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A strategic sustainability model for global luxury companies in the management of CO2 emissions

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dc.contributor.authorRangel Pérez, Celia
dc.contributor.authorLópez, Belén
dc.contributor.authorFernández, Manuel
dc.contributor.rorhttps://ror.org/02jjdwm75
dc.date.accessioned2024-07-08T13:15:01Z
dc.date.accessioned2024-09-16T11:20:41Z
dc.date.available2024-07-08T13:15:01Z
dc.date.available2024-09-16T11:20:41Z
dc.date.issued2024
dc.description.abstractLuxury brands are at the forefront of sustainability efforts and carbon emission reductions to fight climate change. The goal of this paper is to analyze such climate change challenges in terms of cost efforts within large luxury conglomerates. In doing so,financial metrics have been gathered for the top 100 companies in the luxury sector and compared against CO2 emissions metrics with regressive methods. This enables the study of relationships between sustainability and finance to explore if sustainability is expensive and if sustainability is explained by costs,sales,taxes,or investment. Such works allow the setting of conclusions on financial and managerial decisions and,moreover,set a new framework of analysis based on financial variables and the positive or negative impact on CO2 emissions,such as which financial variables generate more CO2 emissions (luxury sales,capital investment and financial cost) and which help to reduce such emissions (cost of goods sold,general expenses and taxes). © The Author(s) 2024.
dc.description.keywordCO2 emissions
dc.description.keywordCost analysis
dc.description.keywordCSR
dc.description.keywordLuxury brands
dc.description.keywordStrategy
dc.description.keywordSustainability
dc.formatapplication/pdf
dc.identifier.citationRangel Pérez, C., López, B., & Fernández, M. (2024). A strategic sustainability model for global luxury companies in the management of CO2 emissions. International Entrepreneurship and Management Journal, 1-19.
dc.identifier.doihttps://doi.org/10.1007/s11365-024-00944-y
dc.identifier.issn15547191
dc.identifier.officialurlhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85186219587&doi=10.1007%2fs11365-024-00944-y&partnerID=40&md5=df798df9301436a4cb8987e6b4edb55c
dc.identifier.urihttps://hdl.handle.net/20.500.14417/3280
dc.journal.titleInternational Entrepreneurship and Management Journal
dc.language.isoeng
dc.page.total0
dc.publisherSpringer
dc.relation.departmentFinance
dc.relation.entityIE University
dc.relation.schoolIE Business School
dc.rightsAttribution 4,0 International
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.titleA strategic sustainability model for global luxury companies in the management of CO2 emissions
dc.typeinfo:eu-repo/semantics/article
dc.version.typeinfo:eu-repo/semantics/publishedVersion
dspace.entity.typePublication
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