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Engaging with environmental stakeholders: Routes to building environmental capabilities in the context of the low carbon economy
Authors:Polina Baranova  Maureen Meadows
Affiliation:1. Strategic Management, Derby Management School, University of Derby, Derby, UK;2. Strategic Management, Centre for Business in Society, Coventry University, Coventry, UK
Abstract:The transition to a low carbon economy demands new strategies to enable organizations to take advantage of the potential for “green” growth. An organization's environmental stakeholders can provide opportunities for growth and support the success of its low carbon strategies, as well as potentially acting as a constraint on new initiatives. Building environmental capabilities through engagement with environmental stakeholders is conceptualized as an important aspect for the success of organizational low carbon strategies. We examine capability building across a range of sectors affected by the sustainability agenda, including construction, rail, water, and health care. We identify a number of emergent environmental stakeholders and explore their engagement with the development of environmental capabilities in the context of the transition toward a low carbon economy. Our conceptual framework offers a categorization of environmental stakeholders based on their position in relation to a focal organization and the potential for the development of environmental capabilities.
Keywords:
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