Decarbonization types of medium‐sized and mid‐cap firms in the manufacturing sector

IF 12.5 1区 管理学 Q1 BUSINESS Business Strategy and The Environment Pub Date : 2024-09-07 DOI:10.1002/bse.3947
Joern Block, Solvej Lorenzen, Holger Steinmetz
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Abstract

The decarbonization of the manufacturing sector is needed to meet the climate goals set by the Paris agreement. Most research so far has focused on large firms. Yet, medium‐sized and mid‐cap firms also face increasing pressures to decarbonize, particularly in their role as suppliers of large firms. Prior research shows that these firms are very heterogeneous and that approaches to decarbonize are not adopted in isolation but within sets or configurations—hence, a detailed investigation of these configurations is fruitful to understand the multiplicity of responses to decarbonization. Such an understanding allows to develop an effective decarbonization policy for medium‐sized and mid‐cap firms and provide meaningful managerial advice. Using a latent‐profile analysis, our study identifies five distinct decarbonization types of medium‐sized firms in the German manufacturing sector that adopt a specific configuration of decarbonization strategies. These types can be described as decarbonization all‐rounders, internal supply chain decarbonizers, total supply chain decarbonizers, decarbonization laggards and decarbonization sceptics. A comparison of these five decarbonization types reveals significant differences in stakeholder pressures, green capabilities and green innovation as well as firm performance and (structural) firm characteristics.
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制造业中型企业的去碳化类型
要实现《巴黎协定》设定的气候目标,就必须实现制造业的去碳化。迄今为止,大多数研究都侧重于大型企业。然而,中型企业和中等市值企业也面临着越来越大的去碳化压力,尤其是作为大型企业的供应商。先前的研究表明,这些公司的情况千差万别,它们采取的去碳化方法也不尽相同,而是在不同的组合或配置中进行--因此,对这些配置进行详细调查有助于了解去碳化对策的多样性。有了这样的认识,就可以为中型企业制定有效的去碳化政策,并提供有意义的管理建议。通过潜在特征分析,我们的研究确定了德国制造业中五种不同的中型企业去碳化类型,它们采用特定的去碳化战略配置。这些类型可被描述为全面去碳化者、内部供应链去碳化者、整体供应链去碳化者、去碳化落后者和去碳化怀疑论者。通过对这五种去碳化类型进行比较,可以发现它们在利益相关者压力、绿色能力和绿色创新以及企业绩效和(结构性)企业特征方面存在显著差异。
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来源期刊
CiteScore
22.50
自引率
19.40%
发文量
336
期刊介绍: Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.
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