A growing number of large forest industry companies have declared voluntary adoption of Global Reporting Initiative (GRI) guidelines to avoid the lack of verification in reporting and to alleviate current criticisms of corporate responsibility (CR) practices. In this study, we use quantitative multivariate analysis of CR disclosure data (GRI indicators) from 66 forest industry firms. The results from cluster analysis show that 58% of the major companies in forest-based industries are following what could be called a relatively defensive approach to CR, while companies proactive towards CR represent only a minority of the sample (18%), and one-quarter of the companies could be classified as being 'stuck-in-the-middle' in terms of CR. CR practices are found to run parallel to and beyond core business activities, number of employees, sales, and production in these three strategic groups. However, no strategic group level differences in terms of the location of headquarters or financial performance were found.
The first analysis for the economic impacts of heat-related changes in labor productivity within China under climate change
Labor productivity in the indoor sectors will benefit from the popularity of air-conditioning devices
Regions where labor productivity is rarely affected by heat stress in China still suffer large economic impacts
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