Quality Kilowatts: A Normative-Empirical Framework for Assessing TNC Performance on Sustainable Electricity Provision in Developing Countries

Wilde-Ramsing, Joseph

doi:10.1177/1464993416688827

Cited by 4 publications

(7 citation statements)

References 36 publications

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“…These are social (displacement, community lifestyle impact, indigenous right, consumer right, affordability, access to electricity, public health and safety, labor issues, gender equality), environmental (natural resource depletion, climate change and greenhouse gas emissions, renewable sources of energy for electricity, biodiversity, waste and pollution, ecosystem impact), and economic responsibility (local economic development, competition, corruption, reliability of supply, due diligence, eco-efficiency, taxation, research and development, demand-side initiatives). The degree of implementation of CSR recommendations in practice largely depends on the degree of development of a given economy (e.g., the level of corruption risk depends on it) [48].…”

Section: Csr In the Energy Industrymentioning

confidence: 99%

Does CSR Affect the Profitability and Valuation of Energy Companies? An Example from Poland

Zieliński

Jonek-Kowalska

2021

Energies

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The article refers to the issues of financial profitability of undertaking CSR activities, which is widely reported in literature. The four largest electricity producing companies in Poland were selected for the analysis. The research period covers the years 2009–2019, when the index of socially responsible companies was operating on the Warsaw Stock Exchange. The main purpose of the article is to compare the profitability ratios and quotations of energy companies in Poland declaring themselves socially responsible with companies of the same sector that have not expressed such a declaration. The results obtained on the basis of descriptive statistics, concerning profitability ratios and stock market quotations, indicate no relationship between their level and stability and the companies’ declarations of compliance with social responsibility. Companies declaring themselves socially responsible were placed in the ranking between the results of companies that did not belong to the indicated index. This may be the result of the specific situation of energy companies in Poland.

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Section: Csr In the Energy Industrymentioning

confidence: 99%

Does CSR Affect the Profitability and Valuation of Energy Companies? An Example from Poland

Zieliński

Jonek-Kowalska

2021

Energies

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“…The critical issues identified by the Uusimaa Regional Council (Helsinki, Finland) in cooperation with the countries of the Baltic Sea Region (2007) and Wilde-Ramsing (2009) provide a comprehensive list of indicators from the literature that should form the basis for the development of a comprehensive CSR policy. These issues can be divided into three pillars of sustainable development for the energy industry: social issues, environmental issues and economic issues [46,47]. Enterprises from the energy sector are the largest consumer of fossil fuels, and thus emit the most carbon dioxide.…”

Section: Csr and Sustainable Development In The Energy Industrymentioning

confidence: 99%

“…It can be seen that companies from the energy sector are increasingly adapting their CSR policy to the standards of sustainable development and its reporting, such as UN Global Compact, OECD Guidelines for Multinational Enterprises (Paris, France), Global Reporting Initiative (GRI) (Amsterdam, The Netherlands) and Carbon Disclosure Project (CDP). According to studies by EPSU et al [46], over 70% of the surveyed enterprises in the energy sector are members of the UN Global Compact, and about 38% have a clear reference to the OECD guidelines in their publicly available documents on CSR policy. In addition, 80% of companies use the CDP standard to report CO2 emissions, and 67% report in accordance with the GRI G3 sustainability reporting guidelines.…”

Section: Csr and Sustainable Development In The Energy Industrymentioning

confidence: 99%

“…Research has also shown that while companies are eager to report CSR and make efforts to apply international standards, it does not end up being responsible behavior. The authors of the report conclude that a set of tools and an expert knowledge center should be created that will connect different organizations in order to better implement CSR assumptions for the energy industry [46].…”

Section: Csr and Sustainable Development In The Energy Industrymentioning

confidence: 99%

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The Environmental Aspect in the Concept of Corporate Social Responsibility in the Energy Industry and Sustainable Development of the Economy

Huk

Kurowski

2021

Energies

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Sustainable development is now an important direction for the further development of all economies in the world. It is important to balance economic development with the impact on the environment and our planet. Another direction in the development of management sciences is the emergence of the concept of Corporate Social Responsibility, which considers this impact in three key aspects—economic, environmental and social—in terms of microeconomics. This concept gives companies specific guidelines and tools that minimize their negative impact on the environment. Reducing the negative impact of companies influences the environment and this is what is mainly associated with them. However, companies should also pay attention to internal consistency and caring for employees. Company practices such as the exploitation of people, including children, and injustice in the workplace are some of the factors that can be observed in less developed countries. The article focuses on the presentation of the environmental aspect in the context of the concept of corporate social responsibility. We analyzed individual sectors of the economy in terms of the environmental aspect, with particular emphasis on the energy industry. The study is based on a statistical analysis taking into account data from 1718 companies from all over the world. The aim of the article is to present the environmental aspect in the context of corporate social responsibility in the energy industry as a direction for sustainable development of the economy. The article is based on the analysis of the literature and databases presenting CSR, which was created on the basis of questionnaire research. The article shows which regions of the world are worse and which are better in terms of the environmental aspects of CSR. Conclusions on the main CSR guidelines for the environment are also presented. We analyzed factors such as environmental routines, policies and targets, implementation of environmental management systems, ISO 14001/EMAS certification, environmental reporting, environmental requirements inside the supply chain, the trend of GHG emissions and the trend of energy consumption for their environmental impact. The analysis was carried out on the basis of given regions of the world and individual sectors of the economy, especially the energy industry.

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“…Sesan et al (2013) warn that profit-driven business models at the BoP are not sufficient to meaningfully serve these markets. MNEs can contribute to local communities by providing electricity access (D'Amelio et al, 2016;Wilde-Ramsing, 2017), supporting biodiversity projects (Bek et al, 2013), funding sport and gender development (Hayhurst, 2011), and partnering in quadsector development projects to tackle corruption (Gonzalez, 2016).…”

Section: Geography Planning and Development And Area Studiesmentioning

confidence: 99%

The social value creation of MNEs – a literature review across multiple academic fields

Sinkovics

Archie-Acheampong

2019

cpoib

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Purpose This study aims to investigate how different academic fields within and outside of international business (IB) engage with the topics of social value creation in the context of multinational enterprises (MNEs). The aim is to take stock of the main themes and offer suggestions for future research avenues. Design/methodology/approach The paper undertakes a scoping review. The authors use the Web of Science database to identify relevant articles. The database search yielded 466 articles. The NVivo software was used to code and identify key thematic areas. Findings The matrix analysis performed in NVivo yielded 15 main thematic areas spanning 37 research fields. However, further analysis revealed that 89 per cent of the articles originated from 13 fields. Furthermore, while IB journals represent the second-largest field home to publications related to the social value creation of MNEs, they only account for 12 per cent of the sample. Originality/value The paper responds to prior calls to reduce disciplinary silos through the performing of a thematic analysis across a multitude of research fields.

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Quality Kilowatts: A Normative-Empirical Framework for Assessing TNC Performance on Sustainable Electricity Provision in Developing Countries

Cited by 4 publications

References 36 publications

Does CSR Affect the Profitability and Valuation of Energy Companies? An Example from Poland

Does CSR Affect the Profitability and Valuation of Energy Companies? An Example from Poland

The Environmental Aspect in the Concept of Corporate Social Responsibility in the Energy Industry and Sustainable Development of the Economy

The social value creation of MNEs – a literature review across multiple academic fields

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