Abstract
Objective: To analyze the relationship between climate change mitigation practices and the performance of Brazilian industrial companies. Theoretical framework: According to Felgenhauer and Webster (2013), mitigation is the reduction of greenhouse gas emissions. Adopting sustainable practices in the context of climate change can influence its position in the market through business reputation and market legitimacy (Brammer & Pavelin, 2006). Method: This study is characterized as exploratory and descriptive with a qualitative and quantitative stage through an e-survey with 39 Brazilian companies in the industrial sector. The independent variables adopted were mitigation practices, and the dependent variables were financial, innovative, production, market, and export performance. Results and conclusion: Existing relationships between mitigation practices and different dimensions of business performance were identified, especially concerning innovation. There is also evidence that actions to control greenhouse gas emissions can lead to financial, image, and productivity gains. Implications of the study: Understanding the mitigation practices adopted by industrial companies contributes to disseminating these practices and can provide a basis for other companies. Moreover, understanding the relevance and benefits of adopting these practices favors mitigating social and environmental impacts on society. Originality/value: Developing a model integrating mitigation practices and business performance can be considered a theoretical contribution, since, in the literature, there are initiatives that treat the themes unilaterally.
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