The adoption of environmental strategies in large Colombian businesses

Case studies

Practices supported in aforementioned capabilities correspond to the development of closed loops in plants and fields for gas and water recirculation, use of rainwater for domestic and firefighting systems and wastewater injection in wells as a discharge measure. Finally, business model has supported the Company in the identification of opportunities for business growth, the upgrade of infrastructure, the strengthening of human talent, advance in a positive work environment and the improvement of the CSR model. Table 23 presents a summary of the main features observed at the business model of the Oil & Gas Company. Table 23. Business Model - Oil & Gas Company. esa factor

category

Business model Stable

main features * Operational efficiency and processes improvement to increase productivity and oil refining efficiency. * Stakeholder management to prevent grievances that can potentially undermine business performance. * Pollution compensation through forest plantations. *Use of environmental indicators for process monitoring. * Technical know-how for the implementation of close loops for gas, water and wastewater. * Improvement of operations to achieve efficiency in resource management.

c) Manager’s perspective The CEO of the Oil & Gas Company was the head of the firm for 8 years, which has become one of a Bachelor of Science in Civil Engineering and a Master’s degree in Industrial Engineering. The CEO is Colombian and started to work in the company as the CEO. His previous work experience during more than 40 years in the power sector focused on the power distribution business and the Oil & Gas sector and constituted a leverage to become the president of the Company. Under his presidency, oil production, oil reserves and transportation of crude oil almost doubled. Besides, the company’s assets more than doubled and went from a single owner, (i.e. the Nation), to 397 thousand minority shareholders with the largest issuance of shares in the history of the Colombian Stock Exchange (Rojas, 2015).

The adoption of environmental strategies in large Colombian businesses

Articles inside

Table 40. Factors for the adoption of environmental strategies

Table 39. ESA and ESA Factors across cases

Table 38. Main ESA factors observed in the case studies

Figure 15. ESA and the ESA factors at the Dairy Company

Table 37. Main environmental strategies observed in the case studies

Table 35. Business model – Dairy Company

Figure 14. ESA and the ESA factors at the Cosmetic Company

Table 36. Manager´s Perspective – Dairy Company

Table 33. ESA –Dairy Company

Table 34. Business Context – Dairy Company

Table 32. Manager´s perspective – Cosmetic Company

Table 30. Business Context – Cosmetic Company

Table 31. Business model – Cosmetic Company

Table 29. ESA – Cosmetic Company

Table 23. Business Model – Oil & Gas Company

Table 25. ESA – Agri-business

Table 27. Business Model – Agri-business

Table 26. Business Context – Agri-business

Table 22. Business Context – Oil & Gas Company

Figure 11. ESA and the ESA factors at the Utility Company

Table 21. ESA – Oil & Gas Company

Table 20. Manager´s Perspective – Utility Company

Table 19. Business Model – Utility Company

Table 18. Business Context – Utility Company

Figure 10. ESA and ESA factors at the Chemical Company

Table 17. ESA – Utility Company

Table 16. Manager´s Perspective – Chemical Company

Table 14. Business Context - Chemical Company

Table 15. Business Model - Chemical Company

Table 13. ESA - Chemical Company

Figure 9. ESA and ESA factors at the Bank

Table 12. Manager´s perspective -Bank

Table 10. Business Context - Bank

Table 8. Selected cases

Table 11. Business Model - Bank

Table 9. ESA - Bank

Table 7. ESA and influencing factors

Figure 8. Data classification

Figure 6. Theoretical Model of ESA and ESA Factors

Table 5 Business models and environmental strategies

Table 4. Business context and Environmental Strategies

Figure 5. Collaborative networks of ESA research

Table 3 Co-occurrence configuration of ESA Factors

Table 2. Typology of environmental strategies used in this research

Figure 3. Co-word clusters in the literature review

Table 6. Manager´s perspective and Environmental Strategies

Figure 2. Distribution of articles in Journals