Climate change, consumer lifestyles and legitimation strategies of sustainability-oriented firms

Arslan, Ahmad; Haapanen, Lauri; Hurmelinna‐Laukkanen, Pia; Tarba, Shlomo; Alon, Ilan

doi:10.1016/j.emj.2021.03.005

Cited by 23 publications

(15 citation statements)

References 54 publications

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“…This article gives the first insight on Latvian consumers from a green perspective via environmental health issue related to household chemicals. Although similar work has been done in other countries [24]- [26], no research that emphasizes on the knowledge of ecolabels, purchase and usage behaviours of household chemicals in Latvia has been carried out. Similar studies conducted in other countries show that this knowledge can help with environmental policies at country levels and in creating educational programs for the population on the selection and usage of more environmentally friendly household chemical products [24]- [26].…”

Section: Discussionmentioning

confidence: 99%

Perceptions, Choices and Usage of Ecological Household Chemicals: Results from an Online Citizen Survey in Latvia

Kļaviņa

Kalpisa

Paegle

et al. 2022

Environmental and Climate Technologies

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Chemical products are widely used in our everyday activities. As the availability and accessibility of ecological chemical products increases, the usage of these products should be promoted and encouraged since it is better for the environmental and human health. However, there is a gap between individual perceptions on these products and actual usage, therefore the aim of this study was to compare the knowledge and perceptions on chemical products and their labelling in Latvian adult citizens and whether this knowledge impacts their choices and usage of chemical products. An online survey was used to gather data from 412 respondents (21.8 % (n = 90) men, 78.2 % (n = 322) women, average age 39.5 years, 77.2 % (n = 318) had obtained higher education). 62.2 % (n = 237) of respondents use household chemicals every day: 6.7 % (n = 25) more than five times a day, 25.9 % (n = 99) two to five times a day and 29.6 % (n = 113) at least once a day. Although 78.2 % (n = 257) of respondents indicated that it was important to them that the household chemicals are ‘ecofriendly’, only 7.4 % (n = 28) of them responded that they always purchase eco-labelled chemical products and 60.1 % (n = 229) do it sometimes. Almost a third of respondents (28.9 %, n = 110) have not payed attention whether the product has an eco-label. Survey data also shows that 91.9 % (n = 351) respondents’ choice regarding household chemicals is affected by their previous experience, including product effectiveness, product ‘ecofriendliness’ (62.1 %, n = 237) and product price (59.2 %, n = 226). Many respondents have correctly identified eco-labels, but at the same time, more than a third of respondents (17.9–39.8 %) mistake other labels to be eco-labels as well.

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Section: Discussionmentioning

confidence: 99%

Perceptions, Choices and Usage of Ecological Household Chemicals: Results from an Online Citizen Survey in Latvia

Kļaviņa

Kalpisa

Paegle

et al. 2022

Environmental and Climate Technologies

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“…Going beyond the question of pricing in the economic context, scholars argue that strong consumer demand for sustainable goods and services would be an important enabler of change. Importantly, they perceive this demand to be growing (Arslan et al, 2021;Saari et al, 2021), such as in the case of plant-based products (Tziva et al, 2020). Though rising, one has to acknowledge that, currently, the demand for sustainable products and services is still far from overpowering the demand for unsustainable ones.…”

Section: Shallow Enablersmentioning

confidence: 99%

Barriers and enablers of 1.5° lifestyles: Shallow and deep structural factors shaping the potential for sustainable consumption

et al. 2023

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IntroductionTransforming consumption and lifestyles toward sustainability cannot be achieved by individual behavior change alone but requires changes in the structures in which this behavior is embedded. However, “structure” is a blurry concept and scholars use it in a multitude of ways. What often remains implicit in studies on structural phenomena are different types of structures, how they may or may not restrict the agency of individuals in particular ways, and how these restrictions support sustainable consumption patterns at the societal level. To move beyond the current state of research, this article systematizes political, economic, technological, and societal structural factors the literature identifies as impactful regarding the sustainability of consumption and lifestyles compatible with the targets of the Paris Agreement.MethodsWe draw on a systematic review of existing research and use empirical observations to develop conceptual terms that revisit the structure-agency dilemma and offer ways going forward about (un)sustainable consumption.ResultsWe do so based on the material or ideational, as well as shallow or deep nature of these factors. Thereby, the article throws light on the deep and opaque material and ideational structural factors lying underneath and shaping the sustainability impact of the more visible, shallow structural factors typically considered in public debates about sustainability governance.DiscussionThe article, thus, highlights the need to consider and address these deep structural factors for any effective pursuit of transformation.

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“…Investments following an explicit policy of screening companies based on ESG criteria, for example, grew from $12.3 trillion in 2012 to $35.3 trillion in 2020 according to the Global Sustainable Investment Alliance. Despite earlier restraints (Hoepner & McMillan, 2009), the influence of ESG factors on general indicators such as firm performance (Fatemi et al, 2018; Revelli & Viviani, 2015), strategy (Arslan et al, 2021) and market value (Nekhili et al, 2021), as well as on more specific management aspects such as board diversity (Cucari et al, 2018) and the cost of debt (Raimo et al, 2021), are emphasized. In a meta-analysis of more than 2200 individual studies, Friede et al (2015) show that over 50% of the examined works report positive results, while only 10% report negative results; the rest show mixed findings.…”

Section: Literature Reviewmentioning

confidence: 99%

Foundation Investment Funds for Grant-Making Foundations in Germany: Do They Facilitate Sustainable Investing?

Wiener,

Schnurbein

2023

Sage Open

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Grant-making foundations commonly use financial returns on investment in support of a public purpose. Recently, more attention has been given in academic research to the role of foundations as sustainable investors. According to the concept of socially responsible investing (SRI), foundations should integrate their social purposes into their investment strategies. However, foundations are also required to comply with national legal frameworks. Our research interest lies in those investment funds that are specifically developed for foundations in Germany. In this study, we answer two research questions: First, what are the characteristics of the market for foundation investment funds in Germany? Second, to what extent are foundation investment funds useful for foundations pursuing an SRI strategy? We build on a full sample comprising all 52 German foundation investment funds that are currently available and then use data from MSCI to apply a sustainability rating for these funds. With these data, we evaluate the financial performance of foundation investment funds in relation to their sustainability ratings. Multidimensional Scaling (MDS) was used to reduce complexity in the dataset and detect similarities among a set of objects. Our findings differentiate between two distinct clusters of foundation investment funds. The first “discrete” cluster represents the majority of funds, and these funds are generally smaller with lower performance and lower levels of SRI conformity. The funds in the second “attached” cluster are generally larger, more diversified, and have higher performance. Finally, we call for further research offer implications for both fund managers and foundation asset managers.

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Climate change, consumer lifestyles and legitimation strategies of sustainability-oriented firms

Cited by 23 publications

References 54 publications

Perceptions, Choices and Usage of Ecological Household Chemicals: Results from an Online Citizen Survey in Latvia

Perceptions, Choices and Usage of Ecological Household Chemicals: Results from an Online Citizen Survey in Latvia

Barriers and enablers of 1.5° lifestyles: Shallow and deep structural factors shaping the potential for sustainable consumption

Foundation Investment Funds for Grant-Making Foundations in Germany: Do They Facilitate Sustainable Investing?

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