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Title Financial And Competitive Implications Of The European Green Deal - Perceptions Of Retail Managers
ID_Doc 62882
Authors Baicu, CG; State, O; Gârdan, DA; Gârdan, IP; Ticau, IR
Title Financial And Competitive Implications Of The European Green Deal - Perceptions Of Retail Managers
Year 2022
Published Amfiteatru Economic, 24, 61
DOI 10.24818/EA/2022/61/683
Abstract Tackling climate change is one of the highest challenges which the world economy is currently facing. The European Green Deal, adopted in 2019, sets the European roadmap towards a net-zero greenhouse gas emissions economy. The food system is heavily responsible for greenhouse gas emissions and environmental degradation. Against this backdrop, the aim of the paper is to assess the way retail managers perceive the financial and competitive implications of the Green Deal in the activity of their companies. To achieve this goal, we have conducted qualitative research in the form of in-depth interviews in a sample of managers responsible for sustainability, quality or corporate social responsibility of important food retail companies in the Romanian market. The results of the research revealed different opinions and perceptions, but which converge to emphasize the importance of applying the principles underlying the Green Pact to gain competitive advantage and optimize costs, particularly, by developing solutions to reduce carbon emissions, use clean energy, reduce food waste and educate consumers towards sustainable consumption.
Author Keywords European Green Deal; greenhouse gas emissions; retail; food system; financial performance; competition
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000855161200007
WoS Category Business; Economics; Management
Research Area Business & Economics
PDF https://doi.org/10.24818/ea/2022/61/683
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