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Jonatan M. Pinkse

Business Responses to Global Climate Change

This research project studies the evolution and determinants of corporate climate strategies of multinationals. Since most companies are affected by global climate change in a direct or indirect way, a range of strategies are emerging to mitigate climate change. These strategies are not only of a political nature (e.g. influencing government institutions), but also of a competitive nature. The aim is to introduce a typology of corporate climate strategies, paying specific attention to the market components related to climate change. More and more, multinationals’ actions in reducing greenhouse gas emissions are aimed at achieving a sustained competitive advantage in addition to compliance with government regulation. What factors determine these market strategies for climate change will be explored in a theoretical framework based on institutional theory and the resource-based view of the firm.

Date of defence: 27/04/2006