Social Innovation, Circularity and Energy Transition for Environmental, Social and Governance (ESG) Practices—A Comprehensive Review

It has been extensively debated how social innovation, circularity, and energy transition may all be considered environmental, social, and governance (ESG) components from a sustainability perspective. To comprehend the conceptual development of this subject in the academic literature, few studies,...

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Published inEnergies (Basel) Vol. 15; no. 23; p. 9028
Main Authors Popescu, Catalin, Hysa, Eglantina, Kruja, Alba, Mansi, Egla
Format Journal Article
LanguageEnglish
Published Basel MDPI AG 01.12.2022
Subjects
Alternative energy sources
Analysis
business models
circularity
Climate change
Community
Energy efficiency
Energy industry
Energy policy
energy transition
ESG
GDP
Gross Domestic Product
Literature reviews
Renewable resources
Social innovation
Sustainable development
Romania
Spain
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Summary:It has been extensively debated how social innovation, circularity, and energy transition may all be considered environmental, social, and governance (ESG) components from a sustainability perspective. To comprehend the conceptual development of this subject in the academic literature, few studies, however, tackle the problems above by reviewing earlier research on the subject. By developing the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) technique, this study aims to address the current and anticipated advancements in social innovation, energy transition, and circularity. As a result, we create two metasynthesis analyses related to “social innovation–energy transition” and “social innovation–circularity.” In the first analysis, the three databases Web of Science, Scopus, and JSTOR had a total of 1767 studies and reports, and in the second analysis, we reviewed the work from a total of 466 studies and reports. We emphasize that implementing environmental, social, and governance (ESG) practices require social innovation, circularity, and energy transition. The study’s key contributions are the five cluster themes classification for the two metasynthesis analyses, which point to potential future directions for both firms and governments to pursue some macro-level goals concerning energy transition and circularity through social innovation.
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ISSN:1996-1073
1996-1073
DOI:10.3390/en15239028