Corporate Environmental Strategy and Competitive Advantage 2005
DOI: 10.4337/9781845426859.00017
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The siesta is over: a rude awakening from sustainability myopia

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Cited by 53 publications
(53 citation statements)
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“…The insurance-mathematical perspectives on risk prevalent in the insurance sector defi ne risks according to the expected damage and the probability of occurrence of an event (Adams, 1995;Downing et al, 2001;Helm, 1996;Smith, 1992). In light of our earlier discussions of the nature and extent of uncertainty associated with climate-change impacts, however, probabilities for event occurrence cannot be assessed quantitatively and, as a result, the calculation of expected damage is similarly fraught with high levels of error (Jones, 2000;Prato, 2007;Winn and Kirchgeorg, 2005b). This same dilemma has been observed for managing the risk of other disasters, such as so-called technology enabled extreme events, where traditional risk-management strategies based on 'known' risks are deemed too outmoded to help companies contain 'catastrophic IT-linked risks' (Rosenoer and Scherlis, 2007, p. 26).…”
Section: Risk Managementmentioning
confidence: 99%
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“…The insurance-mathematical perspectives on risk prevalent in the insurance sector defi ne risks according to the expected damage and the probability of occurrence of an event (Adams, 1995;Downing et al, 2001;Helm, 1996;Smith, 1992). In light of our earlier discussions of the nature and extent of uncertainty associated with climate-change impacts, however, probabilities for event occurrence cannot be assessed quantitatively and, as a result, the calculation of expected damage is similarly fraught with high levels of error (Jones, 2000;Prato, 2007;Winn and Kirchgeorg, 2005b). This same dilemma has been observed for managing the risk of other disasters, such as so-called technology enabled extreme events, where traditional risk-management strategies based on 'known' risks are deemed too outmoded to help companies contain 'catastrophic IT-linked risks' (Rosenoer and Scherlis, 2007, p. 26).…”
Section: Risk Managementmentioning
confidence: 99%
“…Winn and Kirchgeorg, 2005b). Events such as sea level rise, extreme droughts or fi res 'become security concerns for businesses when people are forced to fl ee, infrastructure is destroyed, ecosystems fail, agriculture is disrupted, economic volatility increases, and some regions become uninhabitable' (Schwartz, 2007, p. 26).…”
Section: Risk Managementmentioning
confidence: 99%
“…However, an important limitation of much of the literature reviewed above is that it does not consider the natural environment's full range of capabilities. Most contributors concentrated on organizational impacts to the natural environment; confi rming the bias identifi ed by Winn and Kirchgeorg (2005), where impacts from the natural environment are often overlooked. Therefore, the stakeholder debate has not taken place in full appreciation of the organization-natural environment relationship.…”
Section: Non-debate Surrounding the Natural Environment As Stakeholdermentioning
confidence: 99%
“…
AbstractWe are living in times of tremendous ecological change (Winn & Kirchgeorg, 2005). In response, the United Nations (UN) promotes a movement towards safeguarding the natural environment or environmental sustainability (ES).
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mentioning
confidence: 99%