Corporate Environmental Responsibility through the Prism of Strategic Management

• Main Authors: Alla Kasych, Petr Suler, Zuzana Rowland
• Format: Article
• Language: English
• Published: MDPI AG 2020-11-01
• Series: Sustainability
• Subjects: corporate environmental responsibility; environmental management systems; ecological goals; analysis; sustainability
• Online Access: https://www.mdpi.com/2071-1050/12/22/9589

This contribution considers the theoretical, methodological, and analytical aspects of implementing a strategic approach to the management of corporate environmental responsibility in practice. The economic and normative approach to understanding the essence of corporate environmental responsibility is revealed; the key factors are systematized. Based on the generalization of theoretical and methodological provisions for corporate environmental responsibility, the authors formulated a concept for the strategic management thereof. An approach to understanding the content and forms of environmental responsibility at different stages of a company’s lifecycle is formulated. The main indicators that enable the analysis of corporate environmental responsibility from the point of view of the chain “inputs-processes-outputs” are systematized. Analytical studies of corporate environmental responsibility are conducted on the basis of information concerning automotive companies, in particular in terms of the following main areas: the study of global trends, monitoring of environmental goals and their reflection in development strategy, comprehensive analysis of environmental responsibility, the study of the balance of environmental and economic indicators. To achieve the aforementioned, the following were used: quantitative and qualitative methods, analytical and comparative methods of processing, analysis and synthesis of statistical information, economic and mathematical modelling, etc. The mechanism of transforming global environmental challenges into environmental responsibility management in practice is substantiated. An organizational mechanism is put forward for developing an environmental responsibility management system based on a strategic approach focused on implementation in practice. The key tools for implementing theoretical and methodological provisions in management practice are also identified.