Electric Utility Alignment with the SDGs &amp;amp; The Paris Climate Agreement

Toledano, Perrine; Shah, Aniket; Maennling, Nicolas; Lasnick, Ryan

doi:10.2139/ssrn.3669843

Cited by 2 publications

(3 citation statements)

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“…The questions that are related to climate change hotly debate matters such as innovation and how to rescue the planet (Calabrese et al, 2018). The energy sector, being one of the most pollutants, has made an effort to improve its polluting status through new energies and by increasing the efficiencies of traditional energies through investment in R&D (Toledano et al, 2020). There is more and more encouragement for green production and green innovation.…”

Section: Discussionmentioning

confidence: 99%

“…In these countries, the energy sector has an important role in the new economic, geopolitical, technological, and environmental challenges (Kahouli, 2018). According to Toledano et al (2020), the utility sector was responsible for 41% of global emissions in 2017, and of those emissions electricity and heat generation were the worst. For that reason, the alignment of electricity utilities with the United Nation's Sustainable Development Goals (SDGs), mainly through SDG 7 (renewable energies) and SDG 13 (climate changes), is important.…”

Section: Introductionmentioning

confidence: 99%

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An Analysis of the Impact of the 2030 Agreement on R&D Intensity in the Energy Sector

Estevão

2022

IJEEP

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European Union countries signed the 2030 Climate and Energy Framework Agreement on October 24, 2014. This framework brings with it changes in the expectations of energy consumers and producers that has opened new avenues of research. Because the 2030 Agreement imposed targets to be achieved by 2030, energy companies could increase their R&D expenditures as they search for increased efficiency through a reduction of carbon dioxide emissions and stronger base in renewable sources that promotes innovation. In addition, the risks that arise from climate change can compromise the successful achievement of the targets, such as 27% renewable energy consumption, reduction in emissions of carbon dioxide by at least 40% and to improve energy efficiency. In this study, I conduct an evaluation of the behavior of R&D intensity in this sector. It analyze the behavior of companies related to the electricity sector in two different moments, before and after the 2030 Agreement, by using panel data and comparing the listed companies with headquarters in European Union countries with companies headquartered elsewhere in Europe. The results show that the 2030 Agreement had no effect on R&D intensity in companies in the electricity sector in the countries of the European Union.

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Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

An Analysis of the Impact of the 2030 Agreement on R&D Intensity in the Energy Sector

Estevão

2022

IJEEP

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“…We believe that companies will prosper by examining their strategies, performance, and metrics along these four lines. Our own current goal is to work with businesses to help sharpen these questions and thereby create consistent and useful tools for reporting on SDG-related practices and alignment (see, e.g., Sachs et al, 2020 ; Toledano, Shah, Maennling, & Lasnick, 2020 ).…”

Section: The Critical Role Of Businessmentioning

confidence: 99%

Business alignment for the “Decade of Action”

Sachs

2021

J Int Bus Policy

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The SDGs and Paris Climate Agreement, taken together, constitute the best hope for charting a new course for the world’s politics and economics, to produce “the future we want.” This paper briefly explores the central environmental, social, and economic challenges; the pathways to sustainability; and the central role of companies in achieving our global goals. We are facing four very deep and interconnected global environmental crises: human-induced climate change, unsustainable land use, mega-pollution, and increased frequency and intensity of pandemic zoonotic diseases. At the same time, we face massive social crises, including increasing inequality. There are six necessary SDG Transformations that each requires a major change in the organization of societal, political, and economic activities – which delineates also the critical role of business. The paper specifies four key questions that companies and their stakeholders can ask to effectively align with the "Decade of Action" needed to achieve the SDG ambitions.

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Electric Utility Alignment with the SDGs & The Paris Climate Agreement

Cited by 2 publications

References 0 publications

An Analysis of the Impact of the 2030 Agreement on R&D Intensity in the Energy Sector

An Analysis of the Impact of the 2030 Agreement on R&D Intensity in the Energy Sector

Business alignment for the “Decade of Action”

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