Sustainable strategies in the luxury business to increase efficiency in reducing carbon footprint

This research aims to analyse whether a sustainable strategy brings efficiency to the luxury sector in the fight against carbon footprint. Such an aim has been approached by establishing a relationship between the actions implemented in the sector,the carbon footprint as measured by the Intergovernm...

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Detalles Bibliográficos
Autores: López, Belén, Rangel Pérez, Celia, Fernández, Manuel
Tipo de recurso: artículo
Fecha de publicación:2023
País:España
Institución:IE
Repositorio:Repositorio IE
OAI Identifier:oai:repositorio.ie.edu:20.500.14417/3148
Acceso en línea:https://doi.org/10.1016/j.jbusres.2022.113607
https://hdl.handle.net/20.500.14417/3148
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85145864332&doi=10.1016%2fj.jbusres.2022.113607&partnerID=40&md5=885aab60e36d2a26e99550ee9ae47cfe
Access Level:acceso abierto
Palabra clave:Climate change
CSR
Efficiency
Luxury brands
Strategy
Sustainability
63 Sociología::6311 Sociología de los asentamientos humanos::6311.02 Sociología ecológica
ODS 4 - Educación de calidad
ODS 2 - Hambre cero
ODS 15 - Vida de ecosistemas terrestres
ODS 12 - Producción y consumo responsables
ODS 13 - Acción por el clima
ODS 14 - Vida submarina
Descripción
Sumario:This research aims to analyse whether a sustainable strategy brings efficiency to the luxury sector in the fight against carbon footprint. Such an aim has been approached by establishing a relationship between the actions implemented in the sector,the carbon footprint as measured by the Intergovernmental Panel on Climate Change methodology,and the market share of the main market operators. The results reveal which actions tend to be efficient in terms of carbon footprint fight,which actions do not,and how concentration or dispersion of main operators has impacted the global carbon footprint in the sector. Consequently,this work explores specific actions that luxury companies take to be economically efficient in their business strategy and to protect the environment. Finally,companies must be efficient and sustainable to contribute to the United Nations’ Sustainable Development Goals outlined in the 2030 Agenda. © 2022 The Author(s)