Corporate Transition Pathways in Europe: How Green Finance Investments Shape Environmental Sustainability
欧州における企業の移行経路：グリーンファイナンス投資が環境持続可能性をどのように形成するか (AI 翻訳)
Ma’idah Aminu, Mohamed A. Elbannan
🤖 gxceed AI 要約
日本語
本研究は、2013年から2023年にかけて欧州連合（EU）上場企業の再生可能エネルギー投資、持続可能な交通、エネルギー効率投資と環境持続可能性との関係を分析した。投資はCO2排出の緩やかな削減と関連するものの、短期的な環境効果は限定的であり、長期的な視点と戦略的計画の重要性を示唆している。
English
This study examines the relationship between corporate sustainability investments (renewable energy, sustainable transport, energy efficiency) and environmental sustainability among EU-listed firms from 2013 to 2023. It finds modest CO2 reductions with limited immediate impact, emphasizing the need for long-term planning and integration of sustainability into core business strategies.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
本論文はEUの規制枠組み（欧州グリーンディール、パリ協定）を背景としており、日本企業が国際的な移行経路を理解する上で参考となる。ただし、日本の政策や開示基準（SSBJ、有報）との直接的な連関は弱い。
In the global GX context
This paper is contextualized within EU regulatory frameworks (European Green Deal, Paris Agreement) and provides empirical evidence on the limited short-term impact of green investments. It contributes to the global discussion on transition finance and the need for long-term decarbonization strategies, relevant for ISSB and TCFD-aligned disclosure.
👥 読者別の含意
🔬研究者:Provides empirical evidence on the short-term vs. long-term effects of corporate sustainability investments, useful for academics studying transition finance.
🏢実務担当者:Corporate sustainability teams can use the findings to temper expectations around immediate emission reductions and emphasize strategic long-term planning.
🏛政策担当者:Policymakers can note the limited short-term impact of current green investments and consider targeted financial support for long-term decarbonization.
📄 Abstract（原文）
This study examines the relationship between corporate sustainability investments, including renewable energy investments (REI), sustainable transportation (ST), energy efficiency investments (EEI), and environmental sustainability (ES) among EU-listed firms from 2013 to 2023. The findings reveal that while these investments are associated with modest reductions in CO2 emissions, their immediate effects on environmental sustainability are limited. The study utilizes economic theory, particularly the cost-benefit analysis framework, to explain that sustainability investments are often driven by expected returns exceeding costs, but their benefits materialize over the long term. The legitimacy theory also informs the study, suggesting that firms engage in sustainability efforts not only to improve performance but also to align with social and regulatory expectations. GMM was employed to address endogeneity concerns, ensuring robust results. The study contributes to the literature by offering practical insights into how multi-faceted sustainability strategies, informed by EU regulatory frameworks like the European Green Deal and Paris Agreement, can drive long-term decarbonization, while emphasizing the need for targeted financial support, strategic long-term planning, and the integration of sustainability into core business strategies. It also highlights limitations such as the reliance on publicly available data and short-term analysis, and offers recommendations for future research and policy development in corporate sustainability.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.52589/ajafr-anvgfh5ofirst seen 2026-05-06 00:19:44
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。