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1 – 10 of 401Claudia Calle Müller, Piyush Pradhananga and Mohamed ElZomor
The built environment is responsible for approximately 40% of the world’s energy consumption, 30% of raw material use, 25% of solid waste, 25% of water use, 12% of land use and…
Abstract
Purpose
The built environment is responsible for approximately 40% of the world’s energy consumption, 30% of raw material use, 25% of solid waste, 25% of water use, 12% of land use and 33% of greenhouse gas emissions. Thus, environmental improvement and decarbonization are becoming increasingly critical objectives for the construction industry. Sustainable construction can be achieved through several practices, including: considering life-cycle assessment, circular construction, resource efficiency and waste management and providing eco-efficient materials, reducing energy demands and consumption and incorporating low-carbon technologies and renewable energy sources. To achieve sustainable construction goals, it is critical to educate the future workforce about decarbonization, circular construction and how to overcome the challenges involved in transitioning to sustainable construction. This study aims to understand the gap in student knowledge related to decarbonization and circular construction and the importance of incorporating these topics in civil engineering and construction management curricula.
Design/methodology/approach
This study surveyed 120 undergraduate and graduate students at one of the largest minority-serving institutions in the USA to understand the gap in student knowledge related to decarbonization and circular construction as well as the importance of incorporating these topics in civil engineering and construction management curricula. The authors conducted several statistical measures to assess the consistency, reliability and adequacy of the sample size, including the Kaiser–Meyer–Olkin measure of sampling adequacy, the normality test to evaluate the appropriateness of using an ordered probit regression analysis and a multicollinearity test to observe the correlation between independent variables. The data was analyzed using ordered probit regression analysis to investigate the need for a curriculum that serves in educating students about decarbonization and circular construction.
Findings
The results of this research highlight the gaps in students’ knowledge pertaining to sustainable practices and the importance of providing future construction workforce with such knowledge to tackle global inevitable challenges.
Originality/value
The findings of this study contribute to sustainable construction bodies of knowledge by advocating for a reformed curriculum to prepare the future workforce and adopt less carbonized, more circular approaches within the engineering and construction industry.
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Keywords
Opportunities for shareholder value creation from deep decarbonization in fossil fuel and related industries may be unlocked with a permanent change in corporate governance…
Abstract
Purpose
Opportunities for shareholder value creation from deep decarbonization in fossil fuel and related industries may be unlocked with a permanent change in corporate governance practices. The purpose of this study is to highlight the conceptual links between corporate collaborations, decarbonization and equity value creation to enable the large-scale reallocation of funds necessary to halve carbon emissions by the end of this decade.
Design/methodology/approach
Consistent with shareholder value maximization, the author uses the constant dividend growth framework to show that a permanent change in corporate governance practices can impact expectations of future cash flows and required rates of return. This study includes a simulation to explore how perpetual corporate collaborations on decarbonization that influence the key equity value drivers can add value to the equity of collaborative firms.
Findings
Perpetual corporate collaborations with key stakeholders focused on equity value drivers hold great potential for accelerating the reallocation of funds to low-carbon assets. Simulation results suggest that relatively small changes, especially in required rates of return, may result in substantial increases in equity values for collaborative leaders in deep decarbonization.
Originality/value
This study identifies new sources of shareholder value from long-term corporate collaborations with key stakeholders on deep decarbonization. A collaborative focus on important equity value drivers can attract capital also to hard-to-abate industries and initiate sharp cuts in carbon emissions. Corporate governance practices, thus, reformed render shareholder value creation incentive compatible with rapidly decarbonizing global supply chains, making it possible to meet climate action goals by 2030.
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This paper aims to provide a systematic review of the research focusing on the decarbonization strategy of businesses, stock return performance, and investment styles.
Abstract
Purpose
This paper aims to provide a systematic review of the research focusing on the decarbonization strategy of businesses, stock return performance, and investment styles.
Design/methodology/approach
The paper utilizes bibliometric methods and content analysis to present a broad overview of the research on the association between decarbonization strategies in businesses and financial performance in the last few decades. The final dataset contains 272 records published between 2001 and early 2021, available in the Web of Science (WoS) database.
Findings
The authors find a relatively small number of publications before 2010 and the research focus increases only after 2016. There exists limited knowledge on the links between climate change strategies and firm performance till date. The top management journals have also failed to respond to the importance of decarbonization strategies in firms and their relationship with stock returns and investment styles. Furthermore, there is a limited indication of publications from ecology and the environmental sciences, in general, being included or cited by the business and management research studies, thus highlighting weak network linkages between the two fields.
Research limitations/implications
The study contributes to the literature on decarbonization strategies of businesses, and the strategies' relation with firm performance by consolidating the extant research and thus finding the research gaps and research areas that require further investigation.
Practical implications
For the industry professionals, this research provides a comprehensive repository of articles on incorporating decarbonization strategies in industry professionals' decisions on improving firm performance.
Originality/value
This paper examines the history and development of themes, related to firms' emission mitigation strategies, firm performance and investment styles, across the journal articles in the WoS database published from 2001 to early 2021. In addition, the authors highlight research directions and the need for research on sustainable strategies in businesses, stock return, and investment styles.
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Linqi Xu, Fu Jia, Xiao Lin and Lujie Chen
This study aims to systematically review the current academic literature on the role of technologies in low-carbon supply chain management (SCM), identify and analyse critical…
Abstract
Purpose
This study aims to systematically review the current academic literature on the role of technologies in low-carbon supply chain management (SCM), identify and analyse critical themes and propose an integrated conceptual model.
Design/methodology/approach
A systematic literature review of 48 papers published between 2010 and 2022 was conducted. A conceptual model was advanced.
Findings
Based on the analysis and synthesis of the reviewed papers, this review provides an initial attempt to integrate technology adoption and low-carbon SCM by developing a diffusion of innovation model of technology-enabled low-carbon SCM within the technology–organisation–environment (TOE) framework, in which drivers, enablers and barriers to technology adoption practices are identified. The environmental, economic and social outcomes of adoption practices are also identified.
Originality/value
This study provides a novel and comprehensive roadmap for future research on technology-enabled low-carbon SCM. Furthermore, policy, as well as managerial implications, is presented for policymakers and managers.
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Ruchi Mishra, Rajesh Singh and Kannan Govindan
The purpose of this study is to systematically review the state-of-art literature on the net-zero economy in the field of supply chain management.
Abstract
Purpose
The purpose of this study is to systematically review the state-of-art literature on the net-zero economy in the field of supply chain management.
Design/methodology/approach
A systematic literature review of 79 articles published from 2009 to 2021 has been conducted to minimise the researchers' bias and maximise the reliability and replicability of the study.
Findings
The thematic analysis reveals that studies in the field of net-zero economy have mostly been done on decarbonisation in the supply chain, emission control and life cycle analysis and environmental and energy management. The findings highlight the strong positive association between digitalisation, circular economy and resources optimization practices with net-zero economy goals. The study also addresses the challenges linked with the net-zero economy at the firm and country levels.
Research limitations/implications
Practitioners in companies and academics might find this review valuable as this study reviews, classifies and analyses the studies, outlines the evolution of literature and offers directions for future studies using the theory, methodology and context (TMC) framework.
Originality/value
This is the first study that uses a structured approach to analyse studies done in the net-zero field by assessing publications from 2009 to 2021.
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Thomas W. Jackson and Ian Richard Hodgkinson
In the pursuit of net-zero, the decarbonization activities of organizations are a critical feature of any sustainability strategy. However, government policy and recent…
Abstract
Purpose
In the pursuit of net-zero, the decarbonization activities of organizations are a critical feature of any sustainability strategy. However, government policy and recent technological innovations do not address the digital carbon footprint of organizations. The paper aims to present the concept of single-use dark data and how knowledge reuse by organizations is a means to digital decarbonization.
Design/methodology/approach
Businesses in all sectors must contribute to reducing digital carbon emissions globally, and to the best of the authors’ knowledge, this paper is the first to examine “how” from a knowledge (re)use perspective. Drawing on insights from the knowledge creation process, the paper presents a set of pathways to greater knowledge reuse for the reduction of organizations’ digital carbon footprint.
Findings
Businesses continually collect, process and store knowledge but generally fail to reuse these knowledge assets – referred to as dark data. Consequently, this dark data has a huge impact on energy use and global emissions. This model is the first to show explicit pathways that businesses can follow to sustainable knowledge practices.
Practical implications
If businesses are to be proactive in their collective pursuit of net-zero, then it becomes paramount that reducing the digital carbon footprint becomes a key sustainability target. The paper presents how this might be accomplished, offering practical and actionable guidance to businesses for digital decarbonization.
Originality/value
Two critical questions are facing businesses: how can decarbonization be achieved? And can it be achieved at a low-cost? Awareness of the damaging impact digitalization may be having on the environment is in its infancy, yet knowledge reuse is a proactive and cost-effective route to reduce carbon emissions, which is explored in the paper.
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Keywords
Highlighting the importance of decarbonising the sector, demand for aluminium is expected to rise by 40% by 2030. Decarbonisation of alumina refining is dependent on renewable…
Details
DOI: 10.1108/OXAN-DB284204
ISSN: 2633-304X
Keywords
Geographic
Topical
Suhaib Arogundade, Mohammed Dulaimi, Saheed Ajayi, Abdullahi Saka and Olusegun Ilori
Extant studies have discussed numerous carbon reduction drivers, but there is a dearth of holistic review and understanding of the dynamic interrelationships between the drivers…
Abstract
Purpose
Extant studies have discussed numerous carbon reduction drivers, but there is a dearth of holistic review and understanding of the dynamic interrelationships between the drivers from a system perspective. Thus, this study aims to bridge that gap.
Design/methodology/approach
The study conducted a review using Preferred Reporting Items for Systematic Reviews and Meta-Analyses and adopted interpretive structural modelling (ISM) to analyse and prioritise the drivers.
Findings
Eighteen drivers were identified and grouped into five, namely, policy instruments, bid-related, cost and risk, education and training, and reward and penalty drivers. The ISM revealed two hierarchical levels of the drivers with only higher cost of electricity/fuel on the higher level, making it the most important driver that could influence others.
Practical implications
The study presents an overview of decarbonisation drivers in the literature and would be of benefit to the government and stakeholders towards achieving net zero emissions in the construction industry.
Originality/value
The findings of the study present drivers of carbon reduction and prioritise and categorise them for tailored interventions within the construction sector. Also, it could serve as foundational knowledge for further study in the construction process decarbonisation research area.
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If approved, the targets will profoundly shape EU economic and environmental policy over the next two decades. The power sector will bear most of the decarbonisation burden to…
Details
DOI: 10.1108/OXAN-DB286024
ISSN: 2633-304X
Keywords
Geographic
Topical
There are many indications that government policymakers and supporters of large-scale nuclear expansion in Poland have not seriously grappled with arguments critical of this…
Abstract
Research Background
There are many indications that government policymakers and supporters of large-scale nuclear expansion in Poland have not seriously grappled with arguments critical of this direction of the country's power development. Instead, there is a mood of euphoric elation in these circles without even an attempt to reflect on why this kind of nuclear power is in a state of perennial crisis and lack of development prospects in Western countries.
The Purpose of the Chapter
The purpose of this chapter is to consider from an economic perspective the potential role of nuclear power in decarbonising the Polish power sector. It needs to answer two questions: why not develop large-scale nuclear power and why small modular reactors (SMRs) can be a better alternative for decarbonisation of the Polish power sector.
Methodology
The primary research method used in the preparation of this chapter is a critical analysis and synthesis of the literature on the subject.
Findings
A technological revolution will offer electricity customers increasingly better alternatives. Among them there is also technology of SMRs which seems to be much less risky option in terms of its compatibility with the direction of the power sector's evolution as well as cost of sectors’ decarbonisation.
Details