Next Article in Journal
Aligning Urban Policy with Climate Action in the Global South: Are Brazilian Cities Considering Climate Emergency in Local Planning Practice?
Previous Article in Journal
A Study on the Heating Method and Implementation of a Shrink-Fit Tool Holder
Previous Article in Special Issue
Sustainable Economic Development and Greenhouse Gas Emissions: The Dynamic Impact of Renewable Energy Consumption, GDP, and Corruption
Open AccessArticle

Comparative Review of Corporate Social Responsibility of Energy Utilities and Sustainable Energy Development Trends in the Baltic States

1
Department of Business Administration, School of Economics and Management, Taiyuan University of Science and Technology, Taiyuan 030024, China
2
Research Center for Corporate Social Responsibility, Taiyuan University of Science and Technology, Taiyuan 030024, China
3
Department of Trade and Finance, Faculty of Economics and Management, Czech University of Life Sciences Prague, 16500 Praha-Suchdol, The Czech Republic
4
Lithuanian Institute of Agrarian Economics, 03105 Vilnius, Lithuania
*
Authors to whom correspondence should be addressed.
Energies 2019, 12(18), 3417; https://doi.org/10.3390/en12183417
Received: 12 August 2019 / Revised: 30 August 2019 / Accepted: 2 September 2019 / Published: 4 September 2019
(This article belongs to the Special Issue Sustainable Energy Reviews)
This paper aims at developing the theoretical framework for linking the CSR of energy utilities with sustainable energy development achievements and at applying this framework in selected countries. The main issues of CSR relevant to the energy sector are discussed, and a comparative analysis of CSR reports of energy utilities and sustainable energy development trends in the Baltic States (Lithuania, Latvia, and Estonia) is performed based on the developed framework. There are three main interlinked sustainable energy development targets: increase in energy efficiency, the use of renewable energy sources, and GHG emission reduction. The significance of CSR in the energy sector is underlined based on the literature review, and the state policies to promote CSR in the energy sector are discussed and critically assessed based on the case studies of three Baltic States. The CSR practices of energy utilities of the Baltic States were assessed and compared with sustainable energy development achievements in these countries, based on the analysis of sustainable energy development trends. Estonia achieved the best results in approaching all sustainable energy development targets and was ranked with the highest scores in CSR ranking among the Baltic States, followed by Lithuania. The results of the case studies demonstrate that the Baltic countries have achieved different results in sustainable energy development progress, and the role of energy utilities and their corporate sustainability practices may have huge impacts on the achievement of sustainable energy development targets. View Full-Text
Keywords: corporate social responsibility; energy utilities; sustainable energy development indicators; corporate social responsibility reports; Baltic States corporate social responsibility; energy utilities; sustainable energy development indicators; corporate social responsibility reports; Baltic States
Show Figures

Figure 1

MDPI and ACS Style

Lu, J.; Ren, L.; Yao, S.; Qiao, J.; Strielkowski, W.; Streimikis, J. Comparative Review of Corporate Social Responsibility of Energy Utilities and Sustainable Energy Development Trends in the Baltic States. Energies 2019, 12, 3417.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map

1
Back to TopTop