Research of Excellence
Climate & Earth
HEC Paris professors create cutting-edge insights in the area of: decarbonizing supply chains, energy transition, biodiversity, and circular economy.
HEC Paris professors consider environmental aspects as an essential dimension of their research program and look into new business models that integrate resource and environmental footprints into managerial decision making.
Research purpose is to tackle finite resource depletion, climate change, waste and pollution, and natural systems degradation.
The purpose is to design strategies that improve the bottom line for business, society, and the planet.
Decarbonizing supply Chains
- Bertini, M., Buehler, S., Halbheer, D., & Lehmann, D. R. (2022). Carbon footprinting and pricing under climate concerns. Journal of Marketing, 86(2), 186-201.
- Shantia, A., Aflaki, S., & Masini, A. (2021). Contracting for technology improvement: The effect of asymmetric bargaining power and investment uncertainty. European Journal of Operational Research, 293(2), 481-494.
- Goodarzi, S., Masini, A., Aflaki, S., & Fahimnia, B. (2021). Right information at the right time: Reevaluating the attitude–behavior gap in environmental technology adoption. International Journal of Production Economics, 242, 108278.
Sustainable Finance
- Landier, A., & Lovo, S. (2020). ESG investing: How to optimize impact?. HEC Paris Research Paper No. FIN-2020-1363.
- Shantia, A., Aflaki, S., & Ghoddusi, H. (2019). Input‐price risk management: Technology improvement and financial hedging. Production and Operations Management, 28(8), 2044-2067.
- Shishlov, I., & Censkowsky, P. (2022). Definitions and accounting of climate finance: between divergence and constructive ambiguity. Climate Policy, 22(6), 798-816.
Energy Transition & Climate Policy
- Aflaki, S., Basher, S. A., & Masini, A. (2021). Technology-push, demand-pull and endogenous drivers of innovation in the renewable energy industry. Clean Technologies and Environmental Policy, 23, 1563-1580.
- Goodarzi, S., Aflaki, S., & Masini, A. (2019). Optimal feed‐in tariff policies: The impact of market structure and technology characteristics. Production and Operations Management, 28(5), 1108-1128.
- Aflaki, S., & Netessine, S. (2017). Strategic investment in renewable energy sources: The effect of supply intermittency. Manufacturing & Service Operations Management, 19(3), 489-507.
- Basher, S. A., Masini, A., & Aflaki, S. (2015). Time series properties of the renewable energy diffusion process: implications for energy policy design and assessment. Renewable and Sustainable Energy Reviews, 52, 1680-1692.
- Aflaki, S., Kleindorfer, P. R., & de Miera Polvorinos, V. S. (2013). Finding and implementing energy efficiency projects in industrial facilities. Production and Operations Management, 22(3), 503-517.
- Michaelowa, A., Michaelowa, K., Shishlov, I., & Brescia, D. (2021). Catalysing private and public action for climate change mitigation: the World Bank’s role in international carbon markets. Climate Policy, 21(1), 120-132.
- Michaelowa, K., Michaelowa, A., Reinsberg, B., & Shishlov, I. (2020). Do multilateral development bank trust funds allocate climate finance efficiently?. Sustainability, 12(14), 5529.
- Michaelowa, A., Shishlov, I., & Brescia, D. (2019). Evolution of international carbon markets: lessons for the Paris Agreement. Wiley Interdisciplinary Reviews: Climate Change, 10(6), e613.
- Steinbach, A. (2022). The greening of the Economic and Monetary Union. Common Market Law Review, 59(2).
- Van Waeyenberge, A., & Pigeolet, L. (2019). L’hospitalité de la Cour de justice de l’Union européenne au regard du «lobbying judiciaire» en matière environnementale. Journal de droit européen, 2019(8), 321-324.
Biodiversity
- Kanter, D., Mauzerall, D. L., Ravishankara, A. R., Daniel, J. S., Portmann, R. W., Grabiel, P. M., ... & Galloway, J. N. (2013). A post-Kyoto partner: Considering the stratospheric ozone regime as a tool to manage nitrous oxide. Proceedings of the National Academy of Sciences, 110(12), 4451-4457.
- Kanter, D. R., Chodos, O., Nordland, O., Rutigliano, M., & Winiwarter, W. (2020). Gaps and opportunities in nitrogen pollution policies around the world. Nature Sustainability, 3(11), 956-963.
- Kanter, D. R., Bartolini, F., Kugelberg, S., Leip, A., Oenema, O., & Uwizeye, A. (2020). Nitrogen pollution policy beyond the farm. Nature Food, 1(1), 27-32.
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Kanter, D. R., & Searchinger, T. D. (2018). A technology-forcing approach to reduce nitrogen pollution. Nature Sustainability, 1(10), 544-552.
- Aflaki, S., Basher, S. A., & Masini, A. (2018). Is your valley as green as it should be? Incorporating economic development into environmental performance indicators. Clean Technologies and Environmental Policy, 20, 1903-1915.
- Aflaki, S. (2013). The effect of environmental uncertainty on the tragedy of the commons. Games and Economic Behavior, 82, 240-253.
New released white paper
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. |
Circular Transition
- Buehler, S., Chen, R., & Halbheer, D. (2023). Circular Business Models: Product Design and Consumer Participation (No. 2302). University of St. Gallen, School of Economics and Political Science.
- BNP Paribas Perspectives paper on circular economy with the intervention of Halbheer, D..
- Halbheer, D. (2023). Se convertir à l’économie circulaire : les entreprises entre recyclabilité et quête de rentabilité. The Conversation.
Other research reports and articles
- Shishlov, I. & Halbheer, D. (2023). Monitoring and Evaluating Climate Communication and Education (MECCE)
- Censkowsky, P., Lemming, A., Shishlov, I., & Shorthouse, R. (2022). Greening UK Export Finance
- Censkowsky, P., Michaelowa, A., & Shishlov, I. (2021). Export finance must get in line with climate commitments
- Shishlov, I., Censkowsky, P., & Darouich, L. (2021). Aligning Export Credit Agencies with the Paris Agreement. Perspectives Climate Research, Freiburg.
- Reinsberg, B., Shishlov, I., Michaelowa, K., & Michaelowa, A. (2020). Climate change-related trust funds at the multilateral development banks.
- Pierre, C., Aflaki, S. (2023). Seaweed and the Livestock Sector: A Miracle Solution or a Complex Reality?