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Climate Change and the Governance of Corporations - Lessons from the Retail Sector (Hardcover)
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Climate Change and the Governance of Corporations - Lessons from the Retail Sector (Hardcover)
Series: The Responsible Investment Series
Expected to ship within 9 - 15 working days
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Climate change represents the most important environmental
challenge of our time. Organisations are responding by implementing
governance processes and taking action to reduce their own
emissions and the emissions from their supply chains and value
chains. Yet very little is known about how these efforts contribute
to reducing greenhouse gas emissions (if, indeed, they make any
substantive contribution at all) or about how they might be
harnessed to deliver more ambitious reductions in emissions. This
book explains when and where particular forms of governance
intervention - including internal governance processes and external
governance pressures - are likely to impact climate change. From
this analysis, it offers practical proposals on the climate policy
frameworks that need to be in place to facilitate or accelerate
changes in corporate behaviour. The book is truly global: it
focuses on the world's 25 largest retailers (including Walmart,
Tesco, Carrefour, Sears and Aldi) and is based on detailed
interviews with senior managers from these corporations, and with
key global and national NGOs, corporate responsibility experts,
politicians and regulators. These interviews provide clear insights
into how external governance pressures and actions (public opinion,
regulation, incentives) interact with internal governance
conditions (management systems and processes, corporate policies,
board/CEO leadership) to change and shape corporate actions on
climate change and, in turn, the climate change impacts of these
corporations. This book can be used as a core reference for any
courses dealing with corporate governance and business strategy, in
particular those relating to climate change and to environmental
management more generally. It is also of relevance to business
practitioners, public policy makers, investors and NGOs interested
in ensuring that companies play a constructive role in the
transition to a low-carbon economy.
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