The Business Case for Climate Change: The Impact of Climate Change on Kenya’s Public Listed Companies

Kihiko, Moses Kibe; Kinoti, Mary

doi:10.1108/s2051-503020160000019007

Cited by 3 publications

(5 citation statements)

References 9 publications

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“…It is needless to question the fact that global warming leads to severe and unpredictable weather, shifting rainfall patterns, and droughts that limit crop yields [1]. Kihiko and Kinoti [2] also stressed that by the end of the 21st century, the temperature will rise between 1.4 and 5.8 • C. Koch [3] indicates that the growth rate in CO 2 concentration has been the highest for at least 20,000 years. According to the report "Renewable and non-renewable resources" [4], natural resources are being depleted at a faster rate than they are produced or renewed by nature.…”

Section: Introductionmentioning

confidence: 99%

The Influence of Environmental Awareness on Responsible Energy Consumption—The Case of Households in Poland

et al. 2022

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The growing impact of consumption on the environment has been attracting much attention from academics for the last couple of decades and has caused inquiries into the antecedents of responsible consumption. Previous studies focused on analyzing different antecedents of responsible consumption in various areas and contexts. However, very few studies investigated the antecedents of responsible consumption in the energy sector, and only a few referred to emerging European countries. The aim of the paper is to examine the effect of environmental awareness on responsible energy consumption. Data for this study have been collected using the survey methodology. A total of 1407 households were selected as a sample for the CAWI methods of gathering data. The territory of the study population is Poland. The methodology of research involves several measurement scales of theoretical constructs. The constructs′ reliability coefficients, as well as discriminant and convergent validity indices, showed an adequate level of measurement quality. Based on reliable and valid latent variables, the comparative analysis of mediated path models with moderated mediation is estimated. Structural causal modeling with d-separation check and sensitivity analysis of indirect causal paths is applied to test the causal research hypothesis under study. The research results confirm the significant mediational role of mobilizing attitude and environmental awareness in explaining relationships between perceived consumer effectiveness and energy efficiency and curtailment behaviors.

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Section: Introductionmentioning

confidence: 99%

The Influence of Environmental Awareness on Responsible Energy Consumption—The Case of Households in Poland

et al. 2022

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“…Top management and employees may exhibit resistance to supporting or implementing mitigation measures (Baranova and Meadows 2017). • Lack of knowledge and expertise relates to a lack of knowledge about possible climate change mitigation options (Böttcher and Müller 2015) but also to a lack of information about climate change in general (Kihiko and Kinoti 2016). This category is closely related to the lack of resources, as knowledge can be regarded as a resource when it comes to the implementation of mitigation practices (Böttcher and Müller 2015).…”

Section: Internal Barriersmentioning

confidence: 99%

“…• Synergistic relationships (contractual or non-contractual) between organizations generate synergies, including shared knowledge, resources and technologies, cost savings, reduced risks, etc. (e.g., Kihiko and Kinoti 2016). • Public grants and resources are financial, tangible, and intangible resources (e.g., awareness raising and knowledge) that local and national governments provide to accelerate the transition to a low-carbon society (e.g., Bumpus 2015;Zhang et al 2012).…”

Section: External Supportmentioning

confidence: 99%

“…For the literature on conventional responses, a comprehensive examination of facilitators suggests an ability to overcome barriers to implementing actions to fight climate change (Esen and Caliskan 2016;Finke et al 2016;Kihiko and Kinoti 2016). Top management commitment leads to further capabilities, including knowledge and learning, as well as shared vision (Aldy and Gianfrate 2019).…”

Section: Comparison Of Facilitators In the Two Literature Streamsmentioning

confidence: 99%

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Beyond conventional corporate responses to climate change towards deep decarbonization: a systematic literature review

2023

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Over the past 20 years, the literature on corporate responses to climate change has offered a vast array of theoretical and practical insights into organizational efforts to reduce business-related carbon emissions. However, it remains unclear whether these efforts will result in significant reductions of carbon emissions. Presently, it becomes crucial to understand, if, why, and how companies can effectively respond to the current challenges of deep decarbonization, defined as the process of emission reduction down to, or close to, zero to limit global warming. By means of a systematic literature review with 370 identified papers, we are able to categorize the main findings of the literature according to the four most common areas of investigation, including drivers, actions, barriers, and facilitators. Additionally, we conduct a comparative analysis of the literature along these four areas of investigation according to two categories: conventional responses and deep decarbonization responses. The results show that the literature on conventional responses to climate change (n = 321) extensively covers all four areas of investigation; however, it only touches on the descriptive (i.e., ‘what’) aspects of decarbonization. The recent and emerging literature on deep decarbonization responses (n = 49) provides novel insights on the prescriptive (i.e., ‘why’ and ‘how’) aspects of deep decarbonization. However, this literature is restricted to mostly regional and industrial foci, and it does not connect drivers, barriers, and facilitators in a systematic way. Thus, we highlight key implications for future research and practice in order to effectively address corporate deep decarbonization.

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“…The effects on the manufacturing sector more generally are, however, not addressed. Kihiko and Kinoti have undertaken a small survey among 10 companies, of which one only is from manufacturing, concluding that Kenyan companies' managers expect higher operating risks and costs due to climate change (Kihiko and Kinoti 2016).…”

Section: Research Questionsexplanatory Factors Of the Industrial Greening Processmentioning

confidence: 99%

Green economic change in Africa – green and circular innovation trends, conditions and dynamics in Kenyan companies

Andersen

Ogallo

Faria

2021

Innovation and Development

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African countries seek to intensify their industrialization while also increasingly pursuing green growth and, more recently, circular economy strategies. The competitive implications of this are, however, little researched empirically. We seek to investigate how African countries, examplified in this paper by Kenya, are experiencing a green and circular structural change of their economies. On the basis of early findings from a survey among 27 mixed manufacturing companies in Ruaraka industrial area in Nairobi, we highlight green and circular innovation trends, conditions and dynamics for different types of industries and firms (size). We apply a strong business perspective in framing the questions. We conclude that the companies are reaching a moderate stage of greening,although with a high degree of variability. Circular innovations are relatively widespread and ensuring resource supply seems to be a more important incentive than cutting costs. There seems overall to be quite strong business incentives to go circular among Kenyan companies, although these incentives are not necessarily realized by the companies, a factor that could be utilized in policymaking. We suggest a strong business-oriented survey methodology as a way forward to expand insights into the greening of industries in Africa and similar economies.

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The Business Case for Climate Change: The Impact of Climate Change on Kenya’s Public Listed Companies

Cited by 3 publications

References 9 publications

The Influence of Environmental Awareness on Responsible Energy Consumption—The Case of Households in Poland

The Influence of Environmental Awareness on Responsible Energy Consumption—The Case of Households in Poland

Beyond conventional corporate responses to climate change towards deep decarbonization: a systematic literature review

Green economic change in Africa – green and circular innovation trends, conditions and dynamics in Kenyan companies

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