Decarbonizing German Family Firms

In this Open Access Publication, we present four chapters that provide a holistic view of the critical steps in a family firm’s decarbonization journey. Achieving the EU's climate targets relies heavily on German family firms, given their pivotal role in the economy and substantial greenhouse gas (G...

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Aineistotyyppi: Online
Kieli:englanti
Julkaistu: Springer Nature 2025
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Linkit:ONIX_20250613T105552_9783658478018_29
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collection Directory of Open Access Books
description In this Open Access Publication, we present four chapters that provide a holistic view of the critical steps in a family firm’s decarbonization journey. Achieving the EU's climate targets relies heavily on German family firms, given their pivotal role in the economy and substantial greenhouse gas (GHG) emissions. First, we explore the measurement and accounting mechanisms of GHG emissions, leveraging data from German family firms across various industries. Second, we examine the management of goal tensions between environmental and economic objectives, focusing on how family firms can derive value from their emissions data. Third, with the upcoming Corporate Sustainability Reporting Directive (CSRD) and the importance of communicating decarbonization efforts to stakeholders, we analyze the implications of this reporting mandate for family firms. Fourth, given the high investment demands of decarbonization measures, profitability remains a critical concern. Therefore, we also delve into the relationship between corporate environmental performance and corporate financial performance, highlighting the intersection of sustainability and long-term financial viability.
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spelling doab-20.500.12854ir-1613462025-06-14T05:04:25Z Decarbonizing German Family Firms Friedl, Gunther family-owned companies decarbonization family firm global warming transformation of business models sustainable business decisions reduction of greenhouse gas emission carbon emission management thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJC Business strategy thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFC Accounting In this Open Access Publication, we present four chapters that provide a holistic view of the critical steps in a family firm’s decarbonization journey. Achieving the EU's climate targets relies heavily on German family firms, given their pivotal role in the economy and substantial greenhouse gas (GHG) emissions. First, we explore the measurement and accounting mechanisms of GHG emissions, leveraging data from German family firms across various industries. Second, we examine the management of goal tensions between environmental and economic objectives, focusing on how family firms can derive value from their emissions data. Third, with the upcoming Corporate Sustainability Reporting Directive (CSRD) and the importance of communicating decarbonization efforts to stakeholders, we analyze the implications of this reporting mandate for family firms. Fourth, given the high investment demands of decarbonization measures, profitability remains a critical concern. Therefore, we also delve into the relationship between corporate environmental performance and corporate financial performance, highlighting the intersection of sustainability and long-term financial viability. 2025-06-14T05:04:24Z 2025-06-14T05:04:24Z 2025-06-13T09:20:46Z 2025 book ONIX_20250613T105552_9783658478018_29 https://library.oapen.org/handle/20.500.12657/103581 9783658478018 9783658478001 https://directory.doabooks.org/handle/20.500.12854/161346 eng Familienunternehmen und KMU open access image/jpeg n/a https://library.oapen.org/bitstream/20.500.12657/103581/1/9783658478018.pdf Springer Nature Springer Fachmedien Wiesbaden 10.1007/978-3-658-47801-8 10.1007/978-3-658-47801-8 9fa3421d-f917-4153-b9ab-fc337c396b5a 1b330ed9-b149-48a1-9187-55c08a28c7b8 9783658478018 9783658478001 Springer Fachmedien Wiesbaden 235 Wiesbaden [...] open access
spellingShingle family-owned companies
decarbonization
family firm
global warming
transformation of business models
sustainable business decisions
reduction of greenhouse gas emission
carbon emission management
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJC Business strategy
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFC Accounting
Decarbonizing German Family Firms
title Decarbonizing German Family Firms
title_full Decarbonizing German Family Firms
title_fullStr Decarbonizing German Family Firms
title_full_unstemmed Decarbonizing German Family Firms
title_short Decarbonizing German Family Firms
title_sort decarbonizing german family firms
topic family-owned companies
decarbonization
family firm
global warming
transformation of business models
sustainable business decisions
reduction of greenhouse gas emission
carbon emission management
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJC Business strategy
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFC Accounting
topic_facet family-owned companies
decarbonization
family firm
global warming
transformation of business models
sustainable business decisions
reduction of greenhouse gas emission
carbon emission management
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJC Business strategy
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFC Accounting
url ONIX_20250613T105552_9783658478018_29