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: Claudia Gabriela Baicu, Olimpia State, Daniel Adrian Gârdan, Iuliana Petronela Gârdan, Iulia Ruxandra Țicău
Format: Article
Language:English
Published: Editura ASE 2022-08-01
Series:Amfiteatru Economic
Subjects:
Online Access:https://www.amfiteatrueconomic.ro/temp/Article_3137.pdf
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author Claudia Gabriela Baicu
Olimpia State
Daniel Adrian Gârdan
Iuliana Petronela Gârdan
Iulia Ruxandra Țicău
author_facet Claudia Gabriela Baicu
Olimpia State
Daniel Adrian Gârdan
Iuliana Petronela Gârdan
Iulia Ruxandra Țicău
author_sort Claudia Gabriela Baicu
collection DOAJ
description 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.
format Article
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publishDate 2022-08-01
publisher Editura ASE
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series Amfiteatru Economic
spelling doaj-art-aaa6e8a71d9148aa89131d8bdd863fe12025-08-20T02:20:52ZengEditura ASEAmfiteatru Economic1582-91462247-91042022-08-01246168370010.24818/EA/2022/61/683 Financial and Competitive Implications of the European Green Deal – Perceptions of Retail ManagersClaudia Gabriela Baicu0https://orcid.org/0000-0002-1423-6108Olimpia State1https://orcid.org/0000-0002-9737-867XDaniel Adrian Gârdan2https://orcid.org/0000-0003-2569-6801Iuliana Petronela Gârdan 3https://orcid.org/0000-0003-2757-1308Iulia Ruxandra Țicău4https://orcid.org/0000-0002-4349-7462Institute for World Economy, Romanian Academy, Bucharest, RomaniaBucharest University of Economic Studies, Bucharest, RomaniaSpiru Haret University, Bucharest, RomaniaSpiru Haret University, Bucharest, RomaniaBucharest University of Economic Studies, Bucharest, RomaniaTackling 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. https://www.amfiteatrueconomic.ro/temp/Article_3137.pdf: european green dealgreenhouse gas emissionsretailfood systemfinancial performancecompetition
spellingShingle Claudia Gabriela Baicu
Olimpia State
Daniel Adrian Gârdan
Iuliana Petronela Gârdan
Iulia Ruxandra Țicău
Financial and Competitive Implications of the European Green Deal – Perceptions of Retail Managers
Amfiteatru Economic
: european green deal
greenhouse gas emissions
retail
food system
financial performance
competition
title Financial and Competitive Implications of the European Green Deal – Perceptions of Retail Managers
title_full Financial and Competitive Implications of the European Green Deal – Perceptions of Retail Managers
title_fullStr Financial and Competitive Implications of the European Green Deal – Perceptions of Retail Managers
title_full_unstemmed Financial and Competitive Implications of the European Green Deal – Perceptions of Retail Managers
title_short Financial and Competitive Implications of the European Green Deal – Perceptions of Retail Managers
title_sort financial and competitive implications of the european green deal perceptions of retail managers
topic : european green deal
greenhouse gas emissions
retail
food system
financial performance
competition
url https://www.amfiteatrueconomic.ro/temp/Article_3137.pdf
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AT iulianapetronelagardan financialandcompetitiveimplicationsoftheeuropeangreendealperceptionsofretailmanagers
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