International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

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 Volume 11, Issue 11 (November 2024), Pages: 48-58

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 Original Research Paper

Significance of sustainable management practices and policy robustness in achieving carbon neutrality in KSA and UAE

 Author(s): 

 Hussam Buzaid M. Bakoben *

 Affiliation(s):

 Department of Finance and Economics, College of Business, University of Jeddah, Jeddah, Saudi Arabia

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  Full Text - PDF

 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0009-0002-5080-5264

 Digital Object Identifier (DOI)

 https://doi.org/10.21833/ijaas.2024.11.006

 Abstract

Countries are under significant pressure from climate change due to high levels of carbon emissions, and they are working towards carbon neutrality (CN). This is particularly relevant for Saudi Arabia and the United Arab Emirates, which heavily rely on fossil fuels. Therefore, this study aims to suggest solutions for these countries. Specifically, it examines how sustainable management practices (SMP) impact CN. Additionally, it explores the moderating role of strong policies in the relationship between SMP and CN. To strengthen the study's findings, data were collected from 795 respondents across 244 firms in industries like oil, gas, iron, and copper extraction, selected based on their carbon emissions and potential for adopting sustainable practices. Using ordinary least squares regression, the study found that SMP has a significant positive effect on CN. Moreover, strong policies significantly enhance the relationship between sustainable practices and CN in both countries. Policymakers are encouraged to reinforce environmental regulations and offer incentives for adopting green technologies and practices. Effective policies can ensure the consistent use of SMP, leading to a significant reduction in carbon emissions.

 © 2024 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords

 Carbon neutrality, Sustainable management, Policy robustness, Fossil fuel dependence, Climate change mitigation

 Article history

 Received 7 June 2024, Received in revised form 21 September 2024, Accepted 21 October 2024

 Acknowledgment

No Acknowledgment.

 Compliance with ethical standards

 Ethical considerations

All participants provided informed consent, and data was anonymized to ensure confidentiality.

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Bakoben HBM (2024). Significance of sustainable management practices and policy robustness in achieving carbon neutrality in KSA and UAE. International Journal of Advanced and Applied Sciences, 11(11): 48-58

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 Figures

 Fig. 1 Fig. 2

 Tables

 Table 1 Table 2 Table 3 Table 4 Table 5 Table 6 

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