Corporate Social Responsibility in the Energy Sector: Towards Sustainability

Gigauri, Iza; Vasilev, Valentin

doi:10.1007/978-981-19-3540-4_10

Cited by 18 publications

(16 citation statements)

References 23 publications

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“…Energy is the main factor for sustainable development goals to achieve inclusive economic growth [18]. However, sustainable development can be ensured through sustainable and efficient use of energy while reducing greenhouse gas emissions [19][20][21][22]. SDG 3 and SDG 11 include targets regarding air pollution's effects on people.…”

Section: Energy Consumption Emissions and Economic Growthmentioning

confidence: 99%

Is Europe on the Way to Sustainable Development? Compatibility of Green Environment, Economic Growth, and Circular Economy Issues

Apostu

Gigauri

Panait

et al. 2023

IJERPH

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The challenges imposed by climate change and the limited nature of resources generate paradigm shifts at the level of economic, social, and environmental policies and strategies. Promoting the principles of sustainable development and the circular economy is a priority worldwide. Thus, the motivation of this research is to explore the European countries’ path toward sustainable development by analysing the relationship between green environment, economic growth, and circular economy issues. In order to explore this relationship in the case of European countries, the analysis takes into consideration specific variables: final energy consumption, GDP, capital gross fixed capital formation, greenhouse gas emissions, SOx emissions, NOx emissions, and generation of municipal waste per capita. This study is focused on the period 2009–2020 for 31 European countries, with data being provided by Eurostat and World Bank databases. The panel data analysis was used in order to examine the relationship between a green environment, economic growth and a circular economy. The results of the study suggest that gross fixed capital formation and total greenhouse gas emissions lead to decreasing generation of municipal waste; instead, final energy consumption, GDP, SOx emissions and NOx emissions generate an increase in the generation of municipal waste. The novelty of our paper consists of associating green environment, economic growth, and circular economy in the case of European countries, the results allowing the proposal of economic policy measures to favor the green transition process considering the potential of the circular economy.

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Section: Energy Consumption Emissions and Economic Growthmentioning

confidence: 99%

Is Europe on the Way to Sustainable Development? Compatibility of Green Environment, Economic Growth, and Circular Economy Issues

Apostu

Gigauri

Panait

et al. 2023

IJERPH

View full text Add to dashboard Cite

show abstract

“…Energy firms must prioritize CSR to control carbon emissions, such as CSR looking at social, environmental, and business-related factors. Using renewable energy resources, also known as sustainable energy sources, is crucial in reducing energy poverty and meeting the growing electricity demand (Gigauri and Vasilev 2022;Li et al 2021). Based on the above reviews, the second hypothesis is formulated as follows:…”

Section: Corporate Social Responsibility (Csr) and Feasibility Of Sus...mentioning

confidence: 99%

“…Furthermore, CSR effectively eliminates corruption to achieve sustainability (Gigauri and Vasilev 2022;Krishnamurti et al 2018). Long-term economic growth and renewable energy consumption promote sustainable development (Saad and Taleb 2018;Sharma et al 2021).…”

Section: Corporate Social Responsibility (Csr) and Sustainable Energy...mentioning

confidence: 99%

Section: Sustainable Energy Development (Sed) and Energy Poverty Alle...mentioning

confidence: 99%

“…CSR foundation companies should promote renewable energy-related projects to create a reliable and sustainable energy supply (Gigauri and Vasilev 2022). Every country needs affordable, reliable, and eco-friendly energy sources for sustainable energy development (Gigauri and Vasilev 2022;Tiep et al 2021a). In addition, sustainable energy development policymakers focus on expanding renewable energy sources to improve energy efficiency and mitigate carbon emissions (Li et al 2022).…”

Section: Sustainable Energy Development (Sed) and Energy Poverty Alle...mentioning

confidence: 99%

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Assessing the role of sustainable strategies in alleviating energy poverty: an environmental sustainability paradigm

Batool

Irfan

Żywiołek

2023

Environ Sci Pollut Res

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The rapid urbanization and industrialization of India have caused a demand-supply gap in the electrical sector, leading to higher electric bills. Lower-income households face the worst energy poverty in the country. Sustainable strategies like corporate social responsibility are the most effective way to combat the energy crisis. This study aims to assess the contribution of corporate social responsibility (CSR) to energy poverty alleviation (EPA) by developing the role of mediating variables such as assessment of renewable energy resource (RER), feasibility of sustainable energy supply (SES), and sustainable energy development (SED). We used hybrid research methodology such as partial least squares structural equation modeling (PLS-SEM) to analyze the collected data from professionals, economic experts, and directors in the country in 2022. The study proved that CSR directly affects energy poverty alleviation. Besides, the findings suggest RER, SES, and SED significantly lead the energy poverty alleviation. The findings of this study will divert the attention of policymakers, stakeholders, and economists toward the corporate social responsibility to mitigate the energy crisis in Indian context. A mediating role of a renewable energy resource (RER) as a value-added contribution to this study can be strengthened more in future research. Based on the results, the study illustrates that CSR acts as a catalyst to alleviate energy poverty.

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“Do No Significant Harm” Principle and Current Challenges for the EU Taxonomy Towards Energy Transition

Joița

Dobrotã²,

Popescu³

2023

Corporate Governance for Climate Transition

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Corporate Social Responsibility in the Energy Sector: Towards Sustainability

Cited by 18 publications

References 23 publications

Is Europe on the Way to Sustainable Development? Compatibility of Green Environment, Economic Growth, and Circular Economy Issues

Is Europe on the Way to Sustainable Development? Compatibility of Green Environment, Economic Growth, and Circular Economy Issues

Assessing the role of sustainable strategies in alleviating energy poverty: an environmental sustainability paradigm

“Do No Significant Harm” Principle and Current Challenges for the EU Taxonomy Towards Energy Transition

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