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Business in climate or climate in business

Business in climate or climate in business Purpose The aim of this paper is to present a new methodological approach to help companies improve their decisiontaking capacity regarding corporate social responsibility CSR in the context of climate change CC.Designmethodologyapproach The study was conducted by combining a wide variety of sources including articles and research reports. Taking into account the complexity of adapting in a context of climate change, the paper developed a simplified conceptual model that integrates multicriteria analysis. A vulnerability matrix was generated as a combination of adaptive capacity, exposure and sensitivity and how to measure the magnitude, persistence, uncertainty, temporality, degree of importance in combination with the impacts.Findings The first results reveal that activities related to water resources or natural ecosystems are more important than those related to energy or tourism sectors, and that there is a relationship between opportunities and adaptation needs.Practical implications The paper documents the inverse relationship between adaptation measures and opportunities in a study that may be a startingpoint for further research into empirical observations of sector vulnerability and the impact and integration of the factor of resilience.Originalityvalue The paper provides a common language to use in the business world for concepts related to climate change. It provides a methodological approach for finding solutions to the problem of resource optimisation in companies and helps to find new business opportunities for sectors. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Management of Environmental Quality: An International Journal Emerald Publishing

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1477-7835
DOI
10.1108/14777831111159752
Publisher site
See Article on Publisher Site

Abstract

Purpose The aim of this paper is to present a new methodological approach to help companies improve their decisiontaking capacity regarding corporate social responsibility CSR in the context of climate change CC.Designmethodologyapproach The study was conducted by combining a wide variety of sources including articles and research reports. Taking into account the complexity of adapting in a context of climate change, the paper developed a simplified conceptual model that integrates multicriteria analysis. A vulnerability matrix was generated as a combination of adaptive capacity, exposure and sensitivity and how to measure the magnitude, persistence, uncertainty, temporality, degree of importance in combination with the impacts.Findings The first results reveal that activities related to water resources or natural ecosystems are more important than those related to energy or tourism sectors, and that there is a relationship between opportunities and adaptation needs.Practical implications The paper documents the inverse relationship between adaptation measures and opportunities in a study that may be a startingpoint for further research into empirical observations of sector vulnerability and the impact and integration of the factor of resilience.Originalityvalue The paper provides a common language to use in the business world for concepts related to climate change. It provides a methodological approach for finding solutions to the problem of resource optimisation in companies and helps to find new business opportunities for sectors.

Journal

Management of Environmental Quality: An International JournalEmerald Publishing

Published: Aug 9, 2011

Keywords: Climate change; Adaptability; Vulnerability; Innovation; Opportunity; Prioritisation; Impact

References