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Managerial Perceptions of a Low Carbon Economy: A Study


Affiliations
1 Head of the Department-MBA, Institute of Engineering & Management D1, Salt Lake Electronics Complex, Sector-V, Kolkata- 700 091, India
2 Head of the Department of Accountancy, Goenka College of Commerce and Business Administration, 210, B. B. Ganguly Street, Kollkata- 700 012, India
     

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In the wake of industrialization and continued growth of the world economy, a low carbon economy has emerged as the new paradigm to sustain growth. The Indian economy is developing rapidly; sustaining industrialization in India will demand a substantial shift in the role of companies towards the low carbon path. Presently, there is a need for urgent collective action to achieve a transition to a low carbon green and more resource efficient economy. The present study focused on enormous opportunities to invest in efficient, clean technologies, and resource efficient infrastructure, which could be inspiring and beneficial for the Indian companies in securing global solutions to reduce carbon footprints. Accordingly, the study analyzed how Indian companies are responding to environmental threats as well as the opportunities that lie ahead for low carbon green developments.

Keywords

Low Carbon Economy, Green Economy, Sustainability, GhSs, Carbon Disclosure Project (CDP), Climate Change, Clean Development Mechanism (CDM)

Q54, Q55, Q56

Paper Submission Date: December 16, 2013; Paper sent back for Revision: February 2, 2014 ; Paper Acceptance Date : June 26, 2014.

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  • Managerial Perceptions of a Low Carbon Economy: A Study

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Authors

Sujit Dutta
Head of the Department-MBA, Institute of Engineering & Management D1, Salt Lake Electronics Complex, Sector-V, Kolkata- 700 091, India
Sujit Kumar Roy
Head of the Department of Accountancy, Goenka College of Commerce and Business Administration, 210, B. B. Ganguly Street, Kollkata- 700 012, India

Abstract


In the wake of industrialization and continued growth of the world economy, a low carbon economy has emerged as the new paradigm to sustain growth. The Indian economy is developing rapidly; sustaining industrialization in India will demand a substantial shift in the role of companies towards the low carbon path. Presently, there is a need for urgent collective action to achieve a transition to a low carbon green and more resource efficient economy. The present study focused on enormous opportunities to invest in efficient, clean technologies, and resource efficient infrastructure, which could be inspiring and beneficial for the Indian companies in securing global solutions to reduce carbon footprints. Accordingly, the study analyzed how Indian companies are responding to environmental threats as well as the opportunities that lie ahead for low carbon green developments.

Keywords


Low Carbon Economy, Green Economy, Sustainability, GhSs, Carbon Disclosure Project (CDP), Climate Change, Clean Development Mechanism (CDM)

Q54, Q55, Q56

Paper Submission Date: December 16, 2013; Paper sent back for Revision: February 2, 2014 ; Paper Acceptance Date : June 26, 2014.




DOI: https://doi.org/10.17010/pijom%2F2014%2Fv7i8%2F59349