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Journal: International Journal of Management (IJM) (Vol.11, No. 7)

Publication Date:

Authors : ;

Page : 371-383

Keywords : standard of living; quality of life; QOL; living conditions; consumer freedom; human capital; human potential; well-being; economy of happiness;

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Climate change mitigation is the most important driver for implementing energy efficiency policies in a country, which, in turn, are among the main driving factors for the company's environmental innovation. Despite numerous studies investigating energy saving in general, management and regulatory-related side of the issue is not duly covered. The aim of the study is to define the main factors (including the regulation-related ones) affecting energy saving of a company. By way of statistical, generalisation, graphical and factor analysis methods energy production, consumption and energy intensity both on global and national levels were investigated. The countries with highest level of energy intensity occurred to be Ukraine, Russian federation, Taiwan, South Africa, Kazakhstan and Canada. To countries with the lowest energy intensity belong United Kingdom, Turkey, Portugal, Germany, Japan and France. The research defined factors affecting company's energy saving. External factors include government regulation, market conditions, scientific and technological progress, political, socio-economic, environmental, natural and climatic factors. Internal factors comprise production modernization and reconstruction; consumed materials quality; use of secondary resources; technology improvement; company's innovative development; enterprise management; quality control; staff motivation; financial and economic indicators. Based on the analysis of legislative and regulatory framework in a number of countries, the main energy saving approaches of state policies are: national and international standards; certification programs; grants; key indicators of resource use efficiency; multi-level structure of state energy saving management; energy prices (tariffs) regulation; penalties; resource audit and management; government subsidies; soft-window facilities. The results of this study can be applied as the basis for theoretical and practical researches of factors affecting energy saving management of a company. Findings of the research can be applied by scientists and officials in developing governmental programs and policies aimed at promotion energy saving

Last modified: 2021-01-25 21:28:24