Adoption Of Green Technology Research Articles

Corporate environmentalism and value creation: Investigating the role of shared independent directors in green technology adoption and financial performance

Corporate environmentalism and value creation: Investigating the role of shared independent directors in green technology adoption and financial performance

Harnessing corporate digitalization for green tech advancements: The mediating influence of mineral resource endowments

This study investigates the potential of corporate digitalization to drive advancements in green technology, emphasizing the mediating role of mineral resource endowments. The research addresses the urgent need for sustainable development amid growing environmental challenges and highlights the critical role of corporate digitalization in fostering green technology innovations. The objectives are to analyze the impact of digitalization on green technology advancements among 2341 Chinese A-listed firms from 2010 to 2022 and to explore how mineral resource endowments influence this relationship. Our findings reveal that firms with higher levels of digitalization significantly improve their adoption and innovation of green technology. Additionally, mineral resource endowments amplify the positive effects of digitalization on green tech advancements, serving as a vital mediating factor. The results indicate that firms in regions with abundant mineral resources are better positioned to utilize digital technologies for green innovations. Furthermore, our analysis shows that digitalization promotes greater collaboration and knowledge sharing, accelerating green technology development. The policy implications suggest that encouraging corporate digitalization and optimizing the use of mineral resources can significantly advance sustainable development goals. This underscores the need for integrated policies that support both digital and green transformations.

Revolution in Renewables: Integration of Green Hydrogen for a Sustainable Future

In recent years, global efforts towards a future with sustainable energy have intensified the development of renewable energy sources (RESs) such as offshore wind, solar photovoltaics (PVs), hydro, and geothermal. Concurrently, green hydrogen, produced via water electrolysis using these RESs, has been recognized as a promising solution to decarbonizing traditionally hard-to-abate sectors. Furthermore, hydrogen storage provides a long-duration energy storage approach to managing the intermittency of RESs, which ensures a reliable and stable electricity supply and supports electric grid operations with ancillary services like frequency and voltage regulation. Despite significant progress, the hydrogen economy remains nascent, with ongoing developments and persistent uncertainties in economic, technological, and regulatory aspects. This paper provides a comprehensive review of the green hydrogen value chain, encompassing production, transportation logistics, storage methodologies, and end-use applications, while identifying key research gaps. Particular emphasis is placed on the integration of green hydrogen into both grid-connected and islanded systems, with a focus on operational strategies to enhance grid resilience and efficiency over both the long and short terms. Moreover, this paper draws on global case studies from pioneering green hydrogen projects to inform strategies that can accelerate the adoption and large-scale deployment of green hydrogen technologies across diverse sectors and geographies.

Incentivizing green building technology: A financial perspective on sustainable development in India.

Future viability depends on ensuring a sustainable society because green energy methods may efficiently reduce greenhouse gas emissions. Nevertheless, stakeholders, consumers, and developers continue to be notably ignorant of the financial incentives connected to green technology. Moreover, there is still a dearth of studies on the range of financial incentives offered by different authorities in India. Monetary incentives, such as tax breaks, indirect tax exemptions, and refunds, are crucial in encouraging the use of green technology in the modern world. This study explores the importance of financial incentives for green building technologies in India, which also looks at the wide range of incentives provided by federal, state, and local governments. Furthermore, the study highlights various state government programs such as goods subsidies, exemptions from local taxes, and fee waivers. Notably, several incentives aimed at consumers, developers, and other stakeholders have been implemented by the Indian Green Building Council (IGBC). This review study emphasizes the effectiveness of financial incentives in green construction projects and draws attention to a clear knowledge gap regarding the adoption of green technology. This study also provides insights into potential future directions. Studies and research results emphasize the importance of spreading the word about financial incentives as a key factor in determining the adoption of green technologies. Many parties, including governmental organizations, municipal governments, developers, and clients engaged in green building technology projects, stand to gain increased awareness.

Green environmental management system and environmental performance: Results from PLS-SEM and fsQCA

Advanced green technology developments have induced key innovation approaches in the manufacturing industry to boost sustainable development (SD) in the present market. Despite the industrial need for green innovation and its associated benefits to regulate and optimise their operations and environmental performance, respectively, green innovation implementation and adoption remain inadequate. Due to the key significance of green innovation for firms operating in emerging markets, this research endeavors to investigate the green innovation influence on the relationship between Environmental Management System adoption and impact on Environmental Performance. To bridge this gap, The current work aimed structuring and validating a study model via the integration of Resource-Based View (RBV) and Institutional theories with the Technology-Organisation-Environment (TOE) framework to persuade companies towards green innovation implementation. Survey questionnaires were disseminated to 183 employees in a manufacturing company to collect the study data, which were then assessed with partial least squares-structural equation modelling (PLS-SEM) and Fuzzy-set Qualitative Comparative Analysis (fsQCA). Resultantly, the model's integrated constructs of perceived benefits, top management support, coercive pressure, normative pressure, and mimetic pressure predicted green management accounting practices. Green management accounting practices directly and significantly impacted green environmental performance, while green innovation significantly and negatively moderated the ‘green management accounting practice-green environmental performance’ link. Thus, the integrated model provides decision-makers with clear implications of green practice and innovative technology adoption for optimal environmental performance. The outcomes derived from literature reviews on advanced green technologies implied a notable ‘green management accounting practice-environmental performance’ relationship within emerging countries.

Research into the Correlation between Carbon Emissions, Foreign Energy Investment, and China’s Financial Advancement

Carbon dioxide emissions are the primary driver of global climate change. This study aims to analyze the relationship between inward foreign direct investment in the energy sector and CO2 emissions in China versus other countries. For this, the co-integration methods were used. The results suggested that China should encourage the adoption of green technologies in order to reduce CO2 emissions and enforce strict environmental laws. Another necessary step is to stop the licensing of polluting industries that emit high amounts of CO2 emissions. The present findings can be used to develop state programs for environmental protection. Future research can examine the relationship of FDI in the energy sector with indicators other than pollution with CO2 emissions, for example, with the consumption of renewable energy sources.

Financing green entrepreneurs under limited commitment

Risk-averse entrepreneurs interact with financiers to fund their projects. Projects can be operated under green or dirty technologies. We explore the role of limited commitment in determining the adoption of green technologies when governments enact carbon taxes and/or directed investment subsidies. We show that entrepreneurial (respectively, financier) limited commitment makes it more (less) costly for governments to encourage green technology adoption. Because green technologies are still at an early stage, the cash flows they generate are back-loaded. Entrepreneurial limited commitment forces consumption to increase over time, thereby undermining risk-sharing and making dirty technologies more attractive. By contrast, under financier limited commitment, the possibility that front-loaded dirty technologies become obsolete forces consumption to decrease over time, thereby impairing risk-sharing and making green technologies more attractive. We also show that carbon taxes (directed technology subsidies) are more cost-effective when entrepreneurs (financiers) display limited commitment.

Ship deployment problem with green technology adoption for an inland river carrier under non-identical streamflow and speed limits

The maritime industry is currently experiencing a shift towards green corridors. The inland waterway is the main transportation corridor with a relatively low adoption of green technologies, which produces heavy air pollution in inland cities. This paper investigates the ship deployment problem for an inland river carrier considering the adoption of green fuel and green technologies for a given ship fleet. A non-linear programming (NLP) model is proposed to jointly optimize green technology adoption, sailing speed, and routing problems while considering two unique characteristics of inland river shipping, including the non-identical streamflow and the speed limits on each shipping leg. The analytical propositions reveal the optimal operation strategy of the inland river ship fleet, and a column generation-based algorithm is further designed to solve the proposed model. By jointly investigating the ship operation strategy and sulphur emissions, we find the following management insights: Firstly, the ship would have a lower willingness to invest in shore power (scrubber) if it installed scrubber (shore power). The higher streamflow and looser speed limits would reduce the spillover effect of green technology adoption. Secondly, emissions will spillover from ports to river legs if only shore power is provided. Our findings provide valuable insights for policymakers to promote complete green technology adoption to achieve comprehensive abatement of the entire inland river.

How does adopting sustainable supply chain quality management improve corporate financial performance? A transaction cost perspective

This article examines the impact of adopting SSCQM on the financial performance of companies, based on transaction theory. The main objective of this study is to assess how reducing transactional costs through SSCQM, or within its framework, can improve the financial performance of Moroccan companies. The methodology is based on quantitative analysis, using an econometric model (GLM-Gamma) to test the association between SSCQM adoption and financial performance. The results of the study show that various SSCQM-related practices positively affect companies’ financial performance. Managing sourcing costs significantly improves profit margins. Contracts focusing on quality and sustainability, and minimizing the risk of non-compliance, also boost financial performance. However, the ability to adapt and respond to regulatory changes shows no significant impact. Optimizing production processes and investing in green technologies are proving to be profitable strategies, with significant improvements in financial performance. Customer engagement and transparency and traceability of operations also have a positive impact. These results suggest that SSCQM practices, such as the adoption of green technologies and transparency policies, are beneficial for companies’ financial performance. The originality of the study lies in its approach, which links transaction theory to sustainable supply chain management, an angle little explored in existing literature. The study confirms that SSCQM is an effective strategy for improving corporate financial health by minimizing transactional costs. It recommends integrating SSCQM into companies’ management strategies to boost their competitiveness, financial performance and sustainability.

Pathways towards low-carbon sustainable agriculture: how farmland size affects net carbon emissions

ABSTRACT Understanding the impact of farmland size adjustment on net crop carbon emissions (NCEs) is crucial for both effective farmland management and sustainable development, which are essential topics in agri-environmental science. However, studies exploring the relationship between farmland size and NCEs remain limited, particularly in developing countries with scarce farmland, such as China. To fill this gap, this paper discusses farmland size’s impact on NCEs using a threshold model combining endogenous switching regression (ESR) and two-stage least squares (2SLS) with survey data from 2600 Chinese farmers. The results show that increasing farmland size curbs the scale and intensity of NCEs. However, their relationship follows a triple threshold effect, where substantial NCEs mitigation occurs only when the per-household farmland size exceeds specific thresholds of 5.1, 15.2, and 46.7 ha. Expanding farmland size can also indirectly reduce NCEs by promoting green agricultural technologies (GAT) adoption. Moreover, lowering farmers’ time preferences and enhancing technical training can increase the positive effect of farmland size expansion on GAT adoption and reduce NCEs further. However, the emission reduction effects vary by GAT type. Soil testing and fertilization technology, pest control technology, and water-saving irrigation technology reduce NCEs, while the other GAT have insignificant effects. Overall, our study sheds light on the intricate relationships between farmland size, GAT adoption, and NCEs, and provides valuable insights for low-carbon, sustainable agriculture policies. We suggest that policymakers can reduce NCEs and facilitate agriculture’s low-carbon transition by promoting moderate farmland size expansion and locally adapted GAT.

Managing Green and Sustainable Technologies: Climate-Informed Corrosion Prediction for Steel Structures

The unpredictability of atmospheric circumstances is one of the major elements that contribute to the capability to anticipate the corrosion growth in metal structures over time accurately. Climate shifts can potentially modify the long-term attributes of these factors throughout the operational life of metal structures, both those currently in existence and those newly developed. The impact of climate irregularity on the probabilistic nature of atmospheric variables, which significantly impact corrosion situations, can add intricacy to corrosion predictions in these constructions. This project presents an incorporated framework to quantify the impact of climate alteration on the corrosion rates of steel structures in Jordan. It considers the changes in environmental conditions, specifically temperature, relative humidity, and wind speed, and their impacts on atmospheric corrosion. Global Climate Models are employed to assess the long-term effects of climate transformation on these environmental circumstances. An analytical model for anticipating corrosion rate is integrated with climate transformation models to predict modifications in the corrosion rates of steel parts relative to historical situations. This project also examines the impact of climate transformation on the fluctuations of these climatic parameters and offers a contrast between historical data and projected conditions across the country. The findings indicate a significant increase in corrosion rates across Jordan, which calls for localized green building codes and standards to ensure that future infrastructure is sustainable and capable of withstanding the new climatic norms. This approach addresses the immediate challenges posed by climate change and contributes to the broader goals of sustainable urban development and managing green technology adoption in Jordan. Doi: 10.28991/CEJ-2024-010-08-016 Full Text: PDF

Determinants of adoption of green technologies in the construction of buildings in Nakuru city, Kenya

Adoption of green technologies in construction of buildings is one of the strategies of climate change mitigation and reducing the negative effects of urbanization to the environment. The adoption of green technologies is critical for achieving low carbon development. However, it is not clear what factors determine the uptake of different types of green technologies in the construction of buildings in the study area, an issue that this study sought to investigate. The study adopted a mixed research design. The target population was 1191 households, with a sample study size of 153 (13%) households obtained from Milimani, Section 58 and Naka Estates in Nakuru City. Primary data was collected using structured household questionnaires and key informant interviews. The data obtained was analyzed using descriptive and inferential statistics, where: percentages, frequencies and multiple linear regression analysis test were computed. The study observed that education level, employment status, and monthly household income had a significant influence in adoption of green building technologies. The results of the study provide a basis that can be used for the formulation of policies that can enhance the adoption of green building technologies in Nakuru City.

A green revolution in the making: integrating environmental performance and green finance for China’s sustainable development

Green finance initiatives are encouraged in the world to attain green economic milestones. Therefore, it is the centered area of research for the plethora of researchers across the globe. Instead of this significant transition to green finance, the study analyzed the Chinese data to explore the relationship between Green Finance, Green Technology innovation, and Environmental Performance from 2003 to 2022 in the Chinese context. We preferred the CS-ARDL and panel Quantile regression models for exploring our hypothesis and to examine the relationship of these variables. Our results validated that both green finance and green technology innovation have positive effects in both the long-term and short-term on the environmental performance in numerous Chinese cities. The statistical results showed that Green Finance and Green technology innovation reduce the amount of CO2 emission. Hence our results confirmed that both Green Finance and green technology innovations are significantly contributing to the environmental quality of China as the selected cities considered for the study investigation are considerably more driven towards green initiatives. This research also discussed the potential for implementing policy interventions in the future to leverage the adoption of green technology and make a significant impact on the world’s environmental quality as China is the biggest emitter of CO2 emissions. The study places and puts forward valuable insights to the regulatory bodies that would likely help them in achieving sustainable milestones and would contribute to their long-term strategic landscape for the attainment of environmental objectives and heights.

Empowering Green Choices: How Laws Influence Ecological Commitment, Environmental Knowledge, and Green Technology Adoption for a Cleaner Tomorrow

Empowering Green Choices: How Laws Influence Ecological Commitment, Environmental Knowledge, and Green Technology Adoption for a Cleaner Tomorrow

Development of ANP-based greenness evaluation model of construction technologies in China

Purpose Green construction is increasingly vital in promoting sustainability within the construction industry. The development and promotion of green construction technologies are central to this endeavor. However, existing evaluations mainly target building components, construction projects or certain construction processes. There is a notable absence of research into the greenness of construction technologies. Assessing the greenness of construction technologies is crucial for streamlining resource utilization and reducing waste. To address this gap, this study aims to establish a Greenness of Construction Technologies (GCT) evaluation model using the method of analytic network process (ANP). Design/methodology/approach Green construction is increasingly vital in promoting sustainability within the construction industry. The development and promotion of green construction technologies are central to this endeavor. However, existing evaluations mainly target building components, construction projects or certain construction processes. There is a notable absence of research into the greenness of construction technologies. Assessing the greenness of construction technologies is crucial for streamlining resource utilization and reducing waste. To address this gap, this study establishes a GCT evaluation model using the method of ANP. Findings Among the four formwork technologies of plastic, steel, plywood and wooden formwork, the plastic formwork exhibits the best performance in terms of environmental friendliness, economic and social effects, while facing issues like material wastage and low static strength. The results align with practical observations which validates the model’s applicability. Originality/value This research contributes to the field by introducing the concept of greenness into construction technology evaluation for the first time. The establishment of the GCT evaluation model promotes the adoption of green construction technologies and advances sustainable practices in the construction industry.

Diffusion mechanism of green building in industrial clusters: An agent-based modeling approach

Industrial clusters are conducive to accelerating the adoption of green technologies and green buildings, but the underlying mechanism of cluster-based adoption among different stakeholders is seldom examined. The paper aims to explore the diffusion mechanism of green building among stakeholders in industrial clusters based on an agent-based modeling (ABM) approach. Factors influencing stakeholders’ adoption of green buildings were identified in five dimensions: economic benefit, green responsibility, peer effect, market demand, and technological maturity. An ABM model was developed for simulating green building diffusion among stakeholders, and validated with a Shenzhen case. The results indicate an S-shape trend of the adoption rate within the cluster. Developers show a relatively laggard adoption compared to others. Mandatory policy and financial subsidies could effectively boost the adoption rate, while technological progress and market demand accelerate the diffusion progress. The study provides useful insights into the practice and policy-making of green buildings within industrial clusters.

Improving the drinking water supply system in the capital of Tomia Timur Subdistrict, Tomia Island, Wakatobi Regency

This research aims to improve the Municipal Drinking Water Supply System (SPAM IKK) in East Tomia, Wakatobi Regency, using a combined method approach and involving 76 participants. The findings indicate that water services in East Tomia adhere to the 4K principles (Quantity, Quality, Continuity, and Accessibility), with an increase in water volume despite some distribution challenges. Water quality remains high due to regular testing, and continuous service is ensured through ongoing maintenance, making the service accessibility for the community. Strategic improvements over the next 5-10 years include the implementation of solar-powered pumps, expansion of storage infrastructure, and enhancement of the distribution system to improve efficiency and sustainability. Recommendations include infrastructure upgrades, adoption of green technology, consistent quality checks, and support from proactive local government policies.

Empirical Research on Factors Influencing Chinese Farmers’ Adoption of Green Production Technologies

During a critical period of structural reform in China’s agricultural supply chain, accelerating the promotion and application of green production technologies emerges as a pivotal strategy to ensure the quality and safety of agricultural products while advancing agricultural modernization. This study empirically examines the factors influencing farmers’ adoption of green production technologies using an ordered logistic model based on survey data collected from 533 respondents in Shandong Province. The survey targeted regions where major economic crops such as corn and soybeans are cultivated, employing simple random sampling to ensure the data’s representativeness and reliability. The findings underscore several critical factors influencing farmers’ willingness to adopt green production technologies, including the presence of quality inspections, evaluations of restrictions on prohibited pesticide use, sales performance of green products, availability of government subsidies, and traceability of agricultural products. To foster greater adoption of green production technologies and propel the transformation of China’s agriculture, it is recommended to advocate and guide green agricultural practices, enhance green agricultural subsidy policies, and strengthen agricultural product market management systems. These measures are essential for ensuring sustainable agricultural development in China.

Examining the influence of green transformation on corporate environmental and financial performance: Evidence from Chemical Industries of China

This study aims to investigate the impact of green transformation on the environmental and financial performance of 173 Chinese A-share listed chemical enterprises over the period 2012-2022. We employ fixed-effects model, and found the positive influence of green transformation on both environmental and financial performance. Furthermore, it explores the moderating role of corporate governance strength in enhancing the relationship between green transformation and financial and environmental performance metrics. Findings suggest that robust corporate governance further strengthens this positive nexus for both, but mainly moderates environmental performance. The study also delves into the heterogeneous effects of firm size and ownership, highlighting that larger and state-owned firms benefit more substantially from green transformation initiatives. These insights provide crucial implications for policymakers and managers aiming to optimize both financial and environmental outcomes through green transformation. The study recommends the adoption of green technologies and stronger corporate governance to facilitate a shift from a shareholder-centric to a stakeholder-inclusive perspective, ultimately fostering resource-efficient processes that contribute positively to environmental sustainability.

Challenges and Factors Influencing the Implementation of Green Logistics: A Case Study of Saudi Arabia

Logistics operations significantly depend on fossil fuels and non-renewable energy sources, posing challenges to environmental sustainability. Achieving a balance between environmental protection and economic efficiency is vital in logistics decision-making. The concept of green logistics aims to reduce environmental externalities by adopting sustainable practices. This research explores the adoption and utilization of green logistics technologies and information systems through a structural equation model, focusing on key factors such as environmental awareness, organizational culture, and financial considerations. The research methodology involved using a specially designed questionnaire to collect data, which was subsequently analyzed through various stages. The study selected Saudi Arabia as a case study due to its rapid development in the logistics sector and its significant CO2 emissions. Initially, a general quantitative descriptive analysis was performed on the collected responses. This was followed by more detailed analyses to uncover the finer nuances in stakeholders’ perspectives. Additionally, correlation analysis was conducted to identify significant associations between variables and to understand their potential interactions. The findings reveal high environmental awareness among stakeholders, a positive organizational culture conducive to sustainability practices, and a strong recognition of the benefits of green logistics technologies. However, there is room for improvement in technological readiness and a need for clearer government regulations and more robust policy support. Financial considerations are complex, with significant initial investments required and long-term financial benefits recognized.