Business Climate Change Engagement: Stakeholder Collaboration in Multi-stakeholder Networks

Abstract

This article focuses on sustainability management and climate change engagement through stakeholder collaboration. Addressing climate change requires collaboration among various stakeholders from businesses, governments, and civil society. This article examines a multi-stakeholder network aiming to generate innovative approaches to climate change. The life cycle model of multi-stakeholder networks is utilized to examine how stakeholder collaboration is used to define and plan for climate change engagement in business organizations. The findings suggest that informal and open-ended networks provide significant benefits by fostering learning and innovation when striving to address complex sustainability issues. This article concludes that because sustainability management is a delicate issue, an open-ended network may serve not only to reveal and enhance the particular sustainability interest of different participants but also to create joint interest. In turn, this may promote engagement with complex sustainability issues and sustainable value creation to all involved stakeholders.