The adoption of environmental strategies in large Colombian businesses

Page 146

14 4 | Carlos Fúquene Retamoso

image of the sector as an ethical and environmentally responsible industry. Green product development, at industry, has focused on the use of natural ingredients to deliver safety and quality products in alliance with greener suppliers (Berhad, 2013) The following statement confirms the existence of a normative source from a market trend: …“ The three brands have included more natural products, with more natural ingredients. This is definitely a market trend around the world, but there is also another aspect that is parallel to that: people want to look good and feel good. Nowadays, there is much more awareness about people´s wellness, which drives the beauty market”…(Vera, 2019).

Finally, in relation to coercive pressures, neither environmental license for natural resource extraction or hearing processes apply to this industry sector. Additionally, the gathered information does not register any influence from communities located nearby the company´s facilities. Table 30 presents a summary of influencing sub-factors and environmental practices in the Business Context. Table 30. Business Context – Cosmetic Company. Factor Business context

Category

Main features

Coercive

Neither environmental license for natural resource extraction or hearing processes apply to this industry sector

Green market

Green market demand (i.e. customers and public concern) for the use of natural ingredients and cruelty-free products.

Green industry

Subscription to Industry standards such as ISO 14001, printing of catalogues in environmentally sound paper (PEFCa certified) and Global Compact.

The Program for the Endorsement of Forest Certification provides reassurance to companies involved in the purchasing of wood and paper products committed to the sustainable management of forests. a

b) Business model The company runs a dynamic business model supported by financial capabilities, R&D and operational efficiency. Cosmetic Company is on an upward trajectory expecting to grow at an annual rate of 10% (Notigrafix, 2018). Financial capabilities constitute a mechanism to perform investments for the development of an efficient production. For example, the company


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Table 40. Factors for the adoption of environmental strategies

44min
pages 186-221

Table 39. ESA and ESA Factors across cases

24min
pages 169-185

Table 38. Main ESA factors observed in the case studies

5min
pages 165-168

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

4min
pages 160-163

Table 37. Main environmental strategies observed in the case studies

0
page 164

Table 35. Business model – Dairy Company

4min
pages 156-158

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

4min
pages 151-153

Table 36. Manager´s Perspective – Dairy Company

1min
page 159

Table 33. ESA –Dairy Company

1min
page 154

Table 34. Business Context – Dairy Company

1min
page 155

Table 32. Manager´s perspective – Cosmetic Company

1min
page 150

Table 30. Business Context – Cosmetic Company

1min
page 146

Table 31. Business model – Cosmetic Company

4min
pages 147-149

Table 29. ESA – Cosmetic Company

1min
page 145

Table 23. Business Model – Oil & Gas Company

6min
pages 125-128

Table 25. ESA – Agri-business

3min
pages 132-133

Table 27. Business Model – Agri-business

6min
pages 137-140

Table 26. Business Context – Agri-business

5min
pages 134-136

Table 22. Business Context – Oil & Gas Company

3min
pages 123-124

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

3min
pages 118-119

Table 21. ESA – Oil & Gas Company

5min
pages 120-122

Table 20. Manager´s Perspective – Utility Company

3min
pages 116-117

Table 19. Business Model – Utility Company

6min
pages 112-115

Table 18. Business Context – Utility Company

3min
pages 110-111

Figure 10. ESA and ESA factors at the Chemical Company

4min
pages 105-107

Table 17. ESA – Utility Company

3min
pages 108-109

Table 16. Manager´s Perspective – Chemical Company

3min
pages 103-104

Table 14. Business Context - Chemical Company

1min
page 99

Table 15. Business Model - Chemical Company

4min
pages 100-102

Table 13. ESA - Chemical Company

3min
pages 97-98

Figure 9. ESA and ESA factors at the Bank

4min
pages 94-96

Table 12. Manager´s perspective -Bank

1min
page 93

Table 10. Business Context - Bank

3min
pages 88-89

Table 8. Selected cases

4min
pages 79-81

Table 11. Business Model - Bank

4min
pages 90-92

Table 9. ESA - Bank

1min
page 87

Table 7. ESA and influencing factors

10min
pages 71-78

Figure 8. Data classification

4min
pages 83-86

Figure 6. Theoretical Model of ESA and ESA Factors

2min
pages 69-70

Table 5 Business models and environmental strategies

10min
pages 58-63

Table 4. Business context and Environmental Strategies

4min
pages 55-57

Figure 5. Collaborative networks of ESA research

8min
pages 42-46

Table 3 Co-occurrence configuration of ESA Factors

6min
pages 51-54

Table 2. Typology of environmental strategies used in this research

2min
pages 49-50

Figure 3. Co-word clusters in the literature review

1min
page 40

Table 6. Manager´s perspective and Environmental Strategies

8min
pages 64-68

Figure 2. Distribution of articles in Journals

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page 39
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