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...

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Autores principales:	Nagisa Ishinabe, Hidemichi Fujii, Shunsuke Managi
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2013
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/2d783d5bb66c4bc19fb7baad1594a24b
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spelling	oai:doaj.org-article:2d783d5bb66c4bc19fb7baad1594a24b2021-11-18T08:47:11ZThe true cost of greenhouse gas emissions: analysis of 1,000 global companies.1932-620310.1371/journal.pone.0078703https://doaj.org/article/2d783d5bb66c4bc19fb7baad1594a24b2013-01-01T00:00:00Zhttps://www.ncbi.nlm.nih.gov/pmc/articles/pmid/24265710/?tool=EBIhttps://doaj.org/toc/1932-6203This 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.Nagisa IshinabeHidemichi FujiiShunsuke ManagiPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 8, Iss 11, p e78703 (2013)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Nagisa Ishinabe Hidemichi Fujii Shunsuke Managi The true cost of greenhouse gas emissions: analysis of 1,000 global companies.
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	article
author	Nagisa Ishinabe Hidemichi Fujii Shunsuke Managi
author_facet	Nagisa Ishinabe Hidemichi Fujii Shunsuke Managi
author_sort	Nagisa Ishinabe
title	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_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_sort	true cost of greenhouse gas emissions: analysis of 1,000 global companies.
publisher	Public Library of Science (PLoS)
publishDate	2013
url	https://doaj.org/article/2d783d5bb66c4bc19fb7baad1594a24b
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The true cost of greenhouse gas emissions: analysis of 1,000 global companies.

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