 Sustainability among Norwegian maritime firms: Green strategy and innovation as mediators of long‐term orientation and emission reductionErik Andreas Saether, Ann Elida Eide and Øyvind Bjørgum Business Strategy and the Environment, 2021, vol. 30, issue 5, 2382-2395 Abstract: This study investigates the relationships between emission reduction, long‐term orientation, green strategy, and green innovation among maritime vessel‐owning firms of various sizes in the Norwegian maritime sector. A change from the utilization of fossil fuels and move toward more sustainable sources of energy demand substantial financial investments and behavioral changes but are fundamental to preventing further climate change. This study examines the greening of the Norwegian fleet through a structural equation model based upon 246 survey responses. Although our model does not show a significant direct relationship between long‐term orientation and emission reductions, we do find that long‐term orientation is indirectly related to emission reductions because of its relationships with green strategy and green innovation. Moreover, as mediators, green innovation and green strategy share direct associations with firms' reductions of greenhouse gases and environmentally harmful emissions. Implications for practitioners and policy makers are proposed. Date: 2021 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:bstrat:v:30:y:2021:i:5:p:2382-2395 Ordering information: This journal article can be ordered from Access Statistics for this article Business Strategy and the Environment is currently edited by Richard Welford More articles in Business Strategy and the Environment from Wiley Blackwell |
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