Business Strategy and The Environment最新文献

{"title":"Silos and Sustainability: How the Permeability of Organizational Boundaries Shapes Corporate Sustainability Integration","authors":"Esben Rahbek Gjerdrum Pedersen, Luigi Tiburzi, Francesco Rosati, Roberta Costa, Armando Calabrese","doi":"10.1002/bse.4302","DOIUrl":"https://doi.org/10.1002/bse.4302","url":null,"abstract":"The aim of this study is to examine how the permeability of organizational boundaries shapes corporate sustainability (CS) integration. The literature suggests that CS should be integrated throughout the organization and in its relationships with key, external stakeholders, but limited knowledge exists on the relationship between CS integration and the characteristics of the multiple, co‐existing boundaries which define the organization (hierarchies, functions, professions, etc.). Based on a partial least squares structural equation modeling (PLS‐SEM) analysis of survey responses from over 7000 organization members in three Nordic countries (Denmark, Norway, and Sweden), this study demonstrates that the permeability of organizational boundaries increases the level of CS integration and reduces the level of organizational tensions. Moreover, the findings show that boundary permeability becomes increasingly important for understanding CS integration as the size of the organization increases. The findings deepen our knowledge of organizational boundaries and show how these “sites of difference” influence the level of CS integration.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"108 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143853395","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Environmental Policy and the Circular Economy Adoption: An Empirical Study of Manufacturing Companies","authors":"Marek Ćwiklicki, Barbara Pawełek","doi":"10.1002/bse.4299","DOIUrl":"https://doi.org/10.1002/bse.4299","url":null,"abstract":"This study investigates the relationship between the environmental policy and manufacturing companies' adoption of a circular economy (<jats:sc>CE</jats:sc>). By examining environmental policy through the lens of <jats:sc>CE</jats:sc> strategies and environmental management systems (EMSs), the research highlights their correlation with the intensity of realised <jats:sc>CE</jats:sc> practices, positioning them as key antecedents of the circular transition. Based on a representative sample of 1200 manufacturing firms in Poland's Malopolska region, the analysis uses measures of association strength, significance testing, residual analysis and variable aggregation. Our findings reveal that possessing a strategy and EMS correlates with a higher number of <jats:sc>CE</jats:sc> practices. EMS is also related to the minimisation of industrial waste and energy‐savings. This paper provides novel insights into the role of environmental policies in enabling the successful adoption of <jats:sc>CE</jats:sc> principles among small‐ and medium‐sized enterprises (SMEs), addressing critical gaps in the literature, driving sustainable industrial transformation and offering actionable insights for practitioners.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"108 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143849673","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Sustainable Energy Provision at the Bottom of the Pyramid: Blueprint for Early Repurposing Business Models Using Second‐Life Batteries","authors":"Arne Jeppe, Heike Proff","doi":"10.1002/bse.4305","DOIUrl":"https://doi.org/10.1002/bse.4305","url":null,"abstract":"This study presents a blueprint for an early‐stage business model focused on repurposing second‐life electric vehicle (EV) batteries for solar‐energy storage in Bottom of the Pyramid (BoP) markets. Addressing the critical need for affordable and sustainable energy solutions there, the research integrates principles of strategic and innovation management, international management at the BoP, and management for the circular economy. The proposed framework of an early repurposing business model highlights four key design themes: novelty, efficiency, complementarity, and lock‐in, tailored to the unique challenges and opportunities in these markets. A case study on two remote villages in the Brazilian Amazon deepens our blueprint for an early repurposing business model at the BoP.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"10 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143849674","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Audit Committees and the Quality of Standalone Sustainability Reporting, Considering the Moderating Role of External Assurance: Evidence From the Global Chemical Industry","authors":"Krayyem Al‐Hajaya, Eba'a Amjed Almahameed, Nedal Sawan, Mohammad Saleh Altarawneh, Ahmed Eltweri, Rami Salem","doi":"10.1002/bse.4297","DOIUrl":"https://doi.org/10.1002/bse.4297","url":null,"abstract":"Sustainability reporting and its assurance are increasingly becoming globally mandatory, alongside the issuance of international standards for sustainability assurance aimed at boosting the confidence and trust of investors, regulators and other stakeholders in sustainability‐related disclosures. The objective of this paper is to investigate how the interplay between external assurance and an effective audit committee (AC) might influence the quality of GRI standalone sustainability reporting. Using the GRI Standards (2016), a disclosure index with 32 items referring to six quality indicators was developed to assess the quality of the sustainability reports of 104 chemical firms from 36 countries for the years 2020, 2021 and 2022. Our panel regression showed that increased numbers of AC members, along with their higher levels of independence, directly improve the quality of sustainability reporting. However, when external assurance is involved as a moderating variable, sustainability reporting quality is further enhanced by smaller AC size, greater sustainability expertise and a higher proportion of female AC members. This study makes an original contribution by addressing a gap in the literature regarding the impact of AC sustainability expertise, as well as the moderating role of external assurance on the relationship between AC characteristics and the quality of sustainability reports. The research provides a valuable assessment tool for chemical firms to benchmark the quality of their sustainability reporting and offers insights for shaping sustainable business strategies. The findings will help raise awareness among regulators, policymakers and industry stakeholders about the need to incorporate sustainability experts, achieve better gender balance in AC and engage external auditors in the sustainability reporting process.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"108 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143836985","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Utilising Artificial Intelligence to Enhance Firm Circular Economy Maturity: A Thematic Review via Machine Learning","authors":"Donghao Huang, Yuanzhu Zhan, Chris Lonsdale","doi":"10.1002/bse.4291","DOIUrl":"https://doi.org/10.1002/bse.4291","url":null,"abstract":"Despite the environmental imperative of a transition to a circular economy (<jats:sc>CE</jats:sc>), the current literature finds that globally firms are being slow to engage with such a transition. In this context, our thematic review explores how artificial intelligence (AI) might accelerate firm <jats:sc>CE</jats:sc> transition. In a departure from the dominant approach that adopts the product life cycle as the unit of analysis, the authors contribute to the literature by framing the potential of AI in terms of how it might accelerate greater <jats:sc>CE</jats:sc> maturity on the part of firms. A maturity model is advanced, identifying four stages of firm <jats:sc>CE</jats:sc> maturity, and then, different AI techniques are applied to each of the stages, providing guidance to adopting the correct AI technique for each stage in the maturity journey. The paper makes a further contribution to the literature by utilising a novel literature review method, whereby the authors themselves utilise AI in the form of a machine learning algorithm that optimises manual classification outcomes. This method provides greater objectivity to a review of 601 papers and reveals its future research potential.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"238 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143832463","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Transforming Organizational Readiness Into Green Innovation: The Crucial Roles of Green Knowledge Management and Environmental Culture","authors":"Asier Baquero","doi":"10.1002/bse.4289","DOIUrl":"https://doi.org/10.1002/bse.4289","url":null,"abstract":"Grounded in the resource‐based view and dynamic capabilities theory, this study investigates the interplay between organizational readiness (OR), green knowledge management (GKM) and environmental organizational culture (EOC) in fostering green innovation (GI). This study uses data collected from 340 respondents across 159 UAE SMEs and employs a quantitative approach using partial least squares structural equation modeling and moderated mediation analysis. The findings revealed that OR significantly influenced both radical and incremental GI. Additionally, GKM mediates the relationship between OR and both GI types. EOC was found to strengthen the positive effect of GKM on radical GI but not on incremental GI. Furthermore, the conditional indirect effects show that the mediating effect of GKM on the relationship between OR and radical GI is more pronounced when EOC is high, whereas this effect does not hold for incremental GI. These results provide critical insights for practitioners and policymakers. Organizations are encouraged to enhance readiness, implement robust GKM practices and foster a strong environmental culture to drive sustainable innovation. This study contributes to the theoretical framework of RBV and dynamic capabilities by elucidating the interconnected roles of OR, GKM and EOC in driving GI.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"27 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143827259","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Circular Economy in the Construction Industry: Barriers and Drivers for the Implementation of Circularity in Family‐Owned Construction Companies in Germany","authors":"Elena Elisabeth Vollmers, Thomas B. Long","doi":"10.1002/bse.4296","DOIUrl":"https://doi.org/10.1002/bse.4296","url":null,"abstract":"The circular economy can enhance business sustainability, but its implementation requires the integration of circularity into business models. Circular business model innovation (CBMI) is complex, influenced by multiple barriers and drivers. This research conducts a qualitative case study via semistructured interviews to explore CBMI within the German construction industry and family‐owned businesses. While findings resonate with existing literature, the context of the construction industry and of family ownership introduces specific dynamics. For instance, we find that family ownership can act as both a driver and a barrier to CBMI, fostering long‐term strategic vision while simultaneously reinforcing conservative tendencies, hindering change. Additional notable results include the importance of intergenerational knowledge transfer, an emphasis on slowing resource loops due to long building lifecycles (50–100 years), and the opportunities presented through lobbying efforts to shape policy and industry standards. Accordingly, these interactions necessitate tailored strategies for successful circular transitions.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"6 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143832503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Are Retail Consumers Willing to Pay for All Circular Products? A Study on Consumer Perception of the Circular Economy in Retail","authors":"Agnes Toth‐Peter, Sadia Cheema, Rui Torres de Oliveira, Tam Nguyen","doi":"10.1002/bse.4269","DOIUrl":"https://doi.org/10.1002/bse.4269","url":null,"abstract":"The planetary crisis, stemming from overconsumption and unsustainable production patterns, necessitates a shift towards balanced economic, environmental and social growth. The circular economy presents a promising solution by promoting material recirculation. While its success relies on collaboration among various stakeholders, consumers are crucial for accepting circular economy products and business models. However, despite increasing environmental awareness, the literature shows that many consumers resist purchasing previously used products due to perceived inferiority, risk and low quality, which could hinder the adoption of circular economy products. Understanding consumer behaviour, particularly their willingness to buy and pay for circular economy products, is essential for businesses seeking to promote sustainable consumption and achieve market growth. This study investigates consumer perceptions of circular economy, using simplified terms of reused, recycled and recovered, across 11 product categories through a quantitative survey of 607 Australian respondents. The results indicate that personal financial benefits are prioritised over ecological reasons, and there is variability in perceived product performance across categories. Additionally, price sensitivity and affordability play a key role in consumer decision‐making. Notably, while younger and male consumers show a greater inclination to purchase circular economy products, the broader consumer base remains unwilling to pay a premium. These insights can guide businesses and policymakers in developing targeted strategies emphasising price, functionality and quality to enhance consumer acceptance and adoption of circular economy products. We advance theory by demonstrating that consumer decisions are primarily driven by personal financial savings, rather than ecological or social benefits, challenging the prevailing assumption in literature that environmental and social motivations are the key drivers of sustainable consumption, even in developed economies. We also emphasise the need for theories to account for significant variability in perceived product performance across categories when investigating willingness to pay for circular economy products.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"105 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143832126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Corporate Climate Risk and Membership of Emission Trading Schemes","authors":"Gbenga Adamolekun, Ammar Ahmed, Nana Abena Kwansa, Rodiat Lawal, Rilwan Sakariyahu","doi":"10.1002/bse.4286","DOIUrl":"https://doi.org/10.1002/bse.4286","url":null,"abstract":"Using a sample of 5364 firms from 65 countries, we demonstrate that membership in the scheme increases firm climate risk. Further analysis reveals that the positive impact of membership on climate risk is pronounced among firms in carbon‐intensive industries. Our findings demonstrate that continental differences and legal origin could moderate or exacerbate the relationship between emission trading schemes (ETSs) and corporate climate risk. Similarly, the positive relationship between ETSs and corporate climate risk is only significant in the period after the Paris Agreement. This indicates that public interest in climate change discussions may have driven membership in the initiative rather than reflecting a real commitment to reducing carbon emissions. Additionally, we show that membership has short‐ to medium‐term effects on corporate climate risk. Our results are robust to a battery of tests such as propensity score matching (PSM) and generalized method of moments (GMM).","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"38 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143827195","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Pathways to a Sustainable Blue Economy: Exploring Its Barriers in an Emerging Economy","authors":"Koppiahraj Karuppiah, Jose Arturo Garza‐Reyes, Naveen Virmani","doi":"10.1002/bse.4294","DOIUrl":"https://doi.org/10.1002/bse.4294","url":null,"abstract":"A sustainable blue economy is primarily intended for responsible consumption of ocean resources, achieving economic growth, and strengthening the overall ecosystem. The roots of the blue economy are embedded in sustainable development, exploiting opportunities for economic welfare and growth, simultaneously focusing on conserving marine health. A sustainable blue economy helps protect and restore ocean health and its ecosystem, facilitating biodiversity and reducing environmental degradation. Moreover, it provides sustainable ways for social well‐being by supporting the livelihood of the people living in nearby areas. However, adopting a blue economy is complex, as highlighted in the literature. Therefore, in the presented research, the barriers to adopting a blue economy are investigated using scholarly research and verified using expert opinions. Moreover, we used a hybrid approach in this proposed research, a Fermatean Fuzzy Set‐based Analytic Hierarchy Process (AHP), and a Decision‐Making Trial and Evaluation Laboratory (DEMATEL). The research results show that the marine environment and technological infrastructure are the most significant barriers. The research results are highly insightful for business professionals, policymakers, and researchers trying to adopt sustainable blue economy practices successfully. Also, it will mitigate environmental issues, improve ocean health, and improve sustainable fisheries and aquaculture.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"183 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143827201","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}