The Italian Bus Transportation Sector: The Management of Environmental Risks as a Factor for Achieving a Business Sustainability

This study investigates public and private transportation firms from a managerial perspective of the environmental risk. Carbon footprint measures the level of energy efficiency and it shows how much a firm is working to improve its results. In order to assess the profitability efficiency, we rely on an input-oriented Slack Based (SBM) Data Envelopment Analysis (DEA) model. The results demonstrate that no significant between public or private for all the efficiencies dimension. This is due may to the fact that public enterprises do not invest a lot as well as to lack of public governance and lack of money, while the private companies’ save costs in order to achieve a certain level of profitability for their investors.