Could a New Green VAT System Encourage Sustainable Consumption and Production?

On 02/04/2014, in Environmental Economics, Environmental Finance, Sustainable Production, by Dr. Paola Fiore

Green VAT System and Sustainable Consumption and Production

 

A recent study has proposed a new economic tool designed to encourage a more sustainable production and consumption.

To ensure that the environmental impact of products is reflected in their cost, the authors of the research recommend a System of Green Value Added Tax (VAT) based on the Life Cycle Assessment (LCA).

The importance of decoupling environmental degradation from economic growth is highlighted by the EU’s Roadmap to a Resource Efficient Europe and Sustainable Consumption and Production and Sustainable Industrial Policy Action Plan.

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Want To Improve Community-Level Green Behaviour? Try With Social Marketing

On 10/03/2014, in Education for Sustainability, Green Marketing, Social Marketing, by Dr. Paola Fiore

Social Marketing and Environmental Behaviour

 

A community-level initiative in the UK has successfully used social marketing techniques to encourage participants to cut their greenhouse gas emissions. On average, participants reduced their emissions footprint by 2 tonnes every year.

Based on the initiative, the authors of this study propose a framework to guide future community engagementThere is increasing emphasis on the role of community-level movements to reduce greenhouse gas emissions.

In this study, researchers examine an initiative which utilized ”social marketing” to encourage a shift towards pro-environmental behaviours in the city of York, UK.

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Environmental Management Systems Should Not Be Merely Used As Marketing Tools

Environmental Management Systems and Greenwashing

 

Generally, companies that adopt an Environmental Management System (EMS) based on the ISO 14000 family of international standards, and which is normally designed to help reduce the business’s environmental impact, back this up with sincere, long term investment in environmentally-friendly practices and technologies, as suggested also by a recent review.

Researchers of this latest study found that the adoption of the ISO 14001:2004 requirements for certification was not “greenwash“, but reflected in fact a move towards more sustainable practices in both European and North American companies.

Environmental management systems, such as the international standard ISO 14001:2004 and the European Union’s Environmental Management and Audit Scheme (EU EMAS III), provide a holistic approach towards reducing the environmental impacts, and the number of companies that are using these management systems has increased rapidly in the recent years.

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How Corporate Governance and Powerful CEOs Can Affect Environmental Performance

On 05/02/2014, in Corporate Governance, Corporate Sustainability, CSR, ESG, by Dr. Paola Fiore

Corporate Governance and Environmental Performance

 

An interesting, recent study has investigated how the relationships between company’s owners, its managers and boards of directors may influence its environmental performance.

Today, many companies want to make a positive impact on their stakeholders, including the public, and the environment through Corporate Social Responsibility (CSR) programs, and some include social impacts in their corporate goals.

While internationally recognized voluntary initiatives, such as the UN Global Compact and International Corporate Governance Network, encourage companies to include social goals into their governance agenda, only few of these schemes offer any detailed guidance on how to build socially accountable governance structures.

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Restoring Ecosystems? It Is Environmentally Necessary and Also Economically Profitable

On 24/01/2014, in Biodiversity, Ecosystems, Environmental Economics, Nature Conservation, by Dr. Paola Fiore

Accudiamo la natura

 

The economic benefits of restoring natural ecosystems outweigh the costs, according to new research. The study examined the financial costs and benefits of restoring a range of ecosystems, including those found in marine, inland and coastal habitats, and concludes that in most cases the large value of ecosystem services provides a net economic benefit.

Natural ecosystems provide a vast array of services that support human well-being and have real economic value. For example, a study of Payment for Ecosystem Services (PES) in Costa Rica showed that companies were willing to invest € 143.000 per year for watershed protection.

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