Competition policy and environmental sustainability
What are environmental sustainability policies?
Environmental and sustainability policies are policies and action plans adopted by governments and organisations to help them protect the natural environment and promote sustainable practices. An Environmental policy is a statement about an organisation's environmental position and values..
What are sustainability and environmental policies?
Environmental and sustainability policies are policies and action plans adopted by governments and organisations to help them protect the natural environment and promote sustainable practices. An Environmental policy is a statement about an organisation's environmental position and values..
What is an environmental sustainability policy?
By implementing an environmental sustainability policy, you can reduce your carbon footprint, conserve resources, and save money through energy-efficient operations and waste reduction..
What is environmental and or sustainability policy?
Environmental and sustainability policies are policies and action plans adopted by governments and organisations to help them protect the natural environment and promote sustainable practices. An Environmental policy is a statement about an organisation's environmental position and values..
Sustainability is a generic concept that can be applied by: governments, companies, and individuals to inform their strategic decisions, actions and behaviour. Sustainability is more than just nature. There are three pillars to consider: the environment, society, and economy.
Sustainability maintains the health and biocapacity of the environment. Sustainability supports the well-being of individuals and communities. Sustainability promotes a better economy where there is little waste and pollution, fewer emissions, more jobs, and a better distribution of wealth.
Sustainable advantages fall into three categories: size in the targeted market, superior access to resources or customers, and restrictions on competitors' options. Note that these advantages are nonexclusive. They can, and often do, interact. The more of them, the better.
Dec 10, 2020This working paper highlights the need for greater room for cooperation between businesses in the fight against climate change and the promotionÂ
Do competitors need to cooperate to achieve sustainability objectives?
Competitors may not need to cooperate to achieve sustainability objectives where actual and potential customers’ willingness to pay for a green or more sustainable product is enough to finance investments to reduce or avoid the environmental (and social) costs to society.
Should competition and competition laws be regulated to achieve sustainability?
From a competition agency perspective, regulation to achieve sustainability might be the preferred option. Yet, business action might equally affect sustainability and competition and competition laws are crucial considerations for businesses.
Why is competition policy important?
Competition policy was a tool that helped to address the historical structures with a highly concentrated economy by facilitating the increasing participation of black-owned companies in the economy. Competition law as an obstacle? - Sustainability as a shield against antitrust liability .
Does competition law support sustainability?
In the first case, competition law is use as a sword in the fight for sustainability, for example to prevent the degradation of the environment
In the second case, measures are shielded from competition law prohibitions where they support sustainability
How can the application of competition law foster sustainability?
What is the interplay between competition and sustainability goals?
An OECD hearing on Sustainability and Competition in December 2020 explored the interplay between competition and sustainability goals
Building on that hearing, this roundtable will focus on the practical approaches that competition authorities can take when assessing cases with an environmental dimension
Competition policy and environmental sustainability
Sustainable transport in the senses of social, environmental and climate impacts
Sustainable transport refers to ways of transportation that are sustainable in terms of their social and environmental impacts. Components for evaluating sustainability include the particular vehicles used for road, water or air transport; the source of energy; and the infrastructure used to accommodate the transport. Transport operations and logistics as well as transit-oriented development are also involved in evaluation. Transportation sustainability is largely being measured by transportation system effectiveness and efficiency as well as the environmental and climate impacts of the system. Transport systems have significant impacts on the environment, accounting for between 20% and 25% of world energy consumption and carbon dioxide emissions. The majority of the emissions, almost 97%, came from direct burning of fossil fuels. In 2019, about 95% of the fuel came from fossil sources. The main source of greenhouse gas emissions in the European Union is transportation. In 2019 it contributes to about 31% of global emissions and 24% of emissions in the EU. In addition, up to the COVID-19 pandemic, emissions have only increased in this one sector. Greenhouse gas emissions from transport are increasing at a faster rate than any other energy using sector. Road transport is also a major contributor to local air pollution and smog.
