Business Response Strategies to Climate Change: An Integrative and Research Frontiers Outlook
Journal
Organization & Environment
Type
journal article
Date Issued
2023
Author(s)
Abstract
As climate change (CC)-related adversity has become more evident, physical CC impacts and the need to respond to it are now a prominent topic in the political agenda in multiple countries. Accordingly, businesses have begun to adopt strategies to seeking to respond to CC. Recently, strategy and general management scholars have produced a growing number of articles examining the factors that increase the adoption of CC strategies, and, in a few cases, the environmental and financial performance implications of these strategies. Our review indicates that: (a) business research tends to dismiss CC-related adversity, with much of the research on drivers of responses highlighting a clear anthropocentric bias; (b) many papers discuss either adaptation or mitigation without much examination of synergies and tradeoffs between strategies; and (c) we know little about what and how physical climate conditions affect firms and their ability to achieve and sustain a competitive advantage.
Language
English
Keywords
competitive advantage and environmental strategy
business strategy and the environment
climate change
sustainable development
corporate sustainability
environmental governance and regulation
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
SAGE Publications
Subject(s)
Division(s)
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unter-et-al-2023-business-response-strategies-to-climate-change-an-integrative-and-research-frontiers-outlook.pdf
Size
523.43 KB
Format
Adobe PDF
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