Eco‐efficiency evaluation of petrochemical enterprises: An application of 3D state‐space model

Abstract

This paper attempts to focus on the application of the ecological carrying capacity theory and the three‐dimensional state‐space model to th eco‐efficiency evaluation of petrochemical enterprises. This research differs from the existing literature, which focuses on business’ eco‐efficiency from behavioral motivation and strategic perspective. This paper proposes a three‐dimensional state‐space model of ecological efficiency of petrochemical enterprises by adopting a combination of ecological carrying index and state space. This model in a three‐dimensional geometric space takes petrochemical enterprises as a pressurer for natural resources and natural environment. The three axes of space represent the economic status of petrochemical enterprises, the use of resources, and the impact of enterprises on the environment, respectively. It attempts to quantitatively describe economic activities of petrochemical enterprises and the interaction with resources and environment. It focuses on applying the model to calculate the ecological carrying capacity of petrochemical enterprises, verifying the feasibility and applicability of the model in calculating the ecological efficiency of enterprises, and providing theoretical tools for enterprises to make ecological efficiency judgments. The results show that this method can help to find out the problems with resources, economy, and environment during the development of petrochemical enterprises and provide the basis for managers to make strategic decisions of sustainable development.

Eco-efficiency Assessment of Chinese Petrochemical Enterprises: A Data Envelopment Analysis Approach

“…This model treats petrochemical companies as the pressure source of natural resources and the natural environment in a three-dimensional geometric space, so as to quantitatively describe the economic activities of petrochemical companies and their interaction with resources and the environment. 20…”

“…This model treats petrochemical companies as the pressure source of natural resources and the natural environment in a three-dimensional geometric space, so as to quantitatively describe the economic activities of petrochemical companies and their interaction with resources and the environment. 20 In summary, there are many eco-efficiency evaluation methods, and the DEA model of eco-efficiency evaluation at the enterprise level is more applicable. The existing literature on the evaluation of corporate eco-efficiency mainly focuses on the research of corporate behavioural motivation and strategic perspective, focusing on the measurement of eco-efficiency from the perspective of resource conservation and environmental protection, and ignoring the applied research of improving corporate operating performance through eco-efficiency evaluation.…”

The Innovative Capability of Enterprises: the Methodical Provisions for Analysis and Evaluation

“…6)  порівняння фактичного рівня екологічної ємності підприємства (ECC) і виявленого екологічного тиску з боку підприємства (D);  формування висновків [10].…”