Sustainable management in companies and green transition consequences based on the Polish energy sector in 2014-2024
Sustainable management in the Polish energy sector in 2014–2024 plays a key role in the transformation process towards the development of green energy. The paper includes a study of the five largest companies in the energy sector in Poland – Enea, Energa, PGE, PGNiG and Tauron – using the Fama-Fren...
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| Format: | Article |
| Language: | English |
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University of Applied Sciences in Bielsko-Biała
2024-12-01
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| Series: | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
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| Online Access: | https://asej.eu/index.php/asej/article/view/824 |
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| _version_ | 1832590477477543936 |
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| author | Joanna Toborek- Mazur Karol Partacz |
| author_facet | Joanna Toborek- Mazur Karol Partacz |
| author_sort | Joanna Toborek- Mazur |
| collection | DOAJ |
| description |
Sustainable management in the Polish energy sector in 2014–2024 plays a key role in the transformation process towards the development of green energy. The paper includes a study of the five largest companies in the energy sector in Poland – Enea, Energa, PGE, PGNiG and Tauron – using the Fama-French model to assess the relationship between the excess company rates of return and the excess market rate of return. The results indicate a varied impact of sustainable activities on the financial results and investment risk of companies. The energy transformation in Poland, based on the increase in the share of renewable energy sources is not only an operational challenge, but also an opportunity for long-term development and ESG improvement. The research has shown that the positive consequences of implementing green energy include a reduction in CO₂ emissions and access to new investment funds, while the negative aspects result from the increasing costs of transformation and regulatory pressure. The final conclusions underline the need to implement comprehensive sustainability management strategies to balance the risks and benefits of the green transformation in a dynamically changing market environment.
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| format | Article |
| id | doaj-art-7e3b30c5388141138fbb7e73153d42f1 |
| institution | Kabale University |
| issn | 2543-9103 2543-411X |
| language | English |
| publishDate | 2024-12-01 |
| publisher | University of Applied Sciences in Bielsko-Biała |
| record_format | Article |
| series | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
| spelling | doaj-art-7e3b30c5388141138fbb7e73153d42f12025-01-23T16:07:38ZengUniversity of Applied Sciences in Bielsko-BiałaZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej2543-91032543-411X2024-12-0128410.19192/wsfip.sj4.2024.11Sustainable management in companies and green transition consequences based on the Polish energy sector in 2014-2024Joanna Toborek- MazurKarol Partacz0Uniwersytet Ekonomiczny w Krakowie Sustainable management in the Polish energy sector in 2014–2024 plays a key role in the transformation process towards the development of green energy. The paper includes a study of the five largest companies in the energy sector in Poland – Enea, Energa, PGE, PGNiG and Tauron – using the Fama-French model to assess the relationship between the excess company rates of return and the excess market rate of return. The results indicate a varied impact of sustainable activities on the financial results and investment risk of companies. The energy transformation in Poland, based on the increase in the share of renewable energy sources is not only an operational challenge, but also an opportunity for long-term development and ESG improvement. The research has shown that the positive consequences of implementing green energy include a reduction in CO₂ emissions and access to new investment funds, while the negative aspects result from the increasing costs of transformation and regulatory pressure. The final conclusions underline the need to implement comprehensive sustainability management strategies to balance the risks and benefits of the green transformation in a dynamically changing market environment. https://asej.eu/index.php/asej/article/view/824sustainable managementgreen transitionenergy securityESGFama-French model |
| spellingShingle | Joanna Toborek- Mazur Karol Partacz Sustainable management in companies and green transition consequences based on the Polish energy sector in 2014-2024 Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej sustainable management green transition energy security ESG Fama-French model |
| title | Sustainable management in companies and green transition consequences based on the Polish energy sector in 2014-2024 |
| title_full | Sustainable management in companies and green transition consequences based on the Polish energy sector in 2014-2024 |
| title_fullStr | Sustainable management in companies and green transition consequences based on the Polish energy sector in 2014-2024 |
| title_full_unstemmed | Sustainable management in companies and green transition consequences based on the Polish energy sector in 2014-2024 |
| title_short | Sustainable management in companies and green transition consequences based on the Polish energy sector in 2014-2024 |
| title_sort | sustainable management in companies and green transition consequences based on the polish energy sector in 2014 2024 |
| topic | sustainable management green transition energy security ESG Fama-French model |
| url | https://asej.eu/index.php/asej/article/view/824 |
| work_keys_str_mv | AT joannatoborekmazur sustainablemanagementincompaniesandgreentransitionconsequencesbasedonthepolishenergysectorin20142024 AT karolpartacz sustainablemanagementincompaniesandgreentransitionconsequencesbasedonthepolishenergysectorin20142024 |