Climate change and corporate Africa: assessing responses to climate change risks and opportunities by SMEs and MNCS in some parts of Africa
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Date
2021
Authors
Jonhasi, Tendai Milicent
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Abstract
Despite growing proliferation in awareness of climate change issues, there is little
indication about whether companies operating across Africa are taking a strategic view
of climate change risk, given the continent’s vulnerability and exposure to the direct
and indirect impacts of climate change. While utilizing the Carbon Disclosure Project
dataset, the paper concludes with a summary of four findings; (1) Policy and
appropriate legislation are critical drivers of climate change action by private
companies in Africa; (2) Integrating relevant knowledge into local climate change
policies with regards to size, geography and industry will likely increase the validity of
implemented regulation and give consistency to sustainable practices; (3) Impacts that
directly affect the bottom line for most businesses can be targeted for nudging
businesses towards sustainable practices; (4) Although perceptions are not a
replacement for overall environmental principles, they are useful in realizing
behavioural intentions that can influence sustainable climate action
Description
A research report submitted in partial fulfilment of the requirements for the degree of Master of Commerce (Economic Science) to the Faculty of Commerce, Law and Management, School of Economics and Finance, University of the Witwatersrand, Johannesburg, 2021