The impact of the Covid‐19 pandemic on the environmental sustainability strategies of listed firms in Sweden

Fredrik Andersson · Susanne Arvidsson

15 citations0/0 files storedBusiness Strategy and the Environment

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Environmental Sustainability in Business Corporate Social Responsibility Reporting COVID-19 Pandemic Impacts

Abstract

Abstract How macroeconomic crises affect firms' environmental sustainability strategies is an open question. We study the impact of the Covid‐19 pandemic on the environmental sustainability strategies of firms listed on the OMXNasdaq stock exchange in Sweden. The analysis is based on a survey distributed twice, once during the summer of 2020 and once during the summer of 2021 with detailed questions related to the firms' environmental strategies. We find that most firms view the pandemic as an opportunity to strengthen their environmental strategies. However, we also find that the economic downturn caused most firms to redirect scarce resources away from environmental sustainability. We also find that firms which had adopted the Taskforce on Climate‐Related Financial Disclosures were less likely to divert resources. These short‐term results indicate that the pandemic will not enhance firms' environmental sustainability practices in the future.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 15 citations exist upstream.

References

1995Green and competitive: ending the stalemate 2017Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis 2001An Introduction to Varieties of Capitalism 2008The relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesis 2018Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence 2020The impact of Covid-19 pandemic on corporate social responsibility and marketing philosophy 2016The relationship between sustainability performance and sustainability disclosure – Reconciling voluntary disclosure theory and legitimacy theory 2021Corporate ESG reporting quantity, quality and performance: Where to now for environmental policy and practice?

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.