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2. How to reconcile environmental and economic performance to improve corporate sustainability: corporate environmental strategies in the European paper industry

Author

Wagner, Marcus

Subjects
*ENVIRONMENTAL protection, *POLLUTION prevention, *AIR pollution, *INDUSTRIAL contamination
Abstract

Abstract: This paper discusses the relationship between environmental and economic performance and the influence of corporate strategies with regard to sustainability and the environment. After formulating a theoretical model, results are reported from an empirical analysis of the European paper manufacturing industry. New data are used to test hypotheses derived from the theoretical model, using environmental performance indices representing different corporate environmental strategy orientations. In particular, an emissions-based index largely reflecting end-of-pipe strategies and an inputs-based index reflecting integrated pollution prevention are distinguished. For the emissions-based index, a predominantly negative relationship between environmental and economic performance is found, whereas for the inputs-based index no significant link is found. This is consistent with the theoretical model, which predicts the possibility of different relationships. The results also show that for firms with pollution prevention-oriented corporate environmental strategies, the relationship between environmental and economic performance is more positive, thus making improvements in corporate sustainability more likely. Based on this last insight, managerial implications of this are discussed with regard to strategy choices, investment decisions and operations management. [Copyright &y& Elsevier]

Published
2005
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3. The LOFAR Two-metre Sky Survey: I. Survey description and preliminary data release⋆

Author

Shimwell, T W, Röttgering, H J A, Best, P N, Williams, W L, Dijkema, T J, de Gasperin, F, Hardcastle, M J, Heald, G H, Hoang, D N, Horneffer, A, Intema, H, Mahony, E K, Mandal, S, Mechev, A P, Morabito, L, Oonk, J B R, Rafferty, D, Retana-Montenegro, E, Sabater, J, Tasse, C, van Weeren, R J, BrYggen, M, Brunetti, G, Chyży, K T, Conway, J E, Haverkorn, M, Jackson, N, Jarvis, M J, McKean, J P, Miley, G K, Morganti, R, White, G J, Department of Astronomy, and Faculty of Science

Subjects
Will, source, Strategy, Farm produce, Area, radio continuum: general, techniques: image processing, RADIO RECOMBINATION LINES, Imaging, quartier, surveys, evolution, emission, survey, prospection, table, time, stratégie, région, region, Galaxies--Clusters, paper, square, nucleus, Structure, Sources, Degrees, 1ST SURVEY, GALA, calibration, Galaxies, Description and travel, field, Spring, testament, Holes, Impact, Black, noir, valeur, line, catalogue, Sky, Noise, FOLLOW-UP, catalogs, Value
Abstract

598

Published
2017
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4. How to reconcile environmental and economic performance to improve corporate sustainability: corporate environmental strategies in the European paper industry

Author

Marcus Wagner, Bureau d'Économie Théorique et Appliquée (BETA), and Institut National de la Recherche Agronomique (INRA)-Université de Strasbourg (UNISTRA)-Université de Lorraine (UL)-Centre National de la Recherche Scientifique (CNRS)

Subjects
Paper, Conservation of Natural Resources, Environmental Engineering, Index (economics), Performance, Decision Making, Strategy, Economic, 010501 environmental sciences, Management, Monitoring, Policy and Law, 01 natural sciences, Environmental, Environmental Sustainability Index, 0502 economics and business, Economics, ddc:330, Humans, Industry, Sustainability organizations, Waste Management and Disposal, ComputingMilieux_MISCELLANEOUS, 0105 earth and related environmental sciences, Relationship, 05 social sciences, Corporate, Sustainability sciences, Management & Economics, General Medicine, Environmental economics, Models, Theoretical, Organizational Policy, Europe, Econometric, Investment decisions, Economy, Corporate sustainability, Negative relationship, Sustainability, Panel, Environmental scanning, Environmental Pollution, Analysis, 050203 business & management
Abstract

This paper discusses the relationship between environmental and economic performance and the influence of corporate strategies with regard to sustainability and the environment. After formulating a theoretical model, results are reported from an empirical analysis of the European paper manufacturing industry. New data are used to test hypotheses derived from the theoretical model, using environmental performance indices representing different corporate environmental strategy orientations. In particular, an emissions-based index largely reflecting end-of-pipe strategies and an inputs-based index reflecting integrated pollution prevention are distinguished. For the emissions-based index, a predominantly negative relationship between environmental and economic performance is found, whereas for the inputs-based index no significant link is found. This is consistent with the theoretical model, which predicts the possibility of different relationships. The results also show that for firms with pollution prevention-oriented corporate environmental strategies, the relationship between environmental and economic performance is more positive, thus making improvements in corporate sustainability more likely. Based on this last insight, managerial implications of this are discussed with regard to strategy choices, investment decisions and operations management.

Published
2004