THINK
Research on Climate & Earth
Our research focuses on generating original knowledge about decarbonization and circularity to align business models with planetary boundaries.
HEC Paris professors’ research delves into finite resource depletion, climate change, waste and pollution, natural systems degradation and looks into new business models that integrate resource and environmental footprints into managerial decision making.
The purpose is to design strategies that improve the bottom line for business, society, and the planet.
OUR LATEST RESEARCH PAPERS
- Aflaki, S., Atasu, A., & Van Wassenhove, L. N. (2024). The Long-Term Costs of Wind Turbines. Harvard Business Review (February). https://hbr.org/2024/02/the-long-term-costs-of-wind-turbines
- Stolowy, H., & Paugam, L. (2023). Sustainability reporting: Is convergence possible? Accounting in Europe, 20(2), 139-165. https://www.tandfonline.com/doi/full/10.1080/17449480.2023.2189016
- Bertini, M., Buehler, S., Halbheer, D., & Lehmann, D. R. (2022). Carbon Footprinting and Pricing Under Climate Concerns. Journal of Marketing, 86(2), 186-201. https://doi.org/10.1177/0022242920932930
ON GOING RESEARCH
- Buehler, S., Chen, R., & Halbheer, D. (2024). Product Design and Consumer Participation in Circular Business Models. HEC Paris Research Paper MKG-2022-1465. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4314781
- Landier, A., & Lovo, S. (2023). ESG Investing: How to optimize impact? HEC Paris Research Paper No. FIN-2020-1363. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3508938
BOOKS
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Guerreschi, A., Diaz Lopez, Fernando J. (2024). Redefining production and consumption in producer cooperatives through sustainability, eco-innovation, and circularity. In A. B. Massimiliano Mazzanti, Salvatore Monni (Ed.), Innovations for Circularity and Knowledge Creation: Participation and Cooperative Approaches for Sustainability. Springer Nature Switzerland. Innovations for Circularity and Knowledge Creation presents existing cases and new examples of the intersection between the co-operative economy and sustainability challenges. It explores innovative circular and low carbon sustainable economy cases and analyses the management style of cooperative firms in facing sustainability challenges. It is an essential resource for scholars and students of sustainability and the circular economy, innovation management, HRM and labour studies. |
Shishlov, I. (2024). The Colour Fools: Communicating Sustainability Through Music. In B. Bernard-Rau (Ed.), Sustainability Stories: The Power of Narratives to Understand Global Challenges (pp. 307-312). Springer Nature Switzerland Sustainability Stories features over 30 narratives from countries such as France, Germany, India, Morocco, Spain, Switzerland, and the United States. Through its pages, this book spreads optimism, determination, and a desire for positive societal change. It empowers readers of all ages and educational backgrounds to join the movement toward a sustainable future.
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Chevalier, F., & Kalika, M. (Eds.). (2023). Research in Sustainability. Éditions EMS Research in Sustainability brings together conceptual analyses, case studies and practical recommendations of professors, doctors and doctoral candidates from the Business Science Institute Executive DBA programme. The authors invite to contextualize Sustainability, whilst taking a critical and constructive perspective on this wideranging topic. The book looks at Sustainability in different sectors of activity, corporate functions and geographical scopes. Researchers and executives interested in research with an academic, managerial and societal impact will find new clarification and avenues for reflection and action.
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Reports and other Publications
 | Chevalier, F., Guillet, O., Poilpot-Rocaboy, G., Valax, M. (2024). Sustainable Development and Human Resources - 15 Case Studies / Développement Durable et Ressources Humaines - 15 Études de cas. A unique manual with: essential concepts, practical situations. This book focuses on integrating sustainability within companies through HR strategies. Published in October 2024, it features 15 detailed case studies drawn from real-life situations (large, small and medium-sized enterprises, in a variety of business sectors, in a French or international environment) demonstrating innovative approaches to balance economic performance with environmental and social responsibility. The book aims to guide HR professionals and managers on aligning their practices with sustainability goals, offering actionable insights for fostering a more responsible corporate culture. Ideal for those interested in sustainable business practices and human resource management. |
 | Ho, D., Charalambides, A., Callus, M. A., Spiteri, D., Camacho Avila, B., & Diaz Lopez, F. J. (2024). Guidebook. Designing Research & Innovation Action Plans for Transformative Climate Action in Island Ecosystems. EIT Climate KIC, Cyprus University of Technology and Energy and Water Agency. This guidebook is a comprehensive toolkit designed to support island ecosystems in optimizing their research and innovation (R&I) strategies. From Cyprus to Malta, it seeks to empower regions to meet their climate and energy targets outlined in their National Energy and Climate Plans (NECPs): ✔ Insights on enhancing R&I initiatives in the smallest EU island states |
 | Halbheer, D., & Shishlov, I. (2023). Climate Change Education in Business Schools. The Example of the Climate and Business Certificate at HEC Paris. This report explores the importance of climate change education in business schools and analyzes how climate change education is being integrated in the curricula of business schools using the example of the Climate and Business Certificate program developed at HEC Paris. The methodology for this case study is based on a desk review of existing literature, interviews |
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Ombuya, S., Shishlov, I., & Michaelowa, A. (2023). International Climate Finance From a Global Perspective. ÖFSE Working Paper (76). This Working Paper delves into the history and challenges of international climate finance and emphasizes the complexities tied to diverse definitions and accounting practices, leading to disputes over climate finance figures, as well as the struggle of developed countries to meet the USD 100 billion annual target. With the need to mobilize finance for addressing loss and damage (L&D) gaining traction in UN climate negotiations, it examines how similar challenges may hinder progress on the L&D agenda. The paper also stresses the importance of fostering trust between donor and recipient countries. |
 | The White Paper on Biodiversity, published by HEC Alumni in June 2022, has three objectives:
This report is not intended to be exhaustive and does not replace the scientific literature on the subject. Its objective is to point out the current gaps in knowledge and regulations and to promote dialogue between business leaders, policy makers, academics and citizens. |
