Effects of Pro-Ecological Investments on an Example of the Heating Industry—Case Study

Marcin Olkiewicz,Adam Wyszomirski,Anna Olkiewicz,Radosław Wolniak

doi:10.3390/en14185959

Abstract

This paper presents problems connected with the effects of pro-ecological investment on the example of the heating industry. The aim of the publication, resulting from the identified gap, is to analyze pro-ecological investments on the example of a Polish heating company—Miejska Energetyka Cieplna Ltd. in Koszalin. In particular, the pro-environmental activities in which the examined company engaged over the period 2017–2020 were analyzed. On the basis of existing models in the literature, the authors’ cause–effect model for analyzing pro-ecological investments was proposed and investments were realized by the analyzed organization using this model. Combining the presented causes and effects of ecological investments, it is possible to propose a cause–effect model of pro-ecological investments undertaken in organizations consisting of three causes and five effects. All causes that cause organizations to realize pro-ecological investments can be divided into three groups: low requirements, economical requirements, and image requirements, all of which lead to the implementation of environmental corporate social responsibility.

Highlights

Issues concerning pro-ecological investments and their impact on limiting the operation of an organization are very important in today’s economy
The research was conducted in relation to a heating company operating in northwestern Poland—Miejska Energetyka Cieplna (MEC) Koszalin
The importance of reducing gas emissions, especially CO2, in the heating industry is emphasized by Buryn and Hnydiuk-Stefan, who note the importance of carbon dioxide reduction in the production planning process in the heating industry [1]

Summary

Introduction

Issues concerning pro-ecological investments and their impact on limiting the operation of an organization are very important in today’s economy. In European Union countries, increasingly strict requirements have been introduced for compliance with standards on the emission of harmful substances into the atmosphere. This issue finds an important place in European law. The EU Emission Trading System (ETS) has been introduced in the European Union It aims to reduce carbon emissions in industry by requiring companies to hold a permit for every ton of carbon dioxide emitted [1,2,3,4]. Companies are required to purchase permits through an auction system This type of policy is aimed at reducing emissions, but at indirectly stimulating investment in new, environmentally friendly technologies in EU member states [5,6,7]

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