The relationship between eco-effectiveness and eco-efficiency: a firm level point of view
2013
Menoni, Marco (LUM University, Casamassima (Italy)) | Morgavi, Hermes (LUISS University, Rome (Italy))
Notwithstanding the important results obtained in terms of eco-efficiency, we are far from sustainability. Another important step is now needed and a new point of view. The new objective is now ecoeffectiveness. Using a factor analysis approach, this paper studies the approach of private firms toward ecoeffectiveness and the relationship between eco-efficiency and eco-effectiveness. The results of our analysis is that private firms tend to adopt three different approaches. Two of them are based on eco-inefficient production technologies while the third approach privileges investments in R&D and more efficient production technologies that produces less waste and less GHG emissions.
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