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DOI | 10.1007/s11365-024-00944-y |
A strategic sustainability model for global luxury companies in the management of CO2 emissions | |
发表日期 | 2024 |
ISSN | 1554-7191 |
EISSN | 1555-1938 |
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
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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 |
推荐引用方式 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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