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Examining the drivers and outcomes of corporate commitment to climate change action in European high emitting industry

Littlewood, D and Decelis, R and Hillenbrand, C and Holt, D (2018) 'Examining the drivers and outcomes of corporate commitment to climate change action in European high emitting industry.' Business Strategy and the Environment. ISSN 0964-4733

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Abstract

Climate change is a major strategic issue for firms that also has global environmental, social and economic implications. This paper draws upon quantitative survey research to examine the drivers and outcomes of corporate commitment to climate change action in European high emitting industry. More specifically, this research examines the significance of business drivers, sustainability drivers, and stakeholder pressure, in motivating corporate commitment to climate change action in such industry. It furthermore assesses relationships between commitment and actual corporate greenhouse gas (GHG) performance. It is found that in European high emitting industry, business drivers and stakeholder pressure, but not sustainability drivers, enhance corporate commitment to climate change action, and that higher commitment leads to improved GHG performance. This paper contributes to hitherto limited empirical work on the drivers and outcomes of corporate commitment to climate change action, particularly in European industry contexts. It also contributes to advancing methodology in the field.

Item Type: Article
Uncontrolled Keywords: climate change, commitment, drivers, Europe, greenhouse gas performance, high emitting industry, institutions, motivations, stakeholders
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences
H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Social Sciences > Essex Business School
Depositing User: Elements
Date Deposited: 13 Aug 2018 14:23
Last Modified: 11 Jul 2020 01:00
URI: http://repository.essex.ac.uk/id/eprint/22823

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