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Environmental Management Systems and Environmental Performance The Case of Russian Energy Sector

Author

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  • Valery IOSIFOV

    (Kuban State Technological University Russia)

  • Svetlana RATNER

    (Institute of Control Sciences Russian Academy of Sciences RUDN University Russia)

Abstract

Nowadays one of the most common organizational eco innovations in energy companies is introducing environmental management systems EMS Nevertheless the issues of environmental and economic efficiency of EMS remain controversial The purpose of this work is to develop a methodology for assessing the effectiveness of environmental management systems of Russian energy companies certified in accordance with ISO 14001 Since Russian companies do not have EMAS conformance certificates the issues of the effectiveness of environmental management systems under the European Environmental Management Scheme and eco audit were not considered in this study The study is based on the data from annual corporate reports of the largest energy companies of the Russian Federation which have the organizational and legal form of public joint stock companies The selection criteria were i the existence of an integrated management system which is based on a certified environmental management system ii the presence in the corporate reports of data on the environmental performance of the company at least a few years before and after the introduction of EMS sufficient for statistical analysis using a two depended samples T test The study has shown that the application of ISO 14001 can be considered as a condition for the development of eco innovation as a well designed environmental management strategy covers the whole range of issues related to innovative development modernization and competitiveness The introduction of EMS is also associated with an increase in the information transparency of the entire production system of the company which is also a positive point in terms of the development of innovative processes

Suggested Citation

  • Valery IOSIFOV & Svetlana RATNER, 2018. "Environmental Management Systems and Environmental Performance The Case of Russian Energy Sector," Journal of Advanced Research in Management, ASERS Publishing, vol. 9(7), pages 1377-1388.
  • Handle: RePEc:srs:jemt00:v:9:y:2018:i:7:p:1377-1388
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    Citations

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    Cited by:

    1. Svetlana V. Ratner & Evgenii Yu. Khrustalev & Sergey N. Larin & Oleg E. Khrustalev, 2020. "Does the Development of Renewable Energy and Smart Grids Pose Risks for Russian Gas Projects? Scenario Forecast for Partner Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 286-293.
    2. Marina L. Belonozhko & Stepan M. Kirichuk & Anatoly N. Silin, 2019. "Socio-Economic Aspects of the Development of Energy Companies in the Arctic Region," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 318-325.
    3. Iosifov Valeriy Victorovich & Evgenii Yu. Khrustalev & Sergey N. Larin & Oleg E. Khrustalev, 2021. "The Linear Programming Problem of Regional Energy System Optimization," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 281-288.
    4. Anzhelika Pirmamedovna Karaeva & Elena Romenovna Magaril & Andrey Vladimirovich Kiselev & Lucian-Ionel Cioca, 2022. "Screening of Factors for Assessing the Environmental and Economic Efficiency of Investment Projects in the Energy Sector," IJERPH, MDPI, vol. 19(18), pages 1-21, September.
    5. Valeriy V. Iosifov & Pavel D. Ratner, 2021. "Climate Policies of G20 and New Threats for Russian Energy and Transportation Complex," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 478-486.

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