How Does Carbon Footprint Create Shared Values in the Wine Industry? Empirical Evidence from Prosecco Superiore PDO’s Wine District

Barisan, Luigino; Lucchetta, Marco; Bolzonella, Cristian; Boatto, Vasco Ladislao

doi:10.3390/su11113037

Cited by 13 publications

(15 citation statements)

References 44 publications

(49 reference statements)

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“…. " Hence, the underlying idea is that firms can simultaneously create economic, social and environmental value (i.e., customer's welfare, natural resources over-exploitation, key suppliers' sustainability and/or disadvantage situation of local communities in which the company operates) [33]. By all what has been pointed before, Porter and Kramer [34] pointed to SHV to be a concept that goes beyond Corporate Social Responsibility (CSR).…”

Section: Shared Value Approach and Ecg Modelmentioning

confidence: 99%

The Common Good Balance Sheet, an Adequate Tool to Capture Non-Financials?

2019

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In relation to organizational performance measurement, there is a growing concern about the creation of value for people, society and the environment. The traditional corporate reporting does not adequately satisfy the information needs of stakeholders for assessing an organization’s past and future potential performance. Practitioners and scholars have developed new non-financial reporting frameworks from a social and environmental perspective, giving birth to the field of Integrated Reporting (IR). The Economy for the Common Good (ECG) model and its tools to facilitate sustainability management and reporting can provide a framework to do it. The present study depicts the theoretical foundations from the business administration field research on which the ECG model relies. Moreover, this paper is the first one that empirically validates such measurement scales by applying of Exploratory Factor Analysis on a sample of 206 European firms. Results show that two out of five dimensions are appropriately defined, along with some guidelines to refine the model. Consequently, it allows knowledge to advance as it assesses the measurement scales’ statistical validity and reliability. However, as this is the first quantitative-driven research on the ECG model, the authors’ future research will confirm the present results by means of Confirmatory Factor Analysis (CFA).

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Section: Shared Value Approach and Ecg Modelmentioning

confidence: 99%

The Common Good Balance Sheet, an Adequate Tool to Capture Non-Financials?

2019

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“…At the same time, this favors both the implementation of sustainable practices [77] and the innovation process [90]. Particularly, the adoption of practices oriented to a reduction in the carbon footprint can lead to sustained competitive advantages [91,92].…”

Section: Introductionmentioning

confidence: 99%

“…As a consequence, the concept of environmental sustainability (which combines environmental, economic and social aspects [90]) has gained importance in the sector [72,[93][94][95], emerging as a key goal for all those that form part of the wine supply chain [14,67,69,75,92,96]. Greater awareness of questions of sustainability in the wine sector has led to the proliferation of protocols and instruments intended to promote sustainability in the industry [97,98].…”

Section: Introductionmentioning

confidence: 99%

Greening Wine Exports? Changes in the Carbon Footprint of Spanish Wine Exports

Monteagudo

Valero

Córcoles

et al. 2021

IJERPH

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Spain is one of the leading wine-producing and -exporting countries and has traditionally been dominant in trade and world production in the sector. In an increasingly changing context, in which worldwide wine exports are growing exponentially, it is essential to study their impact on climate change as the transport of goods generates a significant volume of greenhouse gas emissions. The aim of this work, then, was to analyse the variation in the carbon footprint generated by Spanish wine exports between 2011 and 2016. To this end, a multi-regional input–output (MRIO) model was used, showing that the emissions associated with wine operations have increased less than exports, which might suggest that sustainable growth has been included as a goal in the wine supply chain. The methodology used has the advantage of allowing the calculation of direct and indirect emissions. At the same time, the results can provide relevant information to practitioners and policymakers due to the expected evolution of European environmental regulations and trades, in terms of carbon footprint.

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“…This approach is able to capture the regional specialties in wine production and provides a better insight into price determination. Our motivation to prefer this approach over the classical methods was based on some previous studies [10,11,12] using PLS and we followed the guidelines of Hair et al [13].…”

Section: Introductionmentioning

confidence: 99%

Regional determinants of Hungarian wine prices: The role of geographical indications, objective quality and individual reputation

Gal

Jámbor

Kovács

2021

WEP

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Analysing the determinants of wine prices has always been a field of interest in the wine economics literature. By estimating hedonic price functions, however, most papers generally remain at the country level with regions generally neglected or treated as simple dummy variables. The aim of this paper is to analyse the determinants of wine prices at the regional level by using Latent Variable Path Modelling with Partial Least Squares and Principal Component Analysis on the example of Hungarian wines. This approach is able to capture the regional specialties of wine production and provides a better insight into price determination. Results suggest that intrinsic values play a major but ambiguous role in determining regional wine prices, especially in the case of sugar content. It also becomes apparent that specific Geographical Indications (GIs) play a crucial role in price determination, instead of GI use per se. Moreover, individual brands also have an important role, as Tier1 and Tier2 wineries tend to sell their wines at higher prices and in smaller batch sizes.

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How Does Carbon Footprint Create Shared Values in the Wine Industry? Empirical Evidence from Prosecco Superiore PDO’s Wine District

Cited by 13 publications

References 44 publications

The Common Good Balance Sheet, an Adequate Tool to Capture Non-Financials?

The Common Good Balance Sheet, an Adequate Tool to Capture Non-Financials?

Greening Wine Exports? Changes in the Carbon Footprint of Spanish Wine Exports

Regional determinants of Hungarian wine prices: The role of geographical indications, objective quality and individual reputation

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