A model to track strategic pathways and control mechanisms towards carbon neutrality of listed companies in energy sector

In response to global regulatory developments addressing carbon-related challenges, companies face an increasing pressure to adopt targeted emission reduction actions and enhance their performance in managing carbon emissions. To ensure a swift, effective, and lasting corporate response to systemic environmental challenges, it is essential to examine and understand how companies implement carbon reduction strategies and monitor their progress. This article employs a content analysis approach to highlight the greenhouse gas (GHG) management strategies and systems adopted by Italian listed companies operating in the energy sector. By analysing sustainability reports, this article delivers valuable insights for both scholars and practitioners, into how corporate planning and control practices for pursing carbon goals are integrated into disclosure process. Academically, we provide a framework for mapping corporate strategies and control systems aimed at managing carbon emissions. Practically, we identify best practices and offer guidelines to support planning and implementation of decarbonization strategies, adopt control mechanisms and tools, and develop internal and external engagement activities.

Keywords: GHG emissions, Sustainability reporting, Measurement and control systems, Decarbonization strategies, Content analysis, Energy sector

Enrico De Camillis, Teresa Izzo, Daniela Mancini, Percorsi di decarbonizzazione e sistemi di controllo: un modello di analisi per il settore energetico in "MANAGEMENT CONTROL" 2/2025, pp 179-204, DOI: 10.3280/MACO2025-002009