CSR and Climate Change Implications for Multinational Enterprises
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CSR and Climate Change Implications for Multinational Enterprises

Edited by John R. McIntyre, Silvester Ivanaj and Vera Ivanaj

Multinational economic actors, particularly corporations, play a defining role in the response to the climate change or warming debate and the emerging scientific consensus. This book describes, explains, and predicts how multinational firms will rise to the multiple challenges posed by global climate issues and the organizational and behavioral various responses of the international corporate community. It focuses on three core research and learning objectives. Firstly, it develops the core idea that multinational enterprises cannot implement meaningful sustainability initiatives without an appropriate governance system and corporate culture. Building on this notion, it addresses the question of environmental sustainability across select industry sectors, such oil and banking. Finally, drawing on a diverse range of contributing experts, it presents select best practices such as the opportunities arising from smart technologies implementation to achieve symbiotic industrial relationships, directed particularly towards the ecological environment of these firms’ transborder operations and global reach.
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Chapter 4: Carbon performance of select energy intensive companies in India: a content analysis approach

Niti Bhasin and Sangeeta Arora

Abstract

Climate change and its ramifications have made it necessary for the global economy to transit to a low-carbon economy characterized by constraints on greenhouse gas (GHG) emissions. In this transition, business firms have a primary role to play by assuming greater environmental responsibility and by adopting a variety of low-carbon activities and strategies. Using publicly available information, this study explores the carbon performance of select energy-intensive companies in India spanning different industries. The range of distinct and diverse low-carbon measures and strategies being adopted by these companies have been identified using content analysis. Employing content analysis on information contained in companies’ websites, annual reports, and sustainability reports to various agencies, we cluster their low-carbon measure into broader low-carbon strategies based on the objectives being pursued.

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