Net-zero emission targets and the role of managerial environmental awareness,customer pressure,and regulatory control toward environmental performance |
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Authors: | Hashim Zameer Ying Wang Muhammad Rashid Saeed |
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Affiliation: | 1. College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, China;2. School of Business, Ehrenberg-Bass Institute for Marketing Science, University of South Australia, Adelaide, Australia Department of Business Administration, Bahauddin Zakariya University, Sub-Campus Layyah, Layyah, Pakistan |
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Abstract: | To avoid the worst effects of global warming, countries agreed to limit warming below 2.0°C and ideally to 1.5°C preindustrial level. This requires countries to drop half of their greenhouse gas emission by 2030 and reach net-zero emission by 2050. In this regard, current study explores the role of green production as a mediator in the impact of managerial environmental awareness, customer pressure, and regulatory control on environmental performance. The data collected from 381 managers was analyzed using structural equation modeling (SEM) technique. Results indicate that customer pressure, regulatory control, and managerial environmental awareness play a pivotal role toward green production, whereas only managerial environmental awareness among them directly influences environmental performance. Green production fully mediates the relationship from customer pressure and regulatory control to environmental performance. However, it partially mediates the relation between managerial environmental awareness and environmental performance. Similarly, the importance of green production for environmental performance is highlighted. |
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Keywords: | business strategy environmental performance green production stakeholders |
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