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Transition to a low carbon footprint : a conceptual model of impacts and management for Australian businesses

Thyil, Vijaya and Wise, Victoria 2010, Transition to a low carbon footprint : a conceptual model of impacts and management for Australian businesses, in IFSAM 2010 : Proceedings of the International Federation of Scholarly Associations of Management World Congress : Justice and Sustainability in the Global Economy, IFSAM, [Paris, France], pp. 1-12.

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Title Transition to a low carbon footprint : a conceptual model of impacts and management for Australian businesses
Author(s) Thyil, Vijaya
Wise, Victoria
Conference name International Federation of Scholarly Associations of Management World Congress (10th : 2010 : Paris, France)
Conference location Paris, France
Conference dates 8-10 July, 2010
Title of proceedings IFSAM 2010 : Proceedings of the International Federation of Scholarly Associations of Management World Congress : Justice and Sustainability in the Global Economy
Editor(s) [Unknown]
Publication date 2010
Conference series International Federation of Scholarly Associations of Management World Congress
Start page 1
End page 12
Total pages 12
Publisher IFSAM
Place of publication [Paris, France]
Keyword(s) Carbon Footprint
Transition
Impacts
Corporate Governance
Management
Australian businesses
Summary Australian businesses will face profound and wide-ranging structural impacts during their transition to a low carbon footprint economy. This paper synthesizes the impacts for the firm during the transition and identifies the crucial impact variables. In doing so, it explores the link between the opportunities and benefits, costs, risks and structural changes and evaluates the challenges in managing the multiple impacts. The paper provides a conceptual model that will assist decision-makers deal with risk management or bottom-line protection issues as well as exploiting the business opportunity the new regulatory environment will produce. The model argues for a holistic corporate governance mechanism, with responsibility and accountability of climate change risk management placed with the board of directors and senior management. The literature review is presented first, followed by the discussion and the model. Future empirical research direction is also presented with the development of a series of propositions for testing.
Notes Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupp@deakin.edu.au
Language eng
Field of Research 050205 Environmental Management
Socio Economic Objective 960303 Climate Change Models
HERDC Research category E1 Full written paper - refereed
HERDC collection year 2010
Copyright notice ©2010, International Federation of Scholarly Associations of Management
Persistent URL http://hdl.handle.net/10536/DRO/DU:30029850

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Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.