Advances in Management and Applied Economics

Bridging the Gap: Challenges and Strategies for Corporate Energy Conservation and Carbon Reduction

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• Abstract

   

  This study aims to investigate the challenges and dilemmas that enterprises face in pursuing energy conservation and carbon reduction. It emphasizes that while promoting carbon reduction not only helps protect the environment and enhances corporate image, but also leads to long-term operational cost savings, numerous hurdles still exist in practice. These challenges include technical constraints, high investment costs, and uncertainties surrounding policies and regulations. Current literature largely focuses on the impact of macro policies on corporate carbon reduction, often neglecting a micro-level analysis of firms' motivations and practices, especially among small and medium-sized enterprises and non-high-emission industries. This study systematically identifies the factors influencing corporate energy conservation and carbon reduction through comprehensive text and policy analysis. The findings suggest that policy formulation should take into account the varying sizes of enterprises, increase oversight of larger companies, offer targeted support for SMEs, and work to bridge the capacity gap among businesses. As countries actively implement emissions reduction policies, companies are becoming more aware of and responsive to the need for lowering carbon emissions; however, sustained efforts are essential to achieve long-term objectives. The study provides several suggestions for governments to develop differentiated policy measures, enhance corporate education and training initiatives, promote the adoption of new technologies, improve regulatory incentive mechanisms, and establish industry-specific emissions reduction roadmaps. At the enterprise level, it is crucial to integrate carbon reduction into long-term strategies and align it with the industry supply chain. Achieving the goal of net-zero carbon emissions will necessitate collaborative efforts from governments, businesses, and society as a whole.

   

  JEL classification numbers: H25, I115, J48.

  Keywords: Carbon Emissions, Energy Conservation, Carbon Dioxide, Greenhouse Gases.