Zhang, Abraham and Tay, Huay Ling and Alvi, Muhammad Faizan and Wang, Jason X and Gong, Yu (2023) Carbon neutrality drivers and implications for firm performance and supply chain management. Business Strategy and the Environment, 32 (4). pp. 1966-1980. DOI https://doi.org/10.1002/bse.3230
Zhang, Abraham and Tay, Huay Ling and Alvi, Muhammad Faizan and Wang, Jason X and Gong, Yu (2023) Carbon neutrality drivers and implications for firm performance and supply chain management. Business Strategy and the Environment, 32 (4). pp. 1966-1980. DOI https://doi.org/10.1002/bse.3230
Zhang, Abraham and Tay, Huay Ling and Alvi, Muhammad Faizan and Wang, Jason X and Gong, Yu (2023) Carbon neutrality drivers and implications for firm performance and supply chain management. Business Strategy and the Environment, 32 (4). pp. 1966-1980. DOI https://doi.org/10.1002/bse.3230
Abstract
Many nations have committed to achieving carbon neutrality to combat climate change, but little is known about its drivers at the micro level and implications for firm performance and supply chain management. To address the knowledge gap, this research conducts case studies of seven early movers in the initiative by exploring the key drivers, influential stakeholders and effects of institutional pressures. We find four major drivers: ‘customer enforcement’, ‘sustainable business value’, ‘environmental legitimacy’ and ‘competitive pressures’. Customers and competitors were the most influential external stakeholders. Shareholders and top management with intrinsic environmental values, being internal stakeholders, played pivotal roles in a proactive move to carbon neutrality when there was limited regulatory pressure. The early movers believed in the long‐term economic benefits of transitioning to carbon neutrality. We also identify the implications of carbon neutrality initiatives for supply chain management. Based on the research findings, we develop a decision support framework to guide firms in transitioning towards carbon neutrality in a multi‐tier supply chain context.
Item Type: | Article |
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Uncontrolled Keywords: | carbon neutrality; case study; drivers; multi-tier supply chain; supply chain decarbonisation |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Essex Business School |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 03 Oct 2023 13:01 |
Last Modified: | 16 May 2024 21:25 |
URI: | http://repository.essex.ac.uk/id/eprint/33283 |
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Filename: 2022_BSE_Carbon neutrality drivers and implications for firm performance and SCM.pdf
Licence: Creative Commons: Attribution 4.0