Innovation and socio-environmental sustainability: a comparative study of Brazilian and European firms

• Autor(a) principal: José Glauber Cavalcante dos Santos
• Data de Publicação: 2019
• Outros Autores: Alessandra Carvalho de Vasconcelos, Márcia Martins Mendes de Luca, Jacqueline Veneroso Alves da Cunha
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Repositório Institucional da UFMG
• Texto Completo: https://doi.org/10.5902/1983465925464; http://hdl.handle.net/1843/53846; https://orcid.org/0000-0002-7971-3542; https://orcid.org/0000-0002-6480-5620; https://orcid.org/0000-0002-9995-5637; https://orcid.org/0000-0003-2522-3035
• topic: Strategic organizational profiles; Innovation; Sustainability; Inovação; Sustentabilidade

In this descriptive and qualitative study, we evaluated innovation and socio-environmental sustainability as strategic organizational profiles in 78 Brazilian and European public firms traded on BM&FBovespa or NYSE Euronext between 2010 and 2013 and listed in at least one of the following indices: the Corporate Sustainability Index (ISE), the Carbon Efficient Index (ICO2) and the Low Carbon 100 Europe index®. Information was retrieved from financial reports, explanatory notes and sustainability reports. Innovation was proxied by intangible innovation assets, patents and R&D. Sustainability was evaluated based on the disclosure of GRI indicators. The two strategies were found to be strongly incorporated in European firms (i.e., in developed economies). A growing demand for innovation and sustainability was observed in both settings, indicating an indirect relationship between the two strategic profiles. Our results suggest that country-level economic and institutional factors play an important role in the definition of innovation and socio-environmental sustainability as strategic organizational profiles.