Drivers for corporate environmental responsibility

 · This study identifies strategic organizational drivers of corporate environmental responsibility (CER) in the Caribbean hotel sector. Hotels face institutional pressures that question their environmental legitimacy, competitive pressures that force market re-positioning decisions and constraints/advantages based on their resources and capabilities for managing www.doorway.ru by: Theoretical drivers of CER in hotels Corporate environmental responsibility can depend of hotels' response to institutional and competitive market pressures and their ability to leverage available organizational resources and capabilities (Fig. 1). Institutional theory suggests that organizations seek social approval or "legitimacy". The activity of enterprises has a major impact on the quality of the environment. Deterioration and abusive exploitation of resources, with no concern for environmental protection, bring the need for a higher level of corporate environmental responsibility (CER). Consequently, CER has become a sine qua non concern of small and medium enterprises (SMEs).Cited by: 4.

Among the main drivers for CER are government policies and regulations. Many states provide their own legislation, regulations and policies, which are important in creating a positive environmental attitude within companies. Subsidies, tariffs and taxes play a vital role in the implementation of these policies. Theoretical drivers of CER in hotels Corporate environmental responsibility can depend of hotels' response to institutional and competitive market pressures and their ability to leverage available organizational resources and capabilities (Fig. 1). Institutional theory suggests that organizations seek social approval or "legitimacy". Examples here would include legislation relating to environment, pollution, use of workers and conditions, product disposal, materials used in production, and so on. Therefore, this is not necessarily a driver of corporate social responsibility, but is adopted and followed by companies as it is a requirement imposed upon them by government.

As corporate social responsibility (CSR) and corporate sustainability (CS) become concepts gradually more important in corporate discussions, it is important to. This means that companies benefit from corporate social responsibility environmental management. All of these drivers have encouraged or forced companies to. KEY WORDS: Corporate Social Responsibility, CSR Reporting, Drivers, Social Responsibility,. Environmental Accounting, Sustainability Reporting.