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| Tekijä: | Kuk, G. Fokeer, S. Hung, W.T. |
| Otsikko: | Strategic formulation and communication of corporate environmental policy statements: UK firms' perspective |
| Lehti: | Journal of Business Ethics
2005 : JUNE I, VOL. 58:4, p. 375-385 |
| Asiasana: | corporate responsibility environmental policy strategy United Kingdom |
| Kieli: | eng |
| Tiivistelmä: | This article suggests that most of the FTSE-listed firms in the UK use corporate environmental policy statements (CEPS) to communicate their strategic intent of what environmental and social targets to attain, and broad guidelines of how they will progressively achieve all the required changes and new developments. It is shown that the strategic focus of the participating firms, in contrast to their non-participating counterparts, transcends from simply mitigating any potential damages that their operations might have on the environment to business process re-engineering and building new implementation capabilities. However, not all of the participating firms achieved excellence in their environmental performance; the high performing firms outweighed their counterparts on their emphasis on technological competence and competitiveness, and the average-performing firms would use the strategic emphasis on social responsibility to compensate for their mediocre technological commpetence. |
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