EconPapers    
Economics at your fingertips  
 

Role of sustainable management policy and carbon neutral processes in improving sustainable performance: Study of China's aluminium sector

Chengyi Liu, Luzi Zhang, Fan Wu and Ruoxuan Xia

Resources Policy, 2024, vol. 88, issue C

Abstract: Aluminium industry is considered as one of the leading natural resource industries. This industry provides one of the crucial inputs for technological development, including green energy technology which contributes almost 3% to global carbon emissions. This study explores the role of sustainable management policy, one of the significant stressors for carbon neutrality, on sustainable performance of firm in aluminium sector. This study also explores the role of energy related inflation in the association between sustainable management policy and sustainable performance. Further, we argue that sustainable management policy can help improve carbon neutrality of processes, which in turn, improves sustainable performance of firm. The focus of the study is China's aluminium sector. China is the world's leading aluminium producer, with around 59% share in global production in 2022. The data is taken from the aluminium sectors. Data was collected using a close ended questionnaire. We employed component based-SEM in two steps for analysis of modelled relationship. The empirical results highlight an instrumental role of sustainable management in adopting the sustainable performance in aluminium sector. Our results also show that sustainable management policy can reduce the process related carbon emissions, further leading to improve the sustainability of a firm. The empirical results also reveal a negative role of energy related inflation, in the association between sustainable management policy and sustainable development. It hampers the effect of sustainable management policy on sustainable performance.

Keywords: Aluminium industry; China; Sustainable management policy; Carbon neutral processes; Energy inflation (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420723010589
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723010589

DOI: 10.1016/j.resourpol.2023.104347

Access Statistics for this article

Resources Policy is currently edited by R. G. Eggert

More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu (repec@elsevier.com).

 
Page updated 2024-12-28
Handle: RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723010589