Climate change as a global challenge makes firms facing a highly uncertain business environment where they have to navigate the respective complexities by means of market and non-market strategies. It is especially the case for multinational enterprises (MNEs) that operate in countries with different climate policies, thus, the importance of MNEs’ non-market climate strategies increases. We aim to explain the multifaceted role of MNEs’ corporate political engagement (CPE) which may be either in line or contradictory with the global climate agenda. The paper intends to discern a set of country-specific (e.g. institutional environment) and company-specific (e.g. degree of internationalization, state ownership) drivers which may inflect CPE towards higher level of climate responsibility. Thus, our research advances the understanding of the multifaceted role of political strategies for tackling the climate change challenges which is a disregarded phenomenon in the extant international business and sustainability research.

Program:

17:00 – 17:10 – opening speech

 17:10 – 17:50 – presentation by Olga L. Garanina, topic: “Hidden part of the iceberg: MNEs’ corporate political engagement in the climate change agenda”

 17:50 – 18:20 – discussion

 18:20 – 18:30 – Closing remarks: announcements of the next workshops

Olga L. Garanina, Strategic and International Management Department GSOM SPbU.

Co-authors: A. Panibratov, D. Klishevich, D. Fefelov.