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.
Management of Environmental Quality: An International Journal – Emerald Publishing
Published: Aug 9, 2011
Keywords: Climate change; Adaptability; Vulnerability; Innovation; Opportunity; Prioritisation; Impact