Social Innovation, Circularity and Energy Transition for Environmental, Social and Governance (ESG) Practices—A Comprehensive Review

Catalin Popescu, Eglantina Hysa, Alba Kruja and Egla Mansi
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Egla Mansi: Department of Business Administration, Epoka University, 1000 Tirana, Albania

Energies, 2022, vol. 15, issue 23, 1-28

Abstract: It has been extensively debated how social innovation, circularity, and energy transition may all be considered environmental, social, and governance (ESG) components from a sustainability perspective. To comprehend the conceptual development of this subject in the academic literature, few studies, however, tackle the problems above by reviewing earlier research on the subject. By developing the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) technique, this study aims to address the current and anticipated advancements in social innovation, energy transition, and circularity. As a result, we create two metasynthesis analyses related to “social innovation–energy transition” and “social innovation–circularity.” In the first analysis, the three databases Web of Science, Scopus, and JSTOR had a total of 1767 studies and reports, and in the second analysis, we reviewed the work from a total of 466 studies and reports. We emphasize that implementing environmental, social, and governance (ESG) practices require social innovation, circularity, and energy transition. The study’s key contributions are the five cluster themes classification for the two metasynthesis analyses, which point to potential future directions for both firms and governments to pursue some macro-level goals concerning energy transition and circularity through social innovation.

Keywords: energy transition; social innovation; ESG; circularity; business models; climate change; PRISMA approach (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: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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