1,720,983 research outputs found
Managing physical impacts of climate change: How awareness and vulnerability induce adaptation
No full textWhile business tends to be seen a substantial factor in causing climate change, climate-induced physical changes can also pose major challenges to firms in return. Firms can reduce their vulnerability to these changes by implementing anticipatory adjustments (adaptation) or by trying to absorb and recover from weather and climate events (resilience). Based on an empirical analysis of the oil and gas industry, this paper examines how the way firms make sense of climate stimuli in terms of awareness and vulnerability to these stimuli informs their strategic measures to adapt and become more resilient to climate-induced physical change. In the empirical analysis, the paper derives four main types of adaptation behaviour – pre-emptive, reactive, continuous and deferred adaptation – that correspond with different degrees of awareness and vulnerability. It also explores the relevant firm and context-specific features that affect awareness, vulnerability assessment, and subsequent adaptation measures. The findings suggest that the type of physical change, the sources of information used, the ecological embeddedness, and the potential financial implications seem to have the most distinctive influence on the measures firms take to cope with physical impacts. The paper concludes with implications for research, management practice, and policymakers
The influence of green practices and green image on customer satisfaction and word-of-mouth in the hospitality industry
Full text linkFrame of the research: As sustainability aware consumers represent a substantial market segment, green practices and green positioning are becoming strategic to enhance competitive advantage.
Purpose of the paper: This study investigates whether the presence of green practices or a green image in the accommodation sector influences customer satisfaction and eWOM and whether this differs between different accommodation categories.
Methodology: The TripAdvisor reviews of 1701 Italian hospitality business were analysed using descriptive and inferential statistics.
Results: Accommodation facilities with green practices present high scores in guest satisfaction and eWOM, particularly those with a green image. The differences in customer satisfaction between accommodation types is smaller for businesses with a green image. B&Bs, agritourism facilities, and other accommodation facilities, even those without a green image, can rely on green practices to increase customer satisfaction and eWOM.
Research limitations: We considered the use of green features in the name of the accommodation facility as a proxy for sustainability alignment. Customer satisfaction could be affected by other variables. The sub-sample of “green name” companies is limited. The size and age of the accommodation facility could impact the number of reviews.
Practical implications: Our results provide valuable insights into the determinants of customer satisfaction and intention to review a green practice and suggest the need to communicate a green orientation.
Originality of the study: Our study extends the investigation to different accommodation types; considers the green image of the accommodation facilities rather than green certification; compares customer satisfaction and eWOM with or without a green image by accommodation type
How can Local Authorities Participate in Kyoto Actions?
No full textAs GHG emissions from human activities are now
recognized as a primary cause of global warming,
mitigation policies focus on enhancing reductions in
most emitting sectors through a wide range of policies
and mechanisms. In the EU, the Energy and Climate
Package articulates a set of reduction objectives for
Member States. The EU ETS addresses industrial and
energy sectors, corresponding to almost 40% of EU
emissions. Under the so-called Effort Sharing Decision,
Member States have taken on binding annual targets
for reducing their GHG emissions in sectors not
covered by the EU ETS, such as housing, agriculture,
waste and transport (excluding aviation). Therefore,
the role of non-ETS quotas and voluntary initiatives
in these sectors (corresponding to almost 60% of
emissions) is crucial in respecting the assigned national
amounts. This article focuses on the possible role of
local authorities in meeting non-ETS climate goals
within the EU
Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation
Full text linkBased on a study of the oil and gas industry, this article examines how physical impacts of climate change become events that firms notice and interpret in a way that leads to an active response to adapt to these impacts. Theoretically, the study draws on the attention-based view to highlight the potential biases that might occur as a consequence of firms’ preconceptions as well as organizational structure and context. In the empirical analysis, the article derives a model that explains the influence of the attentional process on how awareness and perceived vulnerability lead firms to adopt either routine or non-routine measures to adapt to climate change. The article also explores the relevant underlying factors of awareness and perceived vulnerability. The findings suggest that how firms channel attention to climate events has a distinctive influence on the measures firms take to cope with physical impacts. The article concludes with implications for research, management practice, and policy makers
Managing Physical Impacts of Climate Change: An Attentional Perspective on Corporate Adaptation
No full textBased on a study of the oil and gas industry, this article examines how
physical impacts of climate change become events that firms notice and
interpret in a way that leads to an active response to adapt to these impacts.
Theoretically, the study draws on the attention-based view to highlight the
potential biases that might occur as a consequence of firms’ preconceptions
as well as organizational structure and context. In the empirical analysis, the
article derives a model that explains the influence of the attentional process
on how awareness and perceived vulnerability lead firms to adopt either
routine or non-routine measures to adapt to climate change. The article
also explores the relevant underlying factors of awareness and perceived
vulnerability. The findings suggest that how firms channel attention to
climate events has a distinctive influence on the measures firms take to cope
with physical impacts. The article concludes with implications for research,
management practice, and policy maker
Corporate adaptation behaviour to deal with climate change: The influence of firm-specific interpretations of physical climate impacts
No full textWhile business tends to be seen as a substantial factor in causing climate change, climate-induced physical changes can also pose major challenges to firms in return. Firms can reduce their vulnerability to these changes by defining and implementing an adaptation strategy. Based on an empirical analysis of the oil and gas industry, this paper examines how the way firms interpret climate events in terms of awareness and vulnerability informs their measures to adapt to climate-induced physical change. In the empirical analysis, the paper derives four types of adaptation behaviour – pre-emptive, reactive, continuous, and deferred adaptation – that correspond with different degrees of awareness and vulnerability. The paper concludes with implications for management practice and policymakers
The Role of Past Experience with a Single Climate Physical Risk in Adaptation Response to Multiple Climate Physical Risks: A Multiple Case Study of Italian Companies
Full text linkWith the increasing occurrence and intensity of weather and climate extremes, adaptation to climate change has become an imperative for all the societal actors, including companies. Business adaptation behavior is influenced by specific internal and external conditions. Based on a multiple case study of Italian companies within the project Life IRIS (Improve Resilience of Industry Sector), the paper examines the interaction of multiple physical risk drivers and organizational factors that trigger a change in the adaptation behavior of companies to climate change, from a deferred behavior to a reactive one and, then, to a pre-emptive behavior over time. In particular, the study shows how past experience with a single climate event can trigger a comprehensive strategy to deal with multiple climate events. Implications for management practice and policymakers are discussed at the end of the paper
Reward based mechanisms for the participation of local authorities in climate mitigation
Full text linkSeveral policies and measures can be defined and implemented by local authorities to tackle climate change, such as
those regarding the building, transportation and energy sectors. However, financial barriers often keep municipalities
from getting involved in mitigation policies. This paper analyzes economic incentives for cities to make progress towards
a low-carbon future. Within the LAIKA project, four Italian cities tested a methodological approach aimed to
homogenize carbon accounting and to build up measures verifiable and eligible to gain carbon credits. These carbon
credits have been exchanged in a simulated voluntary market and valorized with the allocation of regional funding. The
results point out a certain limitation in the participation of local authorities to voluntary markets while highlighting the
feasibility and the benefits both in environmental and economic terms of the valorization of carbon credits in regional
funding. The paper concludes with some policy implications
The Role of Sustainable Entrepreneurs within Sustainable Energy Action Plans
No full textSustainable entrepreneurs are assumed to have a catalytic role in sustainable development, new ventures in the early stages and incumbent firms in the following stages. However, some studies argue that such radical shifts are unlikely to succeed without parallel political actions. This is particularly suiting in the case of energy sector and the transition to a low- carbon economy through renewable energy. Therefore, another stream of literature suggests to study sustainable entrepreneurship in a wider context with encompasses socio-ecological system. Then, there can be rooms for policy influencing new sustainable ventures with the aim of developing sustainable corporate cultures from the outset. Our study on the role of sustainable entrepreneurs within Sustainable Energy Action Plans show that incumbents firms are engaged in sustainable development in early stages as well as new ventures and that there is a mutual interplay between sustainable entrepreneurs and public institutions towards sustainable development. In other words either firms have an active role in triggering transition to sustainable development (i.e. institutional push) or are beneficiaries of public policies aimed at reshaping the local context towards sustainable development (institutional pull)
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