Examining the drivers and outcomes of corporate commitment to climate change action in European high emitting industry
基于对欧洲高排放行业的问卷调查,发现商业驱动因素和利益相关者压力能提升企业对气候变化行动的承诺,进而改善温室气体绩效,但可持续发展驱动因素作用不显著。
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.