Sustainability in Energy Business and Finance: Approaches and Developments in the Energy Market

This edited volume explores sustainability issues in the energy business and finance, highlighting renewable business projects and strategies. It compares and contrasts different sustainability perspectives to develop effective business strategies, with a focus on efficient market conditions for the energy industry.

Format: Hardback
Length: 216 pages
Publication date: 21 February 2022
Publisher: Springer Nature Switzerland AG

This edited volume aims to pinpoint the sustainability challenges currently impacting the energy business and finance. To achieve this, a wide range of perspectives on sustainability issues within the energy business and finance are considered within the context of renewable business projects. Consequently, several innovative strategies from the energy business and finance are showcased regarding sustainable organizational factors, technological infrastructure, financial facilities, economic development, and investment potential. By comparing and contrasting different sustainability perspectives, it becomes possible to develop the most appropriate and successful business strategies for the sustainable energy business and finance. This book offers comprehensive multidimensional analyses of sustainability issues concerning renewable energy projects, identifying the most promising strategies and efficient market conditions for the energy business.

Introduction:
The energy industry is undergoing a significant transformation, driven by the need to address climate change and transition towards a more sustainable future. The financial sector, as a key player in the energy sector, plays a crucial role in supporting these efforts. However, the sustainability challenges faced by the energy business and finance are complex and multifaceted, requiring a comprehensive approach.

Sustainability Issues in the Energy Business:
The energy business is characterized by its high environmental impact, including greenhouse gas emissions, air pollution, and water pollution. These impacts have significant consequences for human health, the environment, and the economy. To address these challenges, the energy business needs to adopt sustainable practices, such as renewable energy generation, energy efficiency improvements, and waste reduction.

However, the adoption of sustainable practices can be challenging for the energy business due to various factors, such as regulatory barriers, financial constraints, and technological limitations. Additionally, the energy business is often characterized by a high level of competition, which can make it difficult to differentiate itself and attract investment.

Sustainability Issues in Finance:
The financial sector, on the other hand, plays a critical role in supporting the sustainability efforts of the energy business. Financial institutions can provide funding for renewable energy projects, promote sustainable investment practices, and provide financial advice to energy companies. However, the financial sector is also facing sustainability challenges, such as the impact of climate change on financial stability, the risk of greenwashing, and the need to align financial incentives with sustainability goals.

To address these challenges, the financial sector needs to adopt sustainable practices, such as sustainable lending, green investment, and disclosure of environmental, social, and governance (ESG) information. Additionally, the financial sector needs to work closely with the energy business to develop innovative solutions that support sustainability goals, such as carbon pricing mechanisms and renewable energy subsidies.

Conclusion:
In conclusion, the sustainability challenges facing the energy business and finance are complex and multifaceted. However, by adopting sustainable practices and collaborating closely, the energy business and finance can play a critical role in addressing these challenges and creating a more sustainable future. The insights and strategies presented in this edited volume can help to inform and guide the development of effective business strategies for the sustainable energy business and finance.

Weight: 506g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030940508
Edition number: 1st ed. 2022