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DOI10.1007/s11365-024-00944-y
A strategic sustainability model for global luxury companies in the management of CO2 emissions
发表日期2024
ISSN1554-7191
EISSN1555-1938
英文摘要Luxury brands are at the forefront of sustainability efforts and carbon emission reductions to fight climate change. The goal of this paper is to analyze such climate change challenges in terms of cost efforts within large luxury conglomerates. In doing so, financial metrics have been gathered for the top 100 companies in the luxury sector and compared against CO2 emissions metrics with regressive methods. This enables the study of relationships between sustainability and finance to explore if sustainability is expensive and if sustainability is explained by costs, sales, taxes, or investment. Such works allow the setting of conclusions on financial and managerial decisions and, moreover, set a new framework of analysis based on financial variables and the positive or negative impact on CO2 emissions, such as which financial variables generate more CO2 emissions (luxury sales, capital investment and financial cost) and which help to reduce such emissions (cost of goods sold, general expenses and taxes).
英文关键词Sustainability; CSR; Strategy; CO2 emissions; Luxury brands; Cost analysis
语种英语
WOS研究方向Business & Economics
WOS类目Business ; Management
WOS记录号WOS:001171678300002
来源期刊INTERNATIONAL ENTREPRENEURSHIP AND MANAGEMENT JOURNAL
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/286559
作者单位Complutense University of Madrid; ESIC; ESIC University; ESIC Business & Marketing School; IE University
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GB/T 7714
. A strategic sustainability model for global luxury companies in the management of CO2 emissions[J],2024.
APA (2024).A strategic sustainability model for global luxury companies in the management of CO2 emissions.INTERNATIONAL ENTREPRENEURSHIP AND MANAGEMENT JOURNAL.
MLA "A strategic sustainability model for global luxury companies in the management of CO2 emissions".INTERNATIONAL ENTREPRENEURSHIP AND MANAGEMENT JOURNAL (2024).
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