Promoting energy sources diversification through ESG performance
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F25%3A43911318" target="_blank" >RIV/60076658:12510/25:43911318 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S0360544225016512?pes=vor&utm_source=scopus&getft_integrator=scopus" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0360544225016512?pes=vor&utm_source=scopus&getft_integrator=scopus</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.energy.2025.136009" target="_blank" >10.1016/j.energy.2025.136009</a>
Alternative languages
Result language
angličtina
Original language name
Promoting energy sources diversification through ESG performance
Original language description
This study is the first to investigate how the environmental aspect of the Environmental, Social, Governance (ESG) index contributed to the diversification of energy sources in 36 developed nations from 2000 to 2018. To analyze the heterogenous and non-linear effects, the Method of Moments Quantile Regression (MMQR) and the Partially Linear Functional-Coefficient (PLFC) Model are utilized. The findings indicate significant variations, showing that ESG environmental performance favourably influences energy source diversification across all quantiles from 10 to 90 %. Non-linear results demonstrate that ESG environmental performance negatively affects energy source diversification when economic growth is between 7.39 per cent and 9.91 per cent; however, this relationship turns positive when economic growth surpasses 9.92 per cent, indicating that economic development is crucial in the relationship between ESG environmental performance and energy sources diversification. Overall, the marginal effect plots generated by both the MMQR and PLFC models illustrate that an increase of one unit in ESG environmental performance results in a rise in energy source diversification. Moreover, robustness check shows that ESG environmental performance enhances energy sources diversification at both upper and lower regimes of ESG environmental performance. In conclusion, the importance of environmental quality in promoting energy transition is crucial.
Czech name
—
Czech description
—
Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50204 - Business and management
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Energy
ISSN
0360-5442
e-ISSN
1873-6785
Volume of the periodical
324
Issue of the periodical within the volume
June 2025
Country of publishing house
GB - UNITED KINGDOM
Number of pages
13
Pages from-to
1-13
UT code for WoS article
001467144400001
EID of the result in the Scopus database
2-s2.0-105002009765