MANAGEMENT & ORGANIZATIONS
GLEN W. S. DOWELL SAMUEL C. JOHNSON PROFESSOR
IN SUSTAINABLE GLOBAL ENTERPRISE Samuel Curtis Johnson Graduate School of Management
Cornell SC Johnson College of Business Cornell University
Beliefs Matter: Local Climate Concerns and Industrial Greenhouse Gas Emissions in the United States Journal of Business Ethics 194, February 2024 LINK TO PAPER LINK TO GLEN DOWELL VIDEO
Co-authors • Glen W.S. Dowell
Samuel C. Johnson Professor in Sustainable Global Enterprise,
Samuel Curtis Johnson Graduate School of Management, Cornell SC Johnson College of Business, Cornell University
• Tomas Lyon, Ross School of Business, University of Michigan
Summary Humanity faces a crisis of our own creation. Economic activity drives industri-
al emissions of greenhouse gases, which are significant contributors to global warming and its numerous potentially catastrophic impacts. Tere is no path toward a more just and sustainable future without substantial improvement in the impact that businesses have on our natural environment. Although the passage of the Inflation Reduction Act of 2022 was a potentially significant step forward, the large emitting nations have so far implemented only relative- ly weak regulatory efforts to curb the greenhouse gas emissions.
Our understanding of what might drive firms to reduce their emissions of these gases, however, is incomplete, and it is not clear that the knowledge gained from other environmental issues will readily apply to these emissions. Te authors argue and find that indicators of environmental injustice previ- ously shown to relate to toxic pollutants, for example, are poor predictors of greenhouse gas emissions. Tey do find that the degree of belief in and con- cern about climate change in a local community is a significant predictor of the facility’s rate of emission improvements. Tey also find that beliefs at both the facility and headquarter communities influence emission reduction, and that those effects are substitutes for each other.
CONTENTS TO MAIN
| RESEARCH WITH IMPACT: CORNELL SC JOHNSON COLLEGE OF BUSINESS • 2024 EDITION
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