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Decarbonization types of medium-sized and mid-cap firms in the manufacturing sector
Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Faculty of Management, University of Trier, Trier, Germany; University of Witten/Herdecke, Witten, Germany.ORCID iD: 0000-0003-4564-0346
University of Witten/Herdecke, Witten, Germany.
Faculty of Management, University of Trier, Trier, Germany.
2024 (English)In: Business Strategy and the Environment, ISSN 0964-4733, E-ISSN 1099-0836, Vol. 33, no 8, p. 8833-8850Article in journal (Refereed) Published
Abstract [en]

The decarbonization of the manufacturing sector is needed to meet the climate goals set by the Paris agreement. Most research so far has focused on large firms. Yet, medium-sized and mid-cap firms also face increasing pressures to decarbonize, particularly in their role as suppliers of large firms. Prior research shows that these firms are very heterogeneous and that approaches to decarbonize are not adopted in isolation but within sets or configurations-hence, a detailed investigation of these configurations is fruitful to understand the multiplicity of responses to decarbonization. Such an understanding allows to develop an effective decarbonization policy for medium-sized and mid-cap firms and provide meaningful managerial advice. Using a latent-profile analysis, our study identifies five distinct decarbonization types of medium-sized firms in the German manufacturing sector that adopt a specific configuration of decarbonization strategies. These types can be described as decarbonization all-rounders, internal supply chain decarbonizers, total supply chain decarbonizers, decarbonization laggards and decarbonization sceptics. A comparison of these five decarbonization types reveals significant differences in stakeholder pressures, green capabilities and green innovation as well as firm performance and (structural) firm characteristics.

Place, publisher, year, edition, pages
John Wiley & Sons, 2024. Vol. 33, no 8, p. 8833-8850
Keywords [en]
decarbonization, environmental sustainability, latent-profile analysis, manufacturing firms, medium-sized and mid-cap firms
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-66221DOI: 10.1002/bse.3947ISI: 001306614100001Scopus ID: 2-s2.0-85203128290Local ID: HOA;intsam;972127OAI: oai:DiVA.org:hj-66221DiVA, id: diva2:1898139
Available from: 2024-09-16 Created: 2024-09-16 Last updated: 2025-10-13Bibliographically approved

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