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The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in Companies Cover

The Influence of Organizational Factors on the Adoption of Energy Efficiency Measures in Companies

Open Access
|Jun 2023

Abstract

This paper aims to research the organizational factors influencing the implementation of energy efficiency measures in companies. The analysis was performed on a sample of companies from Serbia included in the World Bank Enterprise Survey. The raw data collected by the World Bank were utilized to analyze the correlation between various organizational factors and the adoption of energy efficiency measures. The analysis revealed a statistically significant correlation between management maturity and the implementation of energy efficiency measures in companies. These findings suggest that improving energy efficiency is not an isolated process but rather closely related to the maturity of management practices, highlighting the importance of comprehensive organizational development for achieving optimal energy management.

DOI: https://doi.org/10.2478/ngoe-2023-0010 | Journal eISSN: 2385-8052 | Journal ISSN: 0547-3101
Language: English
Page range: 41 - 49
Submitted on: Apr 1, 2023
Accepted on: May 1, 2023
Published on: Jun 30, 2023
Published by: University of Maribor
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2023 Aleksandar Vučković, Marija Džunić, published by University of Maribor
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.