Achieving Environmental-Economic Sustainability Through Corporate Environmental Strategies: Empirical Evidence on Environmental Shareholder Value

Research output: Contributions to collected editions/worksChapterpeer-review

Authors

This paper discusses the relationship between environmental and economic performance, and the influence of different positions on corporate environmental strategy. After formulating a theoretical model, results are reported for two empirical analyses: of the European paper manufacturing industry, and of a set of British and German manufacturing firms, respectively. It is found that the potential for different industries to realize a win-win relationship between environmental and economic performance differs, but that a pollution prevention-oriented approach as supported by the Environmental Shareholder Value concept, for example, enables a type of integrated management which enables firms to move closer towards environmental-economic sustainability.

Original languageEnglish
Title of host publicationSustainability Accounting and Reporting
EditorsStefan Schaltegger, Martin Bennett, Roger Burritt
Number of pages24
Place of PublicationDordrecht
PublisherSpringer
Publication date2006
Pages183-206
ISBN (Print)978-1-4020-4079-5, 978-1-4020-4973-6
ISBN (Electronic)978-1-4020-4974-3
DOIs
Publication statusPublished - 2006