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A Managerial Perspective on the Porter Hypothesis -The Case of CO2 Emissions

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  • Diane-Laure Arjaliès

    (GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC - HEC Paris - Ecole des Hautes Etudes Commerciales - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Pierre Ponssard

    (X-DEP-ECO - Département d'Économie de l'École Polytechnique - X - École polytechnique - IP Paris - Institut Polytechnique de Paris)

Abstract

Over the past decade, the debate on climate change has dramatically shifted. The strong evidence presented by the scientific community through the Intergovernmental Panel on Climate Change (IPCC) process established by the United Nations Environment Program (UNEP) and the World Meteorological Organization (WMO) has largely settled the discussion about whether an action should be taken to stabilize atmospheric greenhouse gases (GHGs) (Parry et al., 2007). Climate change is now acknowledged as being a serious global threat which demands an urgent response. For example, the Stern Review on the economics of climate change estimates that without any global action, the overall costs and risks of climate change would be equivalent to losing at least 5% of global Gross Domestic Product (GDP) each year, which could rise to 20% if a wider range of risks and impacts are taken into consideration (Stern, 2006). The question is: what should be the response to address the challenge of global warming while maintaining at the same time an economic growth (Mc Kinsey Global Institute, 2008)? With this in mind, environmental concerns are becoming an increasing central topic for strategic choices and decision-making by investors around the world.

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  • Diane-Laure Arjaliès & Jean-Pierre Ponssard, 2010. "A Managerial Perspective on the Porter Hypothesis -The Case of CO2 Emissions," Post-Print hal-00633471, HAL.
    • Handle: RePEc:hal:journl:hal-00633471
    Note: View the original document on HAL open archive server: https://hec.hal.science/hal-00633471
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    References listed on IDEAS

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    1. Jean Pierre Ponssard & Neil Walker, 2008. "EU emissions trading and the cement sector: a spatial competition analysis," Climate Policy, Taylor & Francis Journals, vol. 8(5), pages 467-493, September.
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    7. Linden, Henry R., 2007. "Alarmist Misrepresentations of the Findings of the Latest Scientific Assessment Report of the Intergovernmental Panel on Climate Change," The Electricity Journal, Elsevier, vol. 20(7), pages 38-46.
    8. Marcus Wagner, 2004. "The Porter Hypothesis Revisited: A Literature Review of Theoretical Models and Empirical Tests," Public Economics 0407014, University Library of Munich, Germany.
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    1. Diane Laure Arjaliès & Cécile Goubet & Jean-Pierre Ponssard, 2014. "Strategic Approaches to CO2 Emissions - The Case of the Cement Industry and of the Chemical Industry," CESifo Working Paper Series 4644, CESifo.
    2. Stefan Ambec & Mark A. Cohen & Stewart Elgie & Paul Lanoie, 2013. "The Porter Hypothesis at 20: Can Environmental Regulation Enhance Innovation and Competitiveness?," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 7(1), pages 2-22, January.
    3. Patricia Crifo & Vanina Forget, 2012. "The Economics of Corporate Social Responsibility: A Survey," Working Papers hal-00720640, HAL.
    4. David Littlewood & Rachel Decelis & Carola Hillenbrand & Diane Holt, 2018. "Examining the drivers and outcomes of corporate commitment to climate change action in European high emitting industry," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1437-1449, December.
    5. François Perrot, 2013. "Organizational Challenges of Multinational Corporations at the Base of the Pyramid: An Action-research Inquiry," Working Papers hal-00771299, HAL.
    6. Saidi Magaly Flores S nchez & Miguel Alejandro Flores Segovia & Luis Carlos Rodr guez L pez, 2020. "Impact of Public Policies on the Technological Innovation in the Renewable Energy Sector," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 139-159.

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    Keywords

    Corporate Social Responsibility; csr;

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