GX & Decarbonization Research

Yan Aditya Pradana, Mohammad Isa Irawan, Imam Mukhlash +1

This study proposes a carbon trading strategy for the European Union Emissions Trading System (EU ETS) using deep stochastic reinforcement learning with risk analysis. It aims to optimize trading decisions under market uncertainty, outperfo…

Ajay Dkhar, Binny Sharma

This study examines the impact of ESG disclosure on firm performance using 55 Indian listed firms from 2016-2024. It finds positive effects in manufacturing but not services, and a weakened relationship after COVID-19. The results offer ins…

Rival Pahrijal, Arief Fahmi Lubis, M Ammar Muhtadi

This study analyzes the legality and challenges of carbon trading implementation in Indonesia under Presidential Regulation No. 98/2021. It finds that while the legal framework is formally established, challenges include regulatory fragment…

Anita Agustiani, Mulyanto Nugroho, Nekky Rahmiyati

This study examines the impact of ESG disclosure, green investment, and firm size on firm value through financial performance as a mediator in Indonesian LQ45 manufacturing companies (2019-2024). Results show that firm size positively affec…

F. Rauf

This paper examines how peer firms' ESG disclosure influences target firms' strategies in China. Digital transformation enhances responsiveness, while financial constraints increase imitation. An inverted U-shaped relationship exists betwee…

Tingting Wang, Qiyong Xiao, Jinli Wang +1

This paper investigates how ESG report design (visualization and length) affects corporate financing costs. Using a sample of Chinese listed firms from 2006-2024, they construct a visualization index based on color metrics. They find that v…

Ni Komang Ayu Devi, Putu Agus Ardiana

This conceptual study examines how assurer type, assurance standards (ISAE 3000, AA1000AS), and assurance level (limited vs. reasonable) affect the breadth of assurance statements in sustainability reports. Using legitimacy and institutiona…

Liqiong Yu, Xiang-Chu Huang

This study examines the effects of carbon finance, globalization, and digital trade on natural resource management in Thailand (2000–2022) using a NARDL model. Carbon finance positively impacts resource management in the short and long run,…

Peng-peng Yuan, Qingsong Wang

This study uses game theory to analyze how manufacturers can use blockchain to address consumer skepticism about carbon reductions under cap-and-trade policy. It finds that unit abatement is negatively correlated with consumer skepticism an…

Chuanliang Wang, Zhaoxin Liu, Aiping Wang

This paper systematically reviews China's laws and policies on blue carbon sink trading, identifying three core regulatory problems: vague allocation of powers, incomplete transaction rules, and weak accountability. It provides recommendati…

Oksana E. Gudkova, Yuliya Kostrova

This paper consolidates and structures the core theoretical models explaining how ESG factors influence the performance of public companies. It analyzes how each model reveals reasons for ESG disclosure and risk management approaches, recom…

V. Metelytsia, Vladislav Valentinov, Taras Gagalyuk

This study examines 'hidden ESG' in Ukrainian agriculture, where firms implement substantive sustainability practices but remain weakly visible in formal disclosure due to institutional fragility and conflict. Based on 53 interviews, it fin…

Yiming Xian, Mingchao Xia, Jichen Wang +2

This paper studies coordinated operation and distributed optimization of highway hybrid refueling stations integrating hydrogen, carbon, and green certificate trading. An asymmetric Nash bargaining framework is used with ADMM for distribute…

Ayse Hyusein, M. Seraj

This study examines the impact of ESG disclosure and green innovation on carbon emission efficiency (CEE) and firm valuation in energy-intensive and heavy-polluting industries. Using data from the London Stock Exchange Group Asset 4 Databas…

Yanpei Cheng, Xiqiang Xia, Xiandi Zeng +1

This paper analyzes the impact of China's green consumption voucher (GCV) policy on carbon emission reduction in a remanufacturing outsourcing supply chain. It finds that while GCV policy boosts manufacturers' profits, overly generous subsi…

Zhenfeng Guo, Fathin Faizah Said, SF Low

This paper empirically examines the impact of carbon trading on intra-firm income inequality, suggesting that climate policies may inadvertently exacerbate social inequalities and highlighting the need for equitable policy design.

Asia Rahman Khan Lodhi, Humayoon Khan, Agha Qaleech Khan

This paper comparatively analyzes major ESG regulations including the EU CSRD, CSDDD, IFRS Sustainability Disclosure Standards, and California climate disclosure laws, arguing that ESG regulation is transitioning from voluntary to mandatory…

Oleksiy Melnyk, Svitlana Onyshchenko, Iryna Savelieva +2

This study compares low-carbon fuels (biofuels, methanol, ammonia, hydrogen) for coastal shipping, integrating life cycle parameters and marginal abatement costs in a model with scenarios to 2050. A hybrid gradual transition from early biof…

Rahmi Çetin

This systematic literature review synthesizes 32 peer-reviewed articles on CBAM's trade implications. While a minority view CBAM as necessary to prevent carbon leakage, the majority highlight risks of global welfare losses, trade disputes, …

Галина Уманців

This paper examines the transformation of ESG reporting for concessionaires (long-term infrastructure operators) from voluntary sustainability narratives to regulated, investor-oriented disclosure. It highlights the role of ESRS double mate…