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Purpose: Due to technological developments, industrialisation, irregular urbanisation, rapid population growth, and unconscious consumption, environmental problems have been on the agenda of activists, not for profit organisations, businesses, and governments for the last 20 years. Global warming, climate change, and ozone layer depletion are among the environmental problems which are the most threatening to life on earth. What is underlying these three problems is greenhouse gases emitted into atmosphere. Carbon footprint is a measure of carbon emission. The amount of carbon footprint is closely related to consumption styles as well as production. Unconscious life styles and consumption habits of consumers increase the amount of carbon footprint produced. Together with the rise of environmental problems, the concept of sustainable consumption has become very important. In the most simple of terms, sustainable consumption means consumption without consuming natural resources and this will play an important role in reducing carbon footprint.

Aim: In this chapter, keeping in mind the context of sustainable consumption, the concept of carbon footprint is explained as well as the methods for reducing carbon footprint arising from consumption, in a bid to bring strong awareness of these issues to consumers.

Methodology: To do this a literature review was carried out and methods of reducing carbon footprint were examined and discussed.

Findings: Consumers play an important role in reducing the amount of carbon footprint arising from individual consumption.

Originality of the Study: Most studies are carried out on the carbon footprint resulting from businesses and on carbon footprint calculation and determination of carbon footprint of products. Therefore, this study is specific in that it focusses on the carbon footprint of consumers.

Implications: Studies show that one of the important factors increasing carbon footprint is the unconscious acts of consumers relating to the environment. As long as this unconscious consumption model continues, the amount of carbon footprint will also increase. Hence, consumers need to know which activities reduce the amount of carbon footprint.

This study investigates the relationship among economic growth, energy usage, urbanization, trade openness, carbon emission, ecological footprint, and ecological carbon footprint with the sample of G-7 countries over the period 1991–2017. The Continuously-Updated and Fully-Modified (CUP-FM) estimator method applied to the panel series is utilized. As a result of empirical analysis, an increase in the real per capita GDP increases the ecological footprint by 0.844%. Also, there are positive impacts that are detrimental to the environment among the environmental quality and explanatory variables for each established model. The findings indicate that a relationship exists among the variables in the long run, and at the same time, carbon emission as an indicator of pollution should be noticed as well as the ecological footprint and ecological carbon footprint. It is observed that a positive relationship exists among the variables such as economic growth, energy usage, and environmental pollution indicator. In this context, G-7 countries indicate that, upon taking their developed economic structures and global pollution levels into account, the Environment Kuznets curve (EKC) hypothesis becomes valid, and that the U-shaped behavior is valid for the total ecological footprint. It is been seen that, besides economic growth and energy usage, other explanatory variables contribute to environmental degradation in trade openness. In compliance with these results, in terms of the sustainability of economic development, G-7 countries should pay attention to economic activities that would impair the environmental quality and control them with regulations.

Sustainability performance of the global trade as well as of the traded products are affected by the trade policies and trade tariffs. Trade tariffs and policies can either encourage or discourage trade among the countries affecting feasibility of trade. In other words, the scope and amount of these trade tariffs have impact on the trade globally. Based on an in-depth literature review, this chapter aims to examine impacts of the trade policies and trade tariffs on the environmental footprint of the global trade. With this aim, recent trade policies and trade tariffs as well as roles of the trade policies, trade tariffs in reducing environmental footprint of the global trade are examined. It arrives at the conclusion that trade tariffs can affect environmental footprint of the global trade as well as of the traded products. They can have impact on the feasibility of the trading activities influencing their profit margins and costs. Based on these findings, recommendations for trade policies and trade tariffs are thereby provided to enhance sustainability performance of the global trade.

This chapter explores the issues in estimating the greenhouse gas (GHG) emissions from the tourism industry and related activities in Australia. A production-based approach is employed and its rationale is explained. The scope of tourism consists of the economic activities of tourism-characteristic and tourism-connected sectors as defined in the Australian Tourism Satellite Account (TSA). The GHG emissions have been estimated for 2003–04, the latest year for which detailed industry GHG emissions data are available in a form suitable for this type of estimate. Tourism's GHG emissions are compared with other industries in the Australian economy. The policy implications of the results are discussed. It should be possible to adopt a broadly similar method for any destination with a TSA, enabling tourism stakeholders to play an informed role in assessing appropriate climate change mitigation and adaptation strategies for their destination.

Enhanced sustainability performance of the supply-side in all industries, especially of the construction industry (CI), is one of the main pillars of the post-carbon transition in the globalization and post-globalization phases. Focusing specifically on the CI, this chapter emphasises the importance of the post-carbon transition and environmental justice as well as role of the local and global supply-side in the CI in achieving them. Based on an in-depth literature review, this chapter aims to investigate and examine ways of achieving post-carbon transition and environmental justice through enhanced sustainability performance and reduced environmental footprint of the supply-side in the globalization and post-globalization phases. This chapter emphasizes importance of integrated thinking of the post-carbon transition, environmental justice and bio-based industries. Specific focus of this chapter is on the bioeconomy and construction biotechnology as well as on their roles in the post-carbon transition. Post-carbon construction supply chain can support increase in welfare and in competitiveness of the companies in the CI locally and globally. Construction biotechnology and public biodiversity investments, which can have potential for contributing to the post-carbon transition and environmental justice, have been emphasized in this chapter. Furthermore, this chapter provides recommendations on strategies for achieving post-carbon transition and environmental justice in all industries, particularly in the CI, locally and globally. Managers and professionals in all industries, policy makers, academics, nature and future generations can get benefit from this chapter.

The chapter studies the functioning of the so-called “voluntary” carbon offset market, a market in which moral controversies take place. The analysis dwells on the theoretical framework that enables us to study the functioning of a contested market through particular devices. The chapter seeks to contribute to the literature on moral struggles within markets by focusing the attention on one specific device: relational work, including several dimensions like meeting between seller and buyer, establishing contracts and maintaining the relationship with clients in the long run. By studying relational work, the authors highlight how this basic market activity is a crucial device that makes it possible for a contested market to continue to exist.

This study aims to reveal the perspectives of the management and senior accountants on the subject regarding the effects of climate change on the business world, within the framework of utilisation of tools like strategic cost management and strategic management. An electronic form was sent repeatedly to the e-mail addresses of public companies listed on the Borsa Istanbul (BIST), which were obtained from the Public Disclosure Platform (PDP), between June 2018 and June 2019. According to the data obtained from the survey of this study, it is not possible to comment that these tools are effectively utilised in Turkey. Besides, it is also early to say that top management is fully aware of the need to manage climate change. This study contributes to the literature by revealing the view of management accountants and finance experts in Turkey on climate change.

Carbon emission is one of the most important issues threatening the existence of the world. Mostly carbon emission induced climate change disrupts human and nature balance. Carbon emission occurs as a result of practices that are dependent on human activities or not. One of the actors causing carbon emissions is production companies. The companies are working toward reducing carbon emissions. However, although these efforts reduce carbon emissions in the short term, carbon emissions continue in the long term. Therefore, the present study aims to determine the importance of carbon emission in terms of sustainable economic development. Depending on this purpose, production companies in Chile were included in the scope of research for 1990–2019. Based on these data, the study has been tested by Toda Yamamoto causality analysis. Result shows that carbon emissions are not the primary cause of sustainable economic development. In this context, governments need to focus on other issues that have a stronger causal relationship with sustainable economic development. However, studies should be conducted to determine the importance of other activities of companies for sustainable economic development. Hereby, the amount of carbon emission will be reduced and deficiencies in factors affecting sustainable economic development will be identified.