week 8 Flashcards
(13 cards)
What is a sustainability transition?
A long-term structural transformation of socio-economic systems toward environmentally and socially sustainable development.
How do institutional contexts shape corporate sustainability?
Institutions influence how firms approach CSR, environmental regulation, innovation, and long-term planning, creating divergent sustainability strategies.
What is Japan’s model of capitalism?
*Coordinated market economy
*Long-term employment
*Patient capital
*Keiretsu networks
*In-house training and incremental innovation
How does Japan approach sustainability?
*Stakeholder governance
*Reactive to international CSR standards
*Focused on continuity and long-term planning
*Hydrogen strategy aligns with preserving industrial base
What is Japan’s Hydrogen Strategy?
*Vision for a “Hydrogen Society”
*Mobilises keiretsu networks and engineering expertise
*Coordinated with government via strategic roadmaps
*Emphasises incremental transition and infrastructure adaptation
What is India’s institutional context?
*Mixed/emerging model
*Institutional voids and informal institutions
*Civil society involvement
*Strong corporate philanthropy culture
How does India balance development and sustainability?
*Emphasis on energy access and affordability
*Rapid growth and industrialisation
*Leapfrogging fossil fuel dependency via renewables
*Climate vulnerability and social inequality challenges
What are key sustainability initiatives in India?
*500GW non-fossil target by 2030
*International Solar Alliance leadership
*Distributed renewable energy for rural electrification
*CSR mandated by 2013 Companies Act
What is Tata Group’s sustainability approach?
*Conglomerate with diverse sustainability strategies
*Tata Power: Major investment in renewables
*Tata Motors: Affordable EVs (e.g., Nexon EV)
*Community engagement and CSR predating legal mandates
What is China’s institutional model?
*State-permeated capitalism
*Strong central government direction
*SOEs dominate key sectors
*Weak civil society and regional enforcement variations
How does China approach sustainability?
*Top-down policy alignment
*Green industrial policy (e.g., solar, wind, EVs)
*Export-oriented green tech strategy
*Campaign-style environmental enforcement
What is BYD’s sustainability strategy in China?
*State-backed carmaker and EV leader
*Vertical integration from batteries to cars
*Rapid scale-up and affordability
*Domestic-first, then global expansion
What explains differences across Japan, India, and China?
*Japan: Institutional complementarities enable coordinated sustainability
*India: Developmental needs and inequality shape priorities
*China: State control allows rapid industrial shifts, but with uneven enforcement
