Financial and Competitive Implications of the European Green Deal – Perceptions of Retail Managers
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 en...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Editura ASE
2022-08-01
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| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | https://www.amfiteatrueconomic.ro/temp/Article_3137.pdf |
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| Summary: | 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.
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| ISSN: | 1582-9146 2247-9104 |