Business Climate Adaptation and Resilience. A Systematic Literature Review (2013-2023)

Domenico Villano (), Laura Colli (), Federico Martellozzo () and Sara Lombardi ()
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Domenico Villano: University of Florence
Laura Colli: University of Florence
Federico Martellozzo: University of Florence
Sara Lombardi: University of Florence

Working Papers - Business from Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa

Abstract: Climate change is causing significant disruptions to the socio-ecological systems in which organisations operate. To navigate these turbulent times, businesses must develop robust strategies to manage climate-related risks and uncertainties. In this context, climate adaptation and climate resilience are no longer peripheral concerns but central to organisational viability and competitive advantage. This SLR examines a decade of research on business climate adaptation and resilience, spanning from 2013 to 2023. Employing a novel methodological framework that integrates bibliometric techniques and machine learning methods, this review synthesises the evolution of theoretical and empirical studies in the field. It identifies key themes, including sector-specific adaptation strategies, resilience-building approaches, and knowledge gaps across industries. The findings highlight the uneven growth in research across different sectors and underscore the urgent need for long-term strategic planning to enhance climate resilience. This paper provides valuable insights for scholars, practitioners, and policymakers, guiding future research and informing strategies for improving business responses to climate change.

Keywords: climate adaptation; climate resilience; Systematic Literature Review; business resilience; climate change (search for similar items in EconPapers)
JEL-codes: M19 Q54 Q56 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2024
New Economics Papers: this item is included in nep-env and nep-res
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