Renewable Energy, Sustainable Business Models, and Decarbonization in the European Union: Comparative Analysis of Corporate Sustainability Reports DOI Open Access

Ningshan Hao,

Voicu D. Dragomir

Sustainability, Journal Year: 2025, Volume and Issue: 17(8), P. 3646 - 3646

Published: April 17, 2025

The purpose of this article is to investigate the development sustainable business models (SBMs) renewable energy companies. To assess degree alignment with European Union Taxonomy for activities (Regulation 2020/852), Green Deal, and Sustainable Development Goals five companies—Ørsted, Engie, Vattenfall, Iberdrola, Enel—we have used their sustainability reports from 2023. We analyzed how each company contributes EU climate targets strategy achieve a 55% reduction in greenhouse gas emissions by 2030 net zero 2050. results showed challenges faced switching traditional fossil fuel models. Due regulatory constraints different organizational structures, has adopted specific SBM respect power generation green transition. advantages disadvantages these SBMs were identified described comparatively help regulators, policymakers, industry associations improve reporting sector.

Language: Английский

Comment on “EU Taxonomy: Mission Impossible” by Kooths (2023) DOI
Ali Mehmandoost Kotlar

The Economists Voice, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 13, 2025

Abstract Stefan Kooths’s (2023) article, “EU Taxonomy: Mission Impossible,” offers a critical perspective on the European Union (EU) Taxonomy, arguing that it conflicts with free-market principles and could potentially impede economic growth. While Kooths raises legitimate concerns about bureaucratic burdens risk of market distortions, this paper argues EU Taxonomy is an essential policy tool to correct failures, enhance transparency in sustainable finance, catalyze transition toward more resilient economy. This commentary addresses criticisms while providing balanced view Taxonomy’s potential. Specifically, highlights its role addressing environmental externalities, boosting investor confidence by reducing greenwashing, fostering green growth innovation both within globally.

Language: Английский

Citations

1

Sustainable Finance Research, Standards, and Reporting: Insights from Quantitative and Qualitative Data Using Fine-Tuned BERT Models Work in Progress DOI
Olaf Weber, Qian Wang

Published: Jan. 1, 2025

Language: Английский

Citations

0

Accounting for the EU Green Taxonomy: exploring its concept, data and analytics DOI

Lucia Alessi,

Theodor Cojoianu, Andreas G. F. Hoepner

et al.

Accounting Forum, Journal Year: 2024, Volume and Issue: 48(3), P. 365 - 373

Published: July 2, 2024

Language: Английский

Citations

3

ESG and bank profitability: the moderating role of country sustainability in developing and developed economies DOI Creative Commons

María Cantero-Sáiz,

Sergio Sanfilippo Azofra, Begoña Torre Olmo

et al.

Green Finance, Journal Year: 2025, Volume and Issue: 7(2), P. 288 - 331

Published: Jan. 1, 2025

Language: Английский

Citations

0

Renewable Energy, Sustainable Business Models, and Decarbonization in the European Union: Comparative Analysis of Corporate Sustainability Reports DOI Open Access

Ningshan Hao,

Voicu D. Dragomir

Sustainability, Journal Year: 2025, Volume and Issue: 17(8), P. 3646 - 3646

Published: April 17, 2025

The purpose of this article is to investigate the development sustainable business models (SBMs) renewable energy companies. To assess degree alignment with European Union Taxonomy for activities (Regulation 2020/852), Green Deal, and Sustainable Development Goals five companies—Ørsted, Engie, Vattenfall, Iberdrola, Enel—we have used their sustainability reports from 2023. We analyzed how each company contributes EU climate targets strategy achieve a 55% reduction in greenhouse gas emissions by 2030 net zero 2050. results showed challenges faced switching traditional fossil fuel models. Due regulatory constraints different organizational structures, has adopted specific SBM respect power generation green transition. advantages disadvantages these SBMs were identified described comparatively help regulators, policymakers, industry associations improve reporting sector.

Language: Английский

Citations

0