Scholarlink

<p>Amid growing societal and regulatory pressure to demonstrate environmental responsibility, firms are increasingly engaging in environmental alliances to address complex sustainability challenges. However, the implications of having a diverse portfolio of green alliances for a business’ progress toward environmental goals remains insufficiently understood and long-term empirical evidence on this relationship is still scant. This study adopts a novel resource-based and knowledge-based perspective to examine how environmental alliance portfolio diversity—across technological, industrial, and functional dimensions—shapes corporate environmental performance. Using data from 280 multinational companies and 1,539 environmental alliances spanning 2002–2023, our analysis reveals that all three dimensions of diversity are positively associated with overall corporate environmental performance, emission reductions, more efficient resource use, and green innovation within firms. These findings underscore the strategic importance of alliance portfolio diversity in advancing sustainability, decarbonization, and circularity goals and provide actionable insights for firms seeking to enhance specific non-financial performance metrics.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

The role of alliance portfolio diversity for corporate decarbonization, circular economy and eco-innovation

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2025年12月12日

查看全文
  • Flavia Cicerelli,
  • Alessandra Colombelli,
  • Eva Niesten,
  • Chiara Ravetti

摘要

Amid growing societal and regulatory pressure to demonstrate environmental responsibility, firms are increasingly engaging in environmental alliances to address complex sustainability challenges. However, the implications of having a diverse portfolio of green alliances for a business’ progress toward environmental goals remains insufficiently understood and long-term empirical evidence on this relationship is still scant. This study adopts a novel resource-based and knowledge-based perspective to examine how environmental alliance portfolio diversity—across technological, industrial, and functional dimensions—shapes corporate environmental performance. Using data from 280 multinational companies and 1,539 environmental alliances spanning 2002–2023, our analysis reveals that all three dimensions of diversity are positively associated with overall corporate environmental performance, emission reductions, more efficient resource use, and green innovation within firms. These findings underscore the strategic importance of alliance portfolio diversity in advancing sustainability, decarbonization, and circularity goals and provide actionable insights for firms seeking to enhance specific non-financial performance metrics.