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CSR and Climate Change Implications for Multinational Enterprises
Multinational economic actors, particularly corporations, play a defining role in the response to the climate change or warming debate and the emerging scientific consensus. This book describes, explains, and predicts how multinational firms will rise to the multiple challenges posed by global climate issues and the organizational and behavioral various responses of the international corporate community. It focuses on three core research and learning objectives. Firstly, it develops the core idea that multinational enterprises cannot implement meaningful sustainability initiatives without an appropriate governance system and corporate culture. Building on this notion, it addresses the question of environmental sustainability across select industry sectors, such oil and banking. Finally, drawing on a diverse range of contributing experts, it presents select best practices such as the opportunities arising from smart technologies implementation to achieve symbiotic industrial relationships, directed particularly towards the ecological environment of these firms’ transborder operations and global reach.
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Contributors
Contents
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Climate change is one of the most salient challenges expressed in the seventeen interconnected UN Sustainable Development Goals. A greater impetus has emerged in recent years for larger corporations to assume a pivotal role in framing the issues of climate change-focused policy, ensuring environmental sustainability across the value chain and in leading by example with best implementation practices. This collection of leading-edge research addresses the fast-evolving role of multinational enterprises as agents of change in standard development and as diffusers of innovation in solving sustainability problems.
CSR and Climate Change Implications for Multinational Enterprises presents a unique lens to address generic issues and how they manifest and find resolution in various industry sectors, from the perspective of different disciplines ranging from logistics to finance to ethics. Contributors from the United States, Europe and emerging economies offer contrasting views on how corporate social governance best addresses the sustainability implications of climate change, seeking innovative ways to incorporate environmental stewardship in policy design and operational firm-level concerns.
This is a critical resource for both researchers and practitioners, as well as policy makers who focus on sustainability in the corporate contexts. It serves as a fresh reference for graduate level students and academics concerned with global corporate governance in the evolving context of multinationality.
CSR and Climate Change Implications for Multinational Enterprises presents a unique lens to address generic issues and how they manifest and find resolution in various industry sectors, from the perspective of different disciplines ranging from logistics to finance to ethics. Contributors from the United States, Europe and emerging economies offer contrasting views on how corporate social governance best addresses the sustainability implications of climate change, seeking innovative ways to incorporate environmental stewardship in policy design and operational firm-level concerns.
This is a critical resource for both researchers and practitioners, as well as policy makers who focus on sustainability in the corporate contexts. It serves as a fresh reference for graduate level students and academics concerned with global corporate governance in the evolving context of multinationality.
Contributors
Contributors: K. Ahlgren, A. Arora, A. Arora, S. Arora, J. Baddley, L. Bengtsson, S. Bhāle, S. Bhāle, N. Bhasin, A. Brochado, A.A.C. Callado, J.K. Campos, P.A. Cardoso, M.P. Coelho, R. Crichton, M. da Conceição da Costa Marques, T. Houé, S. Ivanaj, V. Ivanaj, S. Kakoty, W.S.W. Kang, R. Leseane, J. Malen, A. Marcus, J.R. McIntyre, P. Molthan-Hill, F. Oliveira-Brochado, A. Patel, M.I. Piecyk, A. Shapiro, P. Shrivastava, J. L. Wadin, T. Walker
Contents
Contents:
Foreword by Florence Legros
Introduction
PART I FRAMING ISSUES FOR A CLIMATE CHANGE-FOCUSED FIRM POLICY DESIGN
1. Business not-as-usual to achieve SDGs under climate change
Paul Shrivastava
2. Slowing climate change: mitigating poverty and environmental degradation via strategic human resource management and responsible leadership
Rohan Crichton, Thomas Walker and Alpna Patel
3. Organizational design thinking for sustainability
Sanjeeb Kakoty
4. Carbon performance of select energy intensive companies in India: a content analysis approach
Niti Bhasin and Sangeeta Arora
5. Toward a stewardship framework of CSR: Levinas and multinational responses to climate change
Alex Shapiro
PART II ENSURING ENVIRONMENTAL SUSTAINABILITY ACROSS INDUSTRY SECTORS
6. Climate change and strategic social responsibility positioning of multinational enterprises in the finance sector
Manuel Pacheco Coelho
7. Evaluating perceived CSR image in Brazil and Portugal in the food and drug retail industry
Ana Brochado, William Saung Woo Kang and Fernando Oliveira-Brochado
8. Sustainable competitiveness: powering ‘sustainability’ through Investors in the Environment initiative at Riverside Bakery
Jerome Baddley, Amit Arora, Anshu Arora, John R. McIntyre, Petra Molthan-Hill and Reginald Leseane
9. Setting a value chain through integrated supply chain in Indian agribusiness – the Indian Tobacco Company way
Sanjay Bhāle and Sudeep Bhāle
PART III BEST IMPLEMENTATION PRACTICES
10. New trends in public accounting in Portugal: the particular case of provisions, contingent liabilities, and contingent assets
Maria da Conceição da Costa Marques
11. Techniques for navigating the risks of investing in cleaner energy technologies
Alfred Marcus and Joel Malen
12. The effects of a maritime cluster on a sustainable Blue Economy
Thierry Houé
13. Transformation of the energy industry – from production and value chain-based toward service and network-based business models: navigating in the new sustainable energy landscape
Jessica Lagerstedt Wadin, Kajsa Ahlgren and Lars Bengtsson
14. The potential strategic role of logistics service providers in extending sustainability to the supply chain
Juliana Kucht Campos, Patrícia Alcântara Cardoso, Antônio Andre Cunha Callado and Maja Izabela Piecyk
Index
Foreword by Florence Legros
Introduction
PART I FRAMING ISSUES FOR A CLIMATE CHANGE-FOCUSED FIRM POLICY DESIGN
1. Business not-as-usual to achieve SDGs under climate change
Paul Shrivastava
2. Slowing climate change: mitigating poverty and environmental degradation via strategic human resource management and responsible leadership
Rohan Crichton, Thomas Walker and Alpna Patel
3. Organizational design thinking for sustainability
Sanjeeb Kakoty
4. Carbon performance of select energy intensive companies in India: a content analysis approach
Niti Bhasin and Sangeeta Arora
5. Toward a stewardship framework of CSR: Levinas and multinational responses to climate change
Alex Shapiro
PART II ENSURING ENVIRONMENTAL SUSTAINABILITY ACROSS INDUSTRY SECTORS
6. Climate change and strategic social responsibility positioning of multinational enterprises in the finance sector
Manuel Pacheco Coelho
7. Evaluating perceived CSR image in Brazil and Portugal in the food and drug retail industry
Ana Brochado, William Saung Woo Kang and Fernando Oliveira-Brochado
8. Sustainable competitiveness: powering ‘sustainability’ through Investors in the Environment initiative at Riverside Bakery
Jerome Baddley, Amit Arora, Anshu Arora, John R. McIntyre, Petra Molthan-Hill and Reginald Leseane
9. Setting a value chain through integrated supply chain in Indian agribusiness – the Indian Tobacco Company way
Sanjay Bhāle and Sudeep Bhāle
PART III BEST IMPLEMENTATION PRACTICES
10. New trends in public accounting in Portugal: the particular case of provisions, contingent liabilities, and contingent assets
Maria da Conceição da Costa Marques
11. Techniques for navigating the risks of investing in cleaner energy technologies
Alfred Marcus and Joel Malen
12. The effects of a maritime cluster on a sustainable Blue Economy
Thierry Houé
13. Transformation of the energy industry – from production and value chain-based toward service and network-based business models: navigating in the new sustainable energy landscape
Jessica Lagerstedt Wadin, Kajsa Ahlgren and Lars Bengtsson
14. The potential strategic role of logistics service providers in extending sustainability to the supply chain
Juliana Kucht Campos, Patrícia Alcântara Cardoso, Antônio Andre Cunha Callado and Maja Izabela Piecyk
Index
