The international debate on addressing global climate change increasingly points at the role that companies can play by using their innovative capacity. However, up till now companies have been rather cautious in taking decisive steps in facilitating an innovation-based transition towards a...

Climate change is seen as the most pressing environmental problem of our time by many companies, policymakers and other stakeholders. It is currently also at the forefront of attention in view of attempts to conclude a successor to the Kyoto Protocol that expires in 2012. In bail-out plans and...

Behind pessimistic expectations regarding the future of an international climate treaty, substantial changes can be observed in company positions. Multinationals in the oil and car industries are increasingly moving toward support for the Kyoto Protocol, and take measures to address climate...

This paper explores whether and how an important environmental issue such as climate change can give MNEs not only the opportunity to develop 'green', firm-specific advantages (FSAs), but also help reconfigure key FSAs that are viewed as the main sources of firms' profitability, growth and...

The strategic management of corporate sustainability tends to be approached from one theoretical perspective simultaneously in academic research and publications in mainstream journals. In corporate practice, however, a sustainability issue has different dimensions that cannot be captured if...

This paper explores the international dimensions of multinationals' corporate political activities, focusing on an international issue - climate change - that is being implemented differently in a range of countries. Analyzing data from FT Global 500 firms, it examines the influence on types and...

In the absence of sufficient support for the Kyoto Protocol, the international policy arena on climate change is far removed from being a 'level playing field'. Companies thus face much uncertainty about the competitive effects of the Protocol and (upcoming) regulatory measures. This means that...

This overview chapter presents the main factors relevant to multinationals and climate change, considering particularly those that play a role at the sector, firm and country levels. It summarizes the main elements that influence multinationals positions and strategies on climate change and that...

Multinational enterprises (MNEs) are increasingly facing global environmental issues which require coordinated market and non-market strategic responses. This article analyses the strategic responses by US and European multinational enterprises in the oil industry to the global climate change...