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Climate Transition Challenges: Exploring Credit Portfolio Misalignment in European Banks

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT This paper examines the underlying factors contributing to the misalignment of banks' credit portfolios with European environmental objectives. Drawing on panel data on green lending from 2015 to 2023, the empirical analysis reveals that such misalignment is primarily influenced by the country and sector in which the financed firms operate ...
Lorenzo Fichera   +2 more
wiley   +1 more source

How Circular Economy Innovation Can Backfire on the Environment: Quantifying the Rebound Effect of the Textiles and Clothing Sector

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT Circular economy (CE) is championed as a sustainability solution, promoting reuse, recycling and resource efficiency to reduce environmental harm. However, CE innovations can trigger a rebound effect (RE), where lower costs stimulate higher consumption and production, paradoxically negating sustainability gains.
Erez Yerushalmi, Krishnendu Saha
wiley   +1 more source

The Importance of the Eco‐Innovation, Knowledge Network and the Geographical Dimension in the Adoption of Circular Economy Business Models

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT Adopting circular economy (CE) business models is strategically complex due to the diversity and complementarity of CE practices across the value chain. This study examines how eco‐innovation, open innovation and geographical proximity condition the adoption of four CE practices—eco‐design, circular inputs, life cycle assessment (LCA) and end ...
Ángela Triguero   +2 more
wiley   +1 more source

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