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Towards sustainable enterprises: the impact factor of climate change for corporate responsibility and performance

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  • Yen-Lin Chiu

Abstract

This paper discusses the growing role and impact of climate change for companies in the European Union (EU) from an entrepreneurial perspective. Based on the premise that effective climate solutions should ideally be developed within the business environment, the objective of this article is to explore legal ways and methods that lead towards more sustainable enterprises. The following study presents the main features of the EU regulatory framework by reviewing the relevant laws that apply during various stages of a company and thereby evidences how climate considerations can become an integral part of successful management concepts. Also taking into account international trends, the contribution thus highlights the broader implications of climate change as an emerging key factor for corporate responsibility and performance. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Yen-Lin Chiu, 2015. "Towards sustainable enterprises: the impact factor of climate change for corporate responsibility and performance," European Journal of Law and Economics, Springer, vol. 40(2), pages 341-365, October.
    • Handle: RePEc:kap:ejlwec:v:40:y:2015:i:2:p:341-365
    DOI: 10.1007/s10657-012-9364-x
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    References listed on IDEAS

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    1. Andenas,Mads & Wooldridge,Frank, 2009. "European Comparative Company Law," Cambridge Books, Cambridge University Press, number 9780521842198.
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    4. Myles Allen, 2003. "Liability for climate change," Nature, Nature, vol. 421(6926), pages 891-892, February.
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    6. Joseph G. Haubrich & Andrew W. Lo, 2012. "Introduction to "Quantifying Systemic Risk"," NBER Chapters, in: Quantifying Systemic Risk, pages 1-10, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    European Union; Company law; Climate change; Sustainable enterprise; Corporate responsibility; Business management; K2; K 32; M14;
    All these keywords.

    JEL classification:

    • K2 - Law and Economics - - Regulation and Business Law
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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