Firm and industry adaptation to climate change: a review of climate adaptation studies in the business and management field

Linnenluecke, Martina K., Griffiths, Andrew and Winn, Monika I. (2013) Firm and industry adaptation to climate change: a review of climate adaptation studies in the business and management field. Wiley Interdisciplinary Reviews: Climate Change, 4 5: 397-416. doi:10.1002/wcc.214

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Author Linnenluecke, Martina K.
Griffiths, Andrew
Winn, Monika I.
Title Firm and industry adaptation to climate change: a review of climate adaptation studies in the business and management field
Journal name Wiley Interdisciplinary Reviews: Climate Change   Check publisher's open access policy
ISSN 1757-7799
Publication date 2013-06-01
Year available 2013
Sub-type Article (original research)
DOI 10.1002/wcc.214
Open Access Status DOI
Volume 4
Issue 5
Start page 397
End page 416
Total pages 20
Place of publication Oxford, United Kingdom
Publisher John Wiley & Sons
Language eng
Subject 2306 Global and Planetary Change
3305 Geography, Planning and Development
1902 Atmospheric Science
Abstract Firms and industries will have a central role in supporting societal adaptation to the physical impacts of climate change, especially in more directly affected sectors such as agriculture, forestry, construction, or transportation. However, the business and management field has repeatedly been criticized for its lack of engagement with climate change as a pressing issue, and adaptation to the physical impacts of climate change in particular. Our review of adaptation studies in the business and management field suggests that most firm and industry adaptation studies focus on how firms adjust to changing business conditions because of the emergence of new competitors, new products, and markets or because of changed political, economic, and legal conditions; they largely exclude firm adjustments to the changing dynamics of the natural environment. Studies on firm and industry adaptation to climate impacts specifically are beginning to emerge, but they are sparse. There is still little cross‐disciplinary work integrating findings from the natural sciences into business thinking. We also find few considerations of the implications and consequences of climate change for firms and industries to date. This article provides an overview over the existing literature on firm adaptation to climate change, outlines research gaps, and suggests pathways for future research.
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ
Additional Notes Published Online: 11 June 2013.

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2014 Collection
UQ Business School Publications
 
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Citation counts: TR Web of Science Citation Count  Cited 26 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 27 times in Scopus Article | Citations
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Created: Mon, 25 Feb 2013, 01:22:56 EST by Dr Martina Linnenluecke on behalf of UQ Business School