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It is apparent that environmental issues affect the livelihoods and well being of individuals, communities and businesses the world over. In that vein, this book examines the impact that climate change and other environmental factors have on business. The effect of climate change, while a significant factor, will influence business slowly, but inexorably. Executives should manage environmental risk at three levels: regulatory compliance, potential liability from industrial accidents, and pollutant release mitigation.Companies that are proactive in mitigating their exposure to climate-change risks will not only generate new profitable opportunities, but also gain competitive advantage over their rivals in a carbon-constrained future. Enhancing Global Competitiveness through Sustainable Environmental Stewardship provides frameworks for identifying how climate change might affect a business, and suggests strategy guidelines to manage the risks and seek opportunities.This seminal collection of research will be of particular interest to students and scholars of sustainability studies, business and management, and business professionals concerned with the role they will play in the changing and challenging times that lie ahead for business growth and environmental consciousness.
Edited by Subhash C. Jain, University of Connecticut and Ben L. Kedia, University of Memphis, US
Contents:PrefacePART I: PERSPECTIVES ON SUSTAINABILITY1. Climate Change and Global Business: Challenges, Opportunities and Research GuidelinesSubhash C. JainPART II: UNDERSTANDING SUSTAINABILITY CONCERNS2. Sustainable Enterprises: Addressing Management Challenges in theTwenty-first CenturyPaul Shrivastava and Raymond Paquin3. Globalization, Environmental Sustainability, and System EquilibriumJohn Alexander4. Institutions, MNEs, and Sustainable DevelopmentBen L. Kedia, Jack Clampit and Nolan Gaffney5. The Effect of Technology Type on the Adoption and Effectiveness of Global Environmental StandardsGlen Dowell and Ben LewisPART III: STRATEGIC APPROACHES TO SUSTAINABILITY6. The Global Reporting Initiative: Collaboration and Conflict in theDevelopment of Non-Financial ReportingDavid L. Levy and Halina Szejnwald Brown7. Driving to Distraction or Disclosure? Shareholder Activism, Institutional Investors and Firms’ Environmental TransparencyR. Scott Marshall, Darrell Brown and Marlene Plumlee8. Dynamic Networks and Successful Social Action: A Theoretical Framework to Examine the Coca-Cola Controversy in Kerala, IndiaSridevi Shivarajan9. How Can Sustainable Environmental Stewardship Enhance Global Competitiveness?Irene HenriquesIndex