International Conference on Applied Economics, ICOAE 2024, Belgrade, Sırbistan, 11 - 13 Temmuz 2024, ss.367-378, (Tam Metin Bildiri)
The purpose of this study is to investigate the environmental performance of the Turkish cement industry. Employing the data set of 8 firms operating in the cement industry and using Data Envelopment Analysis, we estimate the CO2 efficiency in the industry. The empirical findings suggest that the average carbon efficiency in the sector is approximately 71%, indicating substantial room for efficiency enhancement through innovative production techniques and alternative fuel use. However, a significant reduction in technical efficiency has been observable over the years. Promoting sustainable practices and investing in technological advancements can reverse this trend. Also, such policies can reduce the industry’s carbon footprint, thus it may be possible to combat greenhouse gas emissions and achieve the targets set in this regard.