Corporate Decarbonization
Understanding CO 2 Emission Drivers Across High‐ and Low‐Polluting Firms in OECD Countries
Bibliographic Data
| ID | 22418375 |
|---|---|
| Authors | Yanik Nimtz (0009-0005-4239-2289, Department of Economics GRIT & ECO‐SOS, Universitat Rovira i Virgili Reus Spain, corresponding author), Mercedes Teruel (0000-0002-4104-7679, Department of Economics GRIT & ECO‐SOS, Universitat Rovira i Virgili Reus Spain) |
| Year | 2026 |
| Publication date | 2026-04-09 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Business Strategy and the Environment (JOURNAL) |
| Journal identifiers | ISSN: 0964-4733 • E-ISSN: 1099-0836 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/bse.70849 |
| OpenAlex | W7153297733 |
| Language | EN |
| References cited | 54 |
Decarbonization of the economy is a central challenge in the fight against climate change. Although most governments show clear commitment to limiting global warming, the drivers of corporate decarbonization remain underexplored. Using a dataset of 1052 firms from OECD, this article analyses how intangible assets and environmental innovation affect corporate environmental performance. By applying bootstrapped quantile regressions, we show how firm‐ and country‐level factors are associated with high‐ and low‐polluting firms. Our results suggest that intangible assets and environmental innovation improve environmental performance across quantiles, with a stronger effect for high‐polluting firms. Furthermore, environmental innovation can reduce short‐term emission growth. Finally, intangible assets depend on the sectorial CO 2 intensity and have limited significance in sectors with low carbon intensity. At the policy level, our results call for emission‐related regulation because it improves corporate decarbonization. Furthermore, it is necessary to have a regulatory strategy that incorporates incentives for intangible asset development and innovation, differentiating between high‐ and low‐polluting firms.
Environmental policy · Global warming · Incentive · Intangible asset · Limiting · Corporate Social Responsibility Reporting · Energy, Environment, Economic Growth · Environmental Sustainability in Business
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| Citation velocity | historical |
|---|---|
| Highly cited | No |