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Corporate environmental strategy: a must in the new millennium

Author

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  • Stefano Bresciani
  • Nuno Oliveira

Abstract

For a long time, companies have been unaware of or unconcerned with their activities' consequences to the environment. In the 1990s, however, this narrow-minded attitude seemed to begin changing, as some signs increasingly appeared: overcompliance with regulation standards, voluntary environmental expenditures and agreements with regulators, the appearance of 'green' products, corporate statements on the environment and implementation of environmental management systems, among others. If companies are now taking the environment into account, they probably have an economic pull for doing so. The interaction process with regulators, stakeholders' pressure, corporate reputation enhancement, creation and taking advantage of competitive opportunities, and the view of corporate environmentalism as a strategic issue are the reasons examined here in order to evaluate the potential benefits for environmental integration in companies' management orientation. This article tries to present corporate environmental strategic management as an essential management function because of its ability to minimise costs and risks and enhance (or ensure) companies' value.

Suggested Citation

  • Stefano Bresciani & Nuno Oliveira, 2007. "Corporate environmental strategy: a must in the new millennium," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 1(4), pages 488-501.
    • Handle: RePEc:ids:ijbenv:v:1:y:2007:i:4:p:488-501
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    Citations

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    Cited by:

    1. Sanni, Maruf, 2018. "Drivers of eco-innovation in the manufacturing sector of Nigeria," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 303-314.
    2. João Leitão & Sónia de Brito & Serena Cubico, 2019. "Eco-Innovation Influencers: Unveiling the Role of Lean Management Principles Adoption," Sustainability, MDPI, vol. 11(8), pages 1-27, April.
    3. Niccolò Nirino & Enrico Battisti & Alberto Ferraris & Stefano Dell'Atti & Massimiliano Farina Briamonte, 2022. "How and when corporate social performance reduces firm risk? The moderating role of corporate governance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(6), pages 1995-2005, November.
    4. Gabriele Santoro & Alberto Ferraris & Elisa Giacosa & Guido Giovando, 2018. "How SMEs Engage in Open Innovation: a Survey," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(2), pages 561-574, June.

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