Cargando…

The True Cost of Greenhouse Gas Emissions: Analysis of 1,000 Global Companies

This study elucidated the shadow price of greenhouse gas (GHG) emissions for 1,024 international companies worldwide that were surveyed from 15 industries in 37 major countries. Our results indicate that the shadow price of GHG at the firm level is much higher than indicated in previous studies. The...

Descripción completa

Detalles Bibliográficos
Autores principales: Ishinabe, Nagisa, Fujii, Hidemichi, Managi, Shunsuke
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2013
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3827104/
https://www.ncbi.nlm.nih.gov/pubmed/24265710
http://dx.doi.org/10.1371/journal.pone.0078703
_version_ 1782291005514448896
author Ishinabe, Nagisa
Fujii, Hidemichi
Managi, Shunsuke
author_facet Ishinabe, Nagisa
Fujii, Hidemichi
Managi, Shunsuke
author_sort Ishinabe, Nagisa
collection PubMed
description This study elucidated the shadow price of greenhouse gas (GHG) emissions for 1,024 international companies worldwide that were surveyed from 15 industries in 37 major countries. Our results indicate that the shadow price of GHG at the firm level is much higher than indicated in previous studies. The higher shadow price was found in this study as a result of the use of Scope 3 GHG emissions data. The results of this research indicate that a firm would carry a high cost of GHG emissions if Scope 3 GHG emissions were the focus of the discussion of corporate social responsibility. In addition, such shadow prices were determined to differ substantially among countries, among sectors, and within sectors. Although a number of studies have calculated the shadow price of GHG emissions, these studies have employed country-level or industry-level data or a small sample of firm-level data in one country. This new data from a worldwide firm analysis of the shadow price of GHG emissions can play an important role in developing climate policy and promoting sustainable development.
format Online
Article
Text
id pubmed-3827104
institution National Center for Biotechnology Information
language English
publishDate 2013
publisher Public Library of Science
record_format MEDLINE/PubMed
spelling pubmed-38271042013-11-21 The True Cost of Greenhouse Gas Emissions: Analysis of 1,000 Global Companies Ishinabe, Nagisa Fujii, Hidemichi Managi, Shunsuke PLoS One Research Article This study elucidated the shadow price of greenhouse gas (GHG) emissions for 1,024 international companies worldwide that were surveyed from 15 industries in 37 major countries. Our results indicate that the shadow price of GHG at the firm level is much higher than indicated in previous studies. The higher shadow price was found in this study as a result of the use of Scope 3 GHG emissions data. The results of this research indicate that a firm would carry a high cost of GHG emissions if Scope 3 GHG emissions were the focus of the discussion of corporate social responsibility. In addition, such shadow prices were determined to differ substantially among countries, among sectors, and within sectors. Although a number of studies have calculated the shadow price of GHG emissions, these studies have employed country-level or industry-level data or a small sample of firm-level data in one country. This new data from a worldwide firm analysis of the shadow price of GHG emissions can play an important role in developing climate policy and promoting sustainable development. Public Library of Science 2013-11-12 /pmc/articles/PMC3827104/ /pubmed/24265710 http://dx.doi.org/10.1371/journal.pone.0078703 Text en © 2013 Ishinabe et al http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are properly credited.
spellingShingle Research Article
Ishinabe, Nagisa
Fujii, Hidemichi
Managi, Shunsuke
The True Cost of Greenhouse Gas Emissions: Analysis of 1,000 Global Companies
title The True Cost of Greenhouse Gas Emissions: Analysis of 1,000 Global Companies
title_full The True Cost of Greenhouse Gas Emissions: Analysis of 1,000 Global Companies
title_fullStr The True Cost of Greenhouse Gas Emissions: Analysis of 1,000 Global Companies
title_full_unstemmed The True Cost of Greenhouse Gas Emissions: Analysis of 1,000 Global Companies
title_short The True Cost of Greenhouse Gas Emissions: Analysis of 1,000 Global Companies
title_sort true cost of greenhouse gas emissions: analysis of 1,000 global companies
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3827104/
https://www.ncbi.nlm.nih.gov/pubmed/24265710
http://dx.doi.org/10.1371/journal.pone.0078703
work_keys_str_mv AT ishinabenagisa thetruecostofgreenhousegasemissionsanalysisof1000globalcompanies
AT fujiihidemichi thetruecostofgreenhousegasemissionsanalysisof1000globalcompanies
AT managishunsuke thetruecostofgreenhousegasemissionsanalysisof1000globalcompanies
AT ishinabenagisa truecostofgreenhousegasemissionsanalysisof1000globalcompanies
AT fujiihidemichi truecostofgreenhousegasemissionsanalysisof1000globalcompanies
AT managishunsuke truecostofgreenhousegasemissionsanalysisof1000globalcompanies