean Manufacturing Industries," Sustainability, MDPI, vol. 10(3), pages 1-17, March.
    6. Neelam C. Poudyal & Jacek P. Siry & J. M. Bowker, 2012. "Stakeholders' Engagement in Promoting Sustainable Development: Businesses and Urban Forest Carbon," Business Strategy and the Environment, Wiley Blackwell, vol. 21(3), pages 157-169, March.
    7. Konstantinos Evangelinos & Ioannis Nikolaou & Walter Leal Filho, 2015. "The Effects of Climate Change Policy on the Business Community: A Corporate Environmental Accounting Perspective," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 22(5), pages 257-270, September.
    8. Khojastehpour, Morteza & Shams, S.M. Riad, 2020. "Addressing the complexity of stakeholder management in international ecological setting: A CSR approach," Journal of Business Research, Elsevier, vol. 119(C), pages 302-309.

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