气候变化领域集成服务门户(CCPortal): The Impact of Climate Action on the Financial Performance of Food, Grocery, and Supermarket Retailers in the UK

CCPortal

DOI	10.3390/su16051785
	The Impact of Climate Action on the Financial Performance of Food, Grocery, and Supermarket Retailers in the UK
	Olarewaju, Tolu; Dani, Samir; Obeng-Fosu, Collins; Olarewaju, Tayo; Jabbar, Abdul
发表日期	2024
EISSN	2071-1050
起始页码	16
结束页码	5
卷号	16 期号:5
英文摘要	We examined the impact of climate action on the financial performance of eleven food, grocery, and supermarket retailers listed on the London Stock Exchange from 2013 to 2022. Our findings reveal a positive association between the climate mitigation efforts of these businesses and financial performance, particularly in terms of returns on assets (ROA). Through Ordinary Least Squares estimation, we identified that climate action practices such as renewable energy usage, waste reduction, adoption of energy-efficient technologies, eco-friendly packaging, and optimized transportation are significantly associated with the ROA of UK-based food, grocery, and supermarket retailers. This study is significant as these retailers often have extensive operations and supply chains that contribute to greenhouse gas emissions. It demonstrates that engaging in climate mitigation measures can still lead to a positive ROA.
英文关键词	climate action; financial performance; sustainability; climate change; enterprises; food grocery; retail
语种	英语
WOS研究方向	Science & Technology - Other Topics ; Environmental Sciences & Ecology
WOS类目	Green & Sustainable Science & Technology ; Environmental Sciences ; Environmental Studies
WOS记录号	WOS:001182952300001
来源期刊	SUSTAINABILITY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/291958
作者单位	Keele University; University of British Columbia; University of Leicester
推荐引用方式 GB/T 7714	Olarewaju, Tolu,Dani, Samir,Obeng-Fosu, Collins,et al. The Impact of Climate Action on the Financial Performance of Food, Grocery, and Supermarket Retailers in the UK[J],2024,16(5).
APA	Olarewaju, Tolu,Dani, Samir,Obeng-Fosu, Collins,Olarewaju, Tayo,&Jabbar, Abdul.(2024).The Impact of Climate Action on the Financial Performance of Food, Grocery, and Supermarket Retailers in the UK.SUSTAINABILITY,16(5).
MLA	Olarewaju, Tolu,et al."The Impact of Climate Action on the Financial Performance of Food, Grocery, and Supermarket Retailers in the UK".SUSTAINABILITY 16.5(2024).