IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2022-06-23.html
   My bibliography  Save this article

Eco-Efficiency and Energy Audit to Improve Environmental Performance: An Empirical Study of Hotels in Bali-Indonesia

Author

Listed:
  • Komang Adi Kurniawan Saputra

    (Faculty of Economics and Business, University of Warmadewa, PhD Student University of Brawijaya, Indonesia,)

  • Bambang Subroto

    (Faculty of Economics and Business, University of Brawijaya, Indonesia.)

  • Aulia Fuad Rahman

    (Faculty of Economics and Business, University of Brawijaya, Indonesia.)

  • Erwin Saraswati

    (Faculty of Economics and Business, University of Brawijaya, Indonesia.)

Abstract

This paper examines a conceptual framework that describes the relationship between energy eco-efficiency, energy audit and environmental performance. In this paper, the authors argue that eco-efficiency and energy audits can directly affect environmental performance. This paper examines responses to a survey of general managers in hotel companies registered with the Indonesian Central Bureau of Statistics. The time horizon of data collection is cross-sectional. The hypothesis was tested using a multiple linear regression analysis approach by interpreting the regression model through the value of the significant coefficient to see the partial effect. In general, the proposed framework obtains adequate fit statistics. Furthermore, the results support the argument that eco-efficiency and energy audits positively and significantly affect the company's environmental performance. A limitation of this study relates to the small sample size, as environmental results and energy use are still considered confidential by many hotel companies. A causal relationship could not be confirmed for the results. The instrument used was fully adopted from previous research without unidimensional retesting. This study contributes to the literature-based view of natural resource energy conservation by responding to recent calls to examine energy conservation efforts on environmental performance. These results can be a special reference for policy-making in companies to improve their environmental performance continuously. This study also has important implications for energy conservation practices by describing the potential for energy savings through eco-efficiency and energy audits to improve environmental performance. These results indicate that energy conservation with improved environmental management accounting mechanisms in Indonesia seems to require more pressure as mandated by the government.

Suggested Citation

  • Komang Adi Kurniawan Saputra & Bambang Subroto & Aulia Fuad Rahman & Erwin Saraswati, 2022. "Eco-Efficiency and Energy Audit to Improve Environmental Performance: An Empirical Study of Hotels in Bali-Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(6), pages 175-182, November.
    • Handle: RePEc:eco:journ2:2022-06-23
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/13565/7010
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/13565
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. M. Gollagher & J. Sarkis & Bruce Clemens & Lynn Bakstran, 2010. "A framework of theoretical lenses and strategic purposes to describe relationships among firm environmental strategy, financial performance, and environmental performance," Management Research Review, Emerald Group Publishing Limited, vol. 33(4), pages 393-405, March.
    2. Gössling, Stefan & Peeters, Paul & Ceron, Jean-Paul & Dubois, Ghislain & Patterson, Trista & Richardson, Robert B., 2005. "The eco-efficiency of tourism," Ecological Economics, Elsevier, vol. 54(4), pages 417-434, September.
    3. Zanardo, Rafael Petri & Siluk, Julio Cezar Mairesse & de Souza Savian, Fernando & Schneider, Paulo Smith, 2018. "Energy audit model based on a performance evaluation system," Energy, Elsevier, vol. 154(C), pages 544-552.
    4. Khemiri, Abdelhak & Hassairi, Mohamed, 2005. "Development of energy efficiency improvement in the Tunisian hotel sector: a case study," Renewable Energy, Elsevier, vol. 30(6), pages 903-911.
    5. Yang Li & An-Chi Liu & Yi-Ying Yu & Yueru Zhang & Yiting Zhan & Wen-Cheng Lin, 2022. "Bootstrapped DEA and Clustering Analysis of Eco-Efficiency in China’s Hotel Industry," Sustainability, MDPI, vol. 14(5), pages 1-16, March.
    6. Bruce Clemens & Lynn Bakstran, 2010. "A framework of theoretical lenses and strategic purposes to describe relationships among firm environmental strategy, financial performance, and environmental performance," Management Research Review, Emerald Group Publishing Limited, vol. 33(4), pages 393-405, March.
    7. Komang Adi Kurniawan Saputra & Daniel T. H. Manurung & Lia Rachmawati & Eka Siskawati & Franklin Kharisma Genta, 2021. "Combining the Concept of Green Accounting with the Regulation of Prohibition of Disposable Plastic Use," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 84-90.
    8. Hirst, Eric & Berry, Linda & Soderstrom, Jon, 1981. "Review of utility home energy audit programs," Energy, Elsevier, vol. 6(7), pages 621-630.
    9. Fleiter, Tobias & Schleich, Joachim & Ravivanpong, Ployplearn, 2012. "Adoption of energy-efficiency measures in SMEs—An empirical analysis based on energy audit data from Germany," Energy Policy, Elsevier, vol. 51(C), pages 863-875.
    10. repec:eme:aaaj00:09513571011080180 is not listed on IDEAS
    11. Xiaoping Qiu & Yiping Fang & Xueting Yang & Fubiao Zhu, 2017. "Tourism Eco-Efficiency Measurement, Characteristics, and Its Influence Factors in China," Sustainability, MDPI, vol. 9(9), pages 1-19, September.
    12. Tobias Fleitera & Joachim Schleich & Ployplearn Ravivanpong, 2012. "Adoption of energy-efficiency measures in SMEs - An empirical analysis based on energy audit data," Grenoble Ecole de Management (Post-Print) hal-00805748, HAL.
    13. Jones, Michael John, 2010. "Accounting for the environment: Towards a theoretical perspective for environmental accounting and reporting," Accounting forum, Elsevier, vol. 34(2), pages 123-138.
    14. Aldónio Ferreira & Carly Moulang & Bayu Hendro, 2010. "Environmental management accounting and innovation: an exploratory analysis," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 23(7), pages 920-948, September.
    15. Backlund, Sandra & Thollander, Patrik, 2015. "Impact after three years of the Swedish energy audit program," Energy, Elsevier, vol. 82(C), pages 54-60.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Krutwig Michael C. & Tanțău Adrian, 2018. "Obligatory versus voluntary energy audits: are there differences in quality?," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 12(1), pages 522-532, May.
    2. Barbetta, Gian Paolo & Canino, Paolo & Cima, Stefano, 2015. "The impact of energy audits on energy efficiency investment of public owners. Evidence from Italy," Energy, Elsevier, vol. 93(P1), pages 1199-1209.
    3. Kubule, Anna & Ločmelis, Kristaps & Blumberga, Dagnija, 2020. "Analysis of the results of national energy audit program in Latvia," Energy, Elsevier, vol. 202(C).
    4. Schleich, Joachim & Fleiter, Tobias, 2019. "Effectiveness of energy audits in small business organizations," Resource and Energy Economics, Elsevier, vol. 56(C), pages 59-70.
    5. Todd D. Gerarden & Richard G. Newell & Robert N. Stavins, 2017. "Assessing the Energy-Efficiency Gap," Journal of Economic Literature, American Economic Association, vol. 55(4), pages 1486-1525, December.
    6. Kube, Roland & von Graevenitz, Kathrine & Löschel, Andreas & Massier, Philipp, 2019. "Do voluntary environmental programs reduce emissions? EMAS in the German manufacturing sector," Energy Economics, Elsevier, vol. 84(S1).
    7. Olsthoorn, Mark & Schleich, Joachim & Hirzel, Simon, 2017. "Adoption of Energy Efficiency Measures for Non-residential Buildings: Technological and Organizational Heterogeneity in the Trade, Commerce and Services Sector," Ecological Economics, Elsevier, vol. 136(C), pages 240-254.
    8. Meyabadi, A. Fattahi & Deihimi, M.H., 2017. "A review of demand-side management: Reconsidering theoretical framework," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 367-379.
    9. Barbara Schlomann & Wolfgang Eichhammer, 2014. "Interaction between Climate, Emissions Trading and Energy Efficiency Targets," Energy & Environment, , vol. 25(3-4), pages 709-731, April.
    10. Schlomann, Barbara & Schleich, Joachim, 2015. "Adoption of low-cost energy efficiency measures in the tertiary sector—An empirical analysis based on energy survey data," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 1127-1133.
    11. Feser, Daniel & Runst, Petrik, 2016. "Energy efficiency consultants as change agents? Examining the reasons for EECs’ limited success," Energy Policy, Elsevier, vol. 98(C), pages 309-317.
    12. Iftikhar Ahmad & Muhammad Salman Arif & Izzat Iqbal Cheema & Patrik Thollander & Masroor Ahmed Khan, 2020. "Drivers and Barriers for Efficient Energy Management Practices in Energy-Intensive Industries: A Case-Study of Iron and Steel Sector," Sustainability, MDPI, vol. 12(18), pages 1-16, September.
    13. Kalantzis, Fotios & Revoltella, Debora, 2019. "How energy audits promote SMEs' energy efficiency investment," EIB Working Papers 2019/02, European Investment Bank (EIB).
    14. Barbara Schlomann & Clemens Rohde & Wolfgang Eichhammer & Veit Bürger & Daniel Becker, 2013. "Which Role for Market-Oriented Instruments for Achieving Energy Efficiency Targets in Germany?," Energy & Environment, , vol. 24(1-2), pages 27-55, February.
    15. Șerbănescu Ana & Krutwig Michael, 2019. "Framework for developing a new model of risk classification according to the energy usage of companies," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 1150-1161, May.
    16. Binh Bui & Carolyn Fowler, 2022. "Carbon controls in a New Zealand electricity utility: An application of theoretical triangulation," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(4), pages 4423-4451, December.
    17. Joern Hoppmann & Alice Sakhel & Marcel Richert, 2018. "With a little help from a stranger: The impact of external change agents on corporate sustainability investments," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 1052-1066, November.
    18. Runst, Petrik & Bettendorf, Axel, 2017. "Energieeffizienz in Klein- und Kleinstunternehmen des Handwerks," Göttinger Beiträge zur Handwerksforschung 16, Volkswirtschaftliches Institut für Mittelstand und Handwerk an der Universität Göttingen (ifh).
    19. Fatoki Olawale, 2018. "Environmental Sustainability Practices of Immigrant-Owned Small and Medium Enterprises in South Africa," European Review of Applied Sociology, Sciendo, vol. 11(17), pages 27-43, December.
    20. Monjurul Hasan, A S M & Trianni, Andrea & Shukla, Nagesh & Katic, Mile, 2022. "A novel characterization based framework to incorporate industrial energy management services," Applied Energy, Elsevier, vol. 313(C).

    More about this item

    Keywords

    eco-efficiency; energy audit; environmental performance; energy conservation; environmental management accounting;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2022-06-23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.