GX & Decarbonization Research

Islam, Md Jaber Al

This thesis empirically shows that banks' environmental engagement lowers funding costs, ESG controversies trigger income-increasing earnings management, and managerial ability mitigates ESG washing, using international samples and robust e…

Dorottya Sebestyén

This paper analyzes how EU non-financial reporting regulation, evolving from NFRD to CSRD, the 2025 Omnibus package, and the VSME, embeds SMEs through spillover mechanisms. It identifies three pathways: value chain transmission, financial g…

Arpit Darbari

Proposes a Unified Digital ESG Framework (UDEF) for manufacturing that integrates CSRD/ESRS compliance, GHG Protocol-based accounting, and SDG alignment. Leverages smart metering, IIoT, cloud EMS, and AI-assisted decision support for contin…

Xunyi Wang

This study systematically evaluates hydrogen energy application in oil and gas fields, using literature review and case studies from Changqing, Shengli, and Tarim. It covers production routes (produced-water electrolysis, wind-solar hybrid,…

Alie Asanova Borizanova

This report analyzes the impact of the EU Taxonomy on the banking sector, examining its regulatory foundations and practical implications. It highlights new reporting obligations, changes in risk management, integration of ESG factors, and …

Sani Inusa Milala, Shuaibu H. Manga, Abubakar Mohammed Garba

This conceptual paper addresses the green premium gap hindering climate-resilient retrofitting in institutional real estate. Through systematic literature review, it identifies five policy instruments—regulatory standards, financial incenti…

Anushka Bogdanov, Kunaal Kalyan, Andrey Bogdanov +2

This paper frames ESG ratings as emerging financial market infrastructure, analyzing regulatory developments across major jurisdictions including the EU, UK, India, Japan, Singapore, US, China, and African markets. It advocates a principles…

Uzzaman, Md. Arif-

This report compares sustainable finance approaches across China, Japan, Singapore, Indonesia, Bangladesh, and Mongolia, proposing a Three-Model Framework (Capital-Market, Command-Control, Concentration-Risk). Each model has unique weakness…

Arzé Karam

This paper proposes 'anticipatory economic implementation,' where credible policy commitments shape market behavior before legal implementation. Using the proposed UK-EU ETS linkage as a natural experiment, it analyzes daily carbon futures …

Carlos Alexandre Gama, Eduardo Souza, Leonardo Maues +1

This paper argues that carbon prices in ETSs primarily reflect institutional scarcity and expectations rather than short-term emissions outcomes. Through comparative analysis of the EU ETS and emerging systems, it shows that price increases…

Abhinav Jindal, Sameeksha Patil

This paper quantifies the trade and production-network impacts of the EU CBAM on India, China, and Japan's steel, aluminum, and cement sectors. It converts carbon costs into ad valorem equivalents and uses a gravity model to estimate export…

Jingyi Wang

As the EU CBAM becomes fully effective in 2026, it will impact Chinese exports. China's ETS carbon price is a fraction of the EU ETS, and this paper proposes including resource tax and consumption tax as effective carbon prices to reduce CB…

Claudia Günther, Darius Sultani, Michael Pahle +1

As emissions trading systems expand globally, the treatment of non-permanent carbon capture and utilisation (CCU) under cap-and-trade schemes is a recurring policy challenge. Using the EU ETS fifth-phase review as a case study, this paper t…

Xinyue Pu, Xi Lin, Jingyang Du +1

This study shows that extending the EU ETS to maritime transport incentivizes evasive hub-and-spoke transshipment, reallocating emissions rather than reducing them globally. Analyzing 7,791 demand pairs, it finds transshipment accounts for …

Govinda R. Timilsina, Ze Song, Gal Hochman

This study evaluates the effectiveness of three major ETS (EU, NZ, Korea) using a generalized synthetic control method on 2005-2020 data. The EU ETS reduced electricity-sector CO2 by 21.3% and total CO2 by 15.6%, while NZ's ETS had no signi…

Cynthia A. Williams

This article reviews emerging empirical evidence on the effects of mandatory GHG disclosure on corporate emissions reductions, examining whether disclosure is an effective climate policy tool. Studies from the UK and US show that mandatory …

Mauro, Filippo, Cartolano, Fabio, Astegiano, Paola +6

This paper presents a methodology from the EU-funded IKIGAI project to accelerate decarbonization of freight transport and logistics. It develops a decision-support framework based on Physical Internet principles, guiding logistics innovati…

C.C Hsieh, Nur Layli Rachmawati

This paper analyzes indirect material sourcing in semiconductor supply chains using a game-theoretic model with asymmetric recovery capabilities and endogenous recovery effort. It finds that intensified competition can shift sourcing toward…

Didem Göçmen

This study compares carbon management and sustainability performance of Schiphol, Heathrow, and Fraport airports (2023-2025) using document analysis. Scope 3 emissions increased across all three, offsetting reductions in Scope 1 and 2. Repo…

William Diebel, Robert D. Klassen

For large firms, most emissions occur in supply chains, yet few commit to SBTi. Using an attention-based view, this study argues supply chain operations create attentional structures that shape commitment to Scope 3 targets. Analyzing 13,66…