Journal article 9 views
Environmental innovation and climate risk awareness: The moderating role of SDG13
,
Sabri Boubaker ,
Pandula Gamage,
Victoria Obeng
Research in International Business and Finance, Volume: 75, Start page: 102713
Swansea University Author:
Sabri Boubaker
Full text not available from this repository: check for access using links below.
DOI (Published version): 10.1016/j.ribaf.2024.102713
Abstract
Our study examines the relationship between a firm’s climate risk awareness and environmental innovation, aiming to determine how climate risk influences its competitive advantage. We further highlight the importance of SDG13: Climate Action in this relationship. Based on a sample of 22,820 firm-yea...
| Published in: | Research in International Business and Finance |
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| ISSN: | 0275-5319 1878-3384 |
| Published: |
Elsevier BV
2025
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| Online Access: |
Check full text
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| URI: | https://cronfa.swan.ac.uk/Record/cronfa68678 |
| Abstract: |
Our study examines the relationship between a firm’s climate risk awareness and environmental innovation, aiming to determine how climate risk influences its competitive advantage. We further highlight the importance of SDG13: Climate Action in this relationship. Based on a sample of 22,820 firm-year observations from 45 counties during 2013–2022, the results show a positive relationship between a firm’s climate risk awareness and environmental innovation. Climate risk awareness accounts for a firm’s engagement in product- and process-based environmental innovations. However, SDG13 is only relevant in shaping a firm’s product environmental innovation in the presence of climate risk awareness. These results confirm the disciplinary effect of climate risk on firm innovation. Our findings provide regulators and other stakeholders with a better understanding of creating an enabling environment for a beneficial climate risk management process. |
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| Keywords: |
Climate risk awareness; Environmental innovation; SDG13; Product environmental innovation; Process environmental innovation |
| College: |
Faculty of Humanities and Social Sciences |
| Start Page: |
102713 |