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Background. Laws that enable a circular economy (CE) are being enacted globally, but reliable standardized and digitized CE data about products is scarce, and many CE platforms have differing exclusive formats. In response to these challenges, the Ministry of The Economy of Luxembourg launched the Circularity Dataset Standardization Initiative to develop a globalized open-source industry standard to allow the exchange of standardized data throughout the supply cycle, based on these objectives: (a) Provide basic product circularity data about products. (b) Improve circularity data sharing efficiency. (c) Encourage improved product circularity performance. A policy objective was to have the International Organization for Standardization (ISO) voted to create a working group. Methods. A state-of-play analysis was performed concurrently with consultations with industry, auditors, data experts, and data aggregation platforms. Results. Problem statements were generated. Based on those, a solution called Product Circularity Data Sheet (PCDS) was formulated. A proof of concept (POC) template and guidance were developed and piloted with manufacturers and platforms, thus fulfilling objective (a). For objective (b), IT ecosystem requirements were developed, and aspects are being piloted in third party aggregation platforms. Objective (c) awaits implementation of the IT ecosystem. The policy objective related to the ISO was met. Conclusions and future research. In order to fully test the PCDS, it is necessary to: conduct more pilots, define governance, and establish auditing and authentication procedures.

This work aims at the economic evaluation of a semi-underground pumped hydro storage power plant erected in an abandoned open-pit mine. For the exploratory model-based analysis, we develop and apply both a simple deterministic and a stochastic net present value (NPV) approach, the latter of which uses a Monte Carlo simulation to account for revenue uncertainty from electricity price fluctuations. The analytical framework developed is applied to two promising sites in the Rheinland region in Germany, Hambach and Inden, making reasonable parameter value assumptions and considering and ignoring the lengthy duration of lower reservoir flooding. The investor’s value-at-risk is computed for alternative performance indicators (NPV, net cash recovery, profit-to-investment ratio, and specific production costs) to compare the different outcomes in terms of the project’s financial risk distribution. Calculations show that a semi-underground pumped hydro storage power plant in an abandoned open-pit mine can be constructed at reasonably low investment costs and operated at low specific production costs. However, because the investment has to be made long before the pit lake is (naturally) flooded—a process that for realistic flow rates may take up to 20 years—the project is highly uneconomical and would require substantial subsidies, as compared to a situation where flooding happens immediately.

Sustaining economic growth while reducing dependence on fossil fuels remains a challenge for our world to fight against climate change and therefore finding a way to promote economic growth and increase renewable energy use is needed. This paper uses a 22-year panel dataset (1994–2015) of 9 countries in the Association of Southeast Asian Nations provided by the World Bank World Development Indicators to examine the impact of medium- and high-tech export on renewable energy use. We employ a fixed-effects regression model with the Driscoll–Kraay nonparametric covariance matrix estimator to account for sectoral and temporal dependence. We also control for inflation, employment, population growth, and gross domestic product per capita in our estimations. Our results demonstrate a U-shaped association between medium- and high-tech export and renewable energy consumption of these economies. The results propose that enhancing medium- and high-tech export could be a feasible solution for promoting renewable energy consumption.

Despite recognizing that climate change and its impacts are not gender-neutral, only few studies address the arising complexities. While in some climate-relevant sectors, such as the transport sector, there already is some initial research on the relationship between climate and gender, research on the climate–gender nexus in the coal sector is still underdeveloped, and the few existing studies focus on dichotomous relations (gender–coal and coal–climate). This article discusses the currently neglected climate, coal, and gender triad and develops a conceptualization along the following aspects: (i) common lines of arguments, (ii) shortcomings in predominant arguments, and (iii) the state-of-the-art regarding the climate–gender–coal triad. To illustrate this outline, it uses the empirical case of the Colombian coal sector. Based on original data obtained via semi-structured interviews, it analyzes how imminent national-level climate policies for the coal sector, i.e., an energy transition, can be made gender-responsive and thus contribute to a just transition. The empirical example shows that women are already important change agents at the local level and in informal decision-making spaces. Although more research is needed to obtain further insights and evidence, this article contributes to the findings of more recent research which allow for the assumption that addressing climate and gender simultaneously may be mutually beneficial for both policy objectives.

Renewable energy technologies play a crucial role in solving global energy and environmental issues, and the pace of the energy transition directly depends on improving their efficiency. Presently, the development and implementation of renewable energy systems are ensured mainly through state funding, the possibilities of which are limited. The potential of attracting private investments depends directly on their impact on companies’ profitability indicators, and the uncertainty regarding the return on investments is one of the main barriers affecting investors’ decision-making. Based on a vector autoregressive model for analysing the stationary time series, the paper explores the impact of long-term investments and research and development costs in renewable energy technologies on the financial performance of ten of the largest companies operating in this field. The study’s results showed that investments and spending on research and development positively affect such companies’ profitability indicators as earnings before interest, taxes, depreciation and amortisation, earnings before interest and tax, net income, and return on investment. The obtained results can be used to substantiate the economic effectiveness of investments in developing and improving renewable energy technologies when forming the companies’ financial policies to support them.

Due to anticipated energy shortages and the need to achieve climate goals, there is an urgent requirement for transition towards a green, resilient system of energy provision. This transition is hampered because important players in energy markets (governments and oligopolies), while supporting large-scale solutions, avoid or block systemic changes. This rejection of systemic change is strengthened by the dominant social paradigm, which ignores systemic vulnerabilities, treating resources as solutions and the environment as a sink. In its turn, the dominant social paradigm is contested by the new ecological paradigm and by attitudes towards sustainable business practices. Understanding this framework may be relevant for identifying decision-makers’ perception of system risk, and thus for supporting a transition towards a more decentralized and resilient energy supply. In this context, this paper presents an empirical study among Polish students of a business university (N = 393), trying to discover the relationship between the social paradigms, perceptions of environmental resources and sinks, and systemic risk in large-scale energy production (i.e., nuclear power plants). Although the explained variance is limited, results show that various elements of the dominant social paradigm are related to problem denial. Technological optimism and belief in markets are predictors of optimism about resource shortages and neglect of system risk. This optimism is counteracted by political liberalism, and respondent attitudes towards sustainable business practices. Belief in market forces has an ambivalent effect, tempering technological optimism regarding nuclear energy but also political acknowledgement of the limited resources and sink capacities of the environment. Although the influence of the dominant social paradigm on energy transition can be identified, the results may indicate a decline in belief in market forces and liberal democracy, implying a rethinking of the dominant social paradigm may be needed. The existing relationship between these aspects warrants a critical review and discussion of the central role of the dominant paradigm in current management training. The results indicate that a lack of political liberalism and a negative attitude towards sustainable business practices amplify system risks in, e.g., large-scale nuclear energy projects.

Industrial processes are associated with high amounts of energy consumed and greenhouse gases emitted, stressing the urgent need for low-carbon sectoral transitions. This research reviews the energy-intensive iron and steel, cement and chemicals industries of Germany and the United Kingdom, two major emitting countries with significant activity, yet with different recent orientation. Our socio-technical analysis, based on the Sectoral Innovation Systems and the Systems Failure framework, aims to capture existing and potential drivers of or barriers to diffusion of sustainable industrial technologies and extract implications for policy. Results indicate that actor structures and inconsistent policies have limited low-carbon innovation. A critical factor for the successful decarbonisation of German industry lies in overcoming lobbying and resistance to technological innovation caused by strong networks. By contrast, a key to UK industrial decarbonisation is to drive innovation and investment in the context of an industry in decline and in light of Brexit-related uncertainty.