The impact of the Covid‐19 pandemic on the environmental sustainability strategies of listed firms in Sweden
通过两次问卷调查，研究了新冠疫情对瑞典上市公司环境可持续性战略的影响，发现多数企业视疫情为强化环境战略的机遇，但经济衰退导致资源从环境可持续性领域转移。
Abstract How macroeconomic crises affect firms' environmental sustainability strategies is an open question. We study the impact of the Covid‐19 pandemic on the environmental sustainability strategies of firms listed on the OMXNasdaq stock exchange in Sweden. The analysis is based on a survey distributed twice, once during the summer of 2020 and once during the summer of 2021 with detailed questions related to the firms' environmental strategies. We find that most firms view the pandemic as an opportunity to strengthen their environmental strategies. However, we also find that the economic downturn caused most firms to redirect scarce resources away from environmental sustainability. We also find that firms which had adopted the Taskforce on Climate‐Related Financial Disclosures were less likely to divert resources. These short‐term results indicate that the pandemic will not enhance firms' environmental sustainability practices in the future.