Preprint Article Version 1 This version is not peer-reviewed

Methane Emissions in the ESG Framework at the World Level

Version 1 : Received: 21 October 2024 / Approved: 21 October 2024 / Online: 21 October 2024 (12:01:09 CEST)

How to cite: Costantiello, A.; Laureti, L.; Quarto, A.; Leogrande, A.; Magazzino, C. Methane Emissions in the ESG Framework at the World Level. Preprints 2024, 2024101568. https://doi.org/10.20944/preprints202410.1568.v1 Costantiello, A.; Laureti, L.; Quarto, A.; Leogrande, A.; Magazzino, C. Methane Emissions in the ESG Framework at the World Level. Preprints 2024, 2024101568. https://doi.org/10.20944/preprints202410.1568.v1

Abstract

This article affords the question of methane emissions in the context of the ESG framework at the global level. The World Bank ESG-Environmental, Social, and Governance database was used. The data refers to 193 countries for a period between 2011 and 2020. The econometric models used are Panel Data with Random Effects, Panel Data with Fixed Effects, Pooled Ordinary Least Squares-OLS, and Weighted Least Squares-WLS. The impact of methane on the ESG model was calculated through three equations capable of analyzing the impact of methane emissions, respectively, con-cerning the E-Environmental, S-Social, and G-Governance components of the ESG model. The re-sults show that methane emissions tend to increase even in the improvement of ESG conditions at world level.

Keywords

Methane emissions; ESG; panel data

Subject

Business, Economics and Management, Economics

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