Corporate climate strategy shaped by a complex interaction of various market and non-market factors. This article explores the impact of two major factors of competition, the dynamics and regulatory pressure for carbon management strategy by some of the most energy intensive UK listed companies. Despite a significant increase in awareness of its potential strategic importance, so far little in the approaches of these organizations indicate that climate change have changed the competitive field or induced radical changes in the business models of the UK carbon-intensive companies. Instead, the strategy seems to consist of a series of hedging practices, which stem from a view of the present and likely future market and political trends in climate change. "Hide
by Chukwumerije Okereke, Russel Duncan Source: California Management Review 26 pages. Publication Date: Aug 01, 2010. Prod. #: CMR466-PDF-ENG