From carbon capture to cash: strategic environmental leadership, AI, and the performance of U.S. firms
File(s)
Accepted version
Author(s)
Type
Journal Article
Abstract
This research unravels the strategic confluence of environmental leadership and cutting-edge Artificial Intelligence (AI) in the realm of Carbon Capture technology, and their combined effect on the financial fortitude of U.S. firms. It posits that a firm’s environmental vision, when led by transformative green leadership, significantly propels the effective adoption of Carbon Capture solutions. Drawing on data from 145 publicly traded U.S. entities from the years 2017 to 2019, provided by the Carbon Disclosure Project and Compustat, this study meticulously explores the interrelation between a firm’s environmental initiatives - including managerial focus, shared vision, proactive green strategies, and innovation—and its performance outcomes. The findings illuminate that while environmental commitments like management focus and a unified vision greatly encourage the embracement of Carbon Capture, the financial implications of these adoptions present a complex picture. This study further probes into the role of AI as a pivotal enabler, potentially enhancing the operational efficiency and financial impact of Carbon Capture practices.
Date Acceptance
2024-10-03
Citation
Journal of Organizational and End User Computing: the international journal of information user management
ISSN
1546-2234
Publisher
IGI Global
Journal / Book Title
Journal of Organizational and End User Computing: the international journal of information user management
Copyright Statement
Subject to copyright. This paper is embargoed until publication. Once published the Version of Record (VoR) will be available on immediate open access.
License URL
Publication Status
Accepted
Rights Embargo Date
10000-01-01