Yes, there is relation between achievement of competitive advantage of industrial companies and its level of environmental disclosure.

Yes, there is relation between achievement of competitive advantage of industrial companies and its level of environmental disclosure.

I think it is equivocal and the relationship depends on the strategy of companies.

I think so, thank you so mach for your answer

thank you Saeid Nosrati

thanks

Dear Colleagues and Friends from RG, To answer the question: Is there a relationship between achieving a competitive advantage for industrial enterprises and the level of their environmental disclosure? - it is necessary to determine the scope and nature of the impact of the functioning of a given economic entity on the environment. If an economic entity, enterprise, financial institution, etc. implements a business concept fully correlated with the green economy philosophy, i.e. constituting an important segment of sustainable pro-ecological development, then it can be concluded that there is a specific relationship between achieving the competitive advantage of a given economic entity and the level of its environmental disclosure . Some entities, e.g. banks, finance pro-ecological projects by subsidizing this activity because they treat pro-ecological activities as part of improving their image and marketing. Such pro-ecological activities do not generate additional income and profits, so they will not be a good example of the above-mentioned correlation. A significant part of pro-ecological reforms, including the transformation of the energy sector based on the development of renewable energy sources, is financed or co-financed by the state from the resources of the public finance system, so it will also not be a good example of a correlation in terms of the possibility of achieving a competitive advantage of an enterprise and the level of their environmental disclosure. On the other hand, examples of pro-ecological activities implemented by commercial enterprises, including production enterprises as a result of a competitive game on highly competitive markets. Without state financial support, subsidies or low-interest loans to finance environmentally-friendly projects, these would be measures to implement environment-friendly investment projects, environmental reforms, development of eco-innovations, etc. would be scarce, since these are activities currently usually characterized by low profitability or financially deficit. In a situation where the state financially supports the implementation of pro-ecological projects implemented by commercial entities, it means that there are no free market market structures and full competitiveness. In such a situation, there is no full market game between specific enterprises operating, so it is pointless to look for examples of a strong correlation between achieving competitive advantage of industrial enterprises and the level of their environmental disclosure.

Best wishes

Dariusz Prokopowicz