The adoption of environmental strategies in large Colombian businesses

88 | Carlos Fúquene Retamoso

in 2011) and has continued its expansion ever since, acquiring bank operations in different countries, resulting in horizontal integration (Pineda Rojas, 2014). Bank’s organizational capabilities have been associated with organizational learning as a mechanism to improve operational efficiencies and perform business acquisitions. Finally, the organizational capability of Bank constituted a mechanism to face changing markets, which have increasingly focused on sustainability, especially green processes and sustainable buys. Table 11. Business Model - Bank esa factor Business model

category Dynamic

main features Supported by financial capabilities *Green Lending. *Green Bonds. Supported by strategic capabilities *Financial products for the construction of a green building market. *Finance and promote new production and consumption systems. *Green and reputation positioning. *Green standards settings in the market through the Protocolo Verde initiative. Supported by organizational capabilities such as organizational learning. *Eco-efficiency. *Best practices in energy consumption. *Green innovation culture Supported by technological capabilities *Eco-efficiency. *Energy efficiency programs in offices and branches to improve operational efficiencies. *Development of criteria for the acquisition of more efficient technologies. *Green products development

c) Manager´s perspective The founder of Bank holds a Bachelor of Arts in Social Science and earned a Master´s degree in Actuarial Mathematics in 1969. The CEO is Colombian and inherited a small insurance company that he turned into a large business that included financial services. His work experience for more than 50 years has focused on the insurance and financial sectors. With regard to his profile,

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