Progress in Sustainable Consumption and Production in Slovakia in Comparison with other EU Countries – Energy Intensity of the Sector

University of Economics in Bratislava, Faculty of Business Management, Management of the Department, Dolnozemská cesta 1, 852 35 Bratislava, Slovakia

^* Corresponding author: daniela.rybarova@euba.sk

Abstract

Research background: Problematic of sustainable consumption and production is a broad conception that is integrating application of advanced methods and techniques of business management, in all areas, including eco-design and innovation, sustainable marketing, risk management and strategic management with a focus on sustainable development for the environment. The European Union has established numerous strategies to support it, the success of which depends on building a sufficient awareness and above all the involvement of all countries in the process of improving the environmental performance of products throughout their life cycle. Building of sustainable consumption and production on the widest scale is influenced by the social and economic dimension, which awareness and understanding makes it possible to encourage and motivate to socially responsible behaviour. In order to face the current challenges, it is essential to change the way we produce and consume.

Purpose of the article: Analyse the financial and economic parameters of selected sectors in dependence on the fulfilment of selected indicators that are measuring progress in sustainable consumption and production in Slovakia in comparison with other EU countries

Methods: Time series analysis, spatial analysis.

Findings & Value added: Systematizing the ways to measure progress in achieving sustainable consumption and production with regards to defined indicators in strategies, policies and action plans of EU following the structure of national economies.