Corporate Responses to Climate Change-Free-Samples for Students

Question: Discuss about the Governance of Corporate Of Corporate Responses to Climate Change. Answer: This article is a critical review of the article by Sullivan R and Gouldson, A 2017 on the The Governance of Corporate Responses to Climate Change: An International Comparison A significant contribution to universal greenhouse gas emissions are made by corporations. Stake holders, non-governmental organizations, investors, and governments have responded to these emissions and have tried to adopt practices that manage the emissions by the corporations in every way they can. They have come up with different policies as they have already made targets of how they can reduce the greenhouse gas emissions. Eyebrows have been raised if the nonstate actors will manage to play the regulatory roles that were believed to be conducted by the state governments (Sullivan, 2017). The big question has been whether the non-governmental organizations or consumers will sensitize on the issue to a point where the greenhouse gas levels decrease as expected. The steps that the nonstate actors follow greatl y define how they are to influence on the reduction of the emissions by the corporations. It has come to the attention of citizens globally that the state government needs help in the big quagmire and the only way to fight it is to let the nonstate actors take the front seat. Different forms of governance have blended to form private governance which scholars say that they cannot assume their roles since they do not have the power within them to perform some duties which require higher power intervention but the determination the private government has proven impossible to stop (Hope, 1993). Some corporations have strategized upon themselves to take the greenhouse gas emissions as an issue they should be worried about and have formed internal governments. With the kind of internal governance stakeholders and consumers get to trust the kind of corporation. This has proved more profitable for such companies as they find more investors since the reputation of the company is its best and that means more profit. Over the years many retailers have tried to incorporate methods which save energy and also reduce the emissions of gas so as to reach the set standards. However, this is not the case in all the countries. In countries like Japan, the trend depends on emulation and imitation unlike countries like U.K where the issue is taken seriously by corporations who even try and invent ways of reducing the emissions (Green, 2010).Some companies are governed by the cultures and social responsibilities which make them very keen when it comes to such an issue. As a result, such compa ny forms internal governance and merges with an external one so as to try fighting the green house gas effects. The goal is to keep the level as low as possible as the effects are liable to them indirectly. The influence from the external government or vice versa influences greatly how the corporations take up the issue (Meinshausen, 2009). Market structures, economic conditions, and the market structures are factors that should be used to determine the emissions in a positive way in regards to the emissions rather than the negative way they harm with the greenhouse gas emissions References Sullivan, R. and Gouldson, A., 2017: The governance of corporate responses to climate change: an international comparison.Business Strategy and the Environment,26(4), pp.413-425Green, M.J., 2010. Japan's confused revolution: The Washington Quarterly,33(1), pp.3-19.Meinshausen, M., Meinshausen, N., Hare, W., Raper, S.C., Frieler, K., Knutti, R., Frame, D.J. and Allen, M.R., 2009: Greenhouse-gas emission targets for limiting global warming to 2 C.Nature,458(7242), pp.1158-1162.Hope, C., Anderson, J. and Wenman, P., 1993: Policy analysis of the greenhouse effect: an application of the PAGE model.Energy Policy,21(3), pp.327-338