How a Low-Carbon Economy Affects Decision-Making and Profit Development in Large Corporations: Case Studies for Unilever and Maersk

DOI

10.2991/978-94-6463-052-7_138How to use a DOI?

Keywords

Low carbon economy; Unilever; Green innovation; Corporate return

Abstract

In the context of global warming, the “low-carbon economy” based on low energy usance and low pollution has become a global debating issue. Developed countries from Europe and the United States boost the “low-carbon revolution” in a vigorous manner with high energy efficiency and low emission as the core, focus on the development of “low-carbon technology”, and make major adjustments to industry, energy and other policies, technology and trade. As the country vigorously promotes a low-carbon economy, it will inevitably affect the financial market where large companies and even multinational companies are located. The existing academic literature is still lacking in research in this area. We aim to show how a low-carbon economy will affect the development of financial markets and large companies, whether it is a good idea to develop a low-carbon economy from the perspective of large companies, and to provide concrete low-carbon solutions for large companies. Here we select two representative companies: Unilever and Maersk for descriptive analysis and case analysis. We found that a low-carbon economy is positively correlated with the profits of large companies, that is, a low-carbon economy can indeed bring sustainable growth in profits for large companies. Our research can inform other businesses seeking to implement a low-carbon economy, while also helping governments formulate effective energy policy.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

TY  - CONF
AU  - Zhixian Su
AU  - Yitian Wang
AU  - Xinyi Zhao
PY  - 2022
DA  - 2022/12/27
TI  - How a Low-Carbon Economy Affects Decision-Making and Profit Development in Large Corporations: Case Studies for Unilever and Maersk
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 1243
EP  - 1249
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_138
DO  - 10.2991/978-94-6463-052-7_138
ID  - Su2022
ER  -