Attitudes and Behaviors Regarding Environmental Protection in the Financial Decisions of Individual Consumers

Damian Walczak, Leszek Dziawgo, Danuta Dziawgo, Michał Buszko, Jarosław Pawłowski, Agnieszka Żołądkiewicz-Kuzioła and Dorota Krupa
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Damian Walczak: Department of Financial Management, Nicolaus Copernicus University in Torun, Gagarina 13A, 87-100 Toruń, Poland
Leszek Dziawgo: Department of Financial Management, Nicolaus Copernicus University in Torun, Gagarina 13A, 87-100 Toruń, Poland
Danuta Dziawgo: Department of Financial Accounting, Nicolaus Copernicus University in Torun, Gagarina 13A, 87-100 Toruń, Poland
Michał Buszko: Department of Financial Management, Nicolaus Copernicus University in Torun, Gagarina 13A, 87-100 Toruń, Poland
Jarosław Pawłowski: Department of Financial Management, Nicolaus Copernicus University in Torun, Gagarina 13A, 87-100 Toruń, Poland
Agnieszka Żołądkiewicz-Kuzioła: Department of Financial Management, Nicolaus Copernicus University in Torun, Gagarina 13A, 87-100 Toruń, Poland

Energies, 2021, vol. 14, issue 7, 1-13

Abstract: Insufficient environment protection may have serious ecological consequences, resulting in a number of problems in the modern world, many of which are a direct result of human behavior. Therefore, one needs to limit negative ecological effects by consciously shaping environment-related behaviors. The present paper analyzes the declared attitudes of individuals when it comes to taking into consideration pro-environmental factors, including energy, consumption, and waste. We have also studied the social awareness of the socially responsible investment idea, as well as pro-ecological individual behaviors related to private finance. Our survey study, conducted on a representative sample of 1030 Polish respondents, shows that participants’ individual features have little impact on pro-ecological decisions, and that declared pro-ecological attitudes are not reflected in actual behaviors. Polish consumers are still not active enough in making decisions concerning pro-ecological actions, first of all, in terms of energy and waste. As a result of the conducted research, we suggest increasing all activities in the field of environmental policy that could increase the participation of society in facilitating sustainable development.

Keywords: consumer behavior; environmental protection; financial decisions; sustainable finance behavior (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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