Multinational Corporations and Climate Change

Explores how multinational corporations confront climate risks and seize new opportunities in a warming world.

Examines how multinational corporations respond to the global climate challenge, linking business strategy with public policy and international cooperation. Ideal for scholars, practitioners, and policymakers, this book shows how climate risks can be managed and turned into strategic opportunities for sustainable and resilient growth.How do global firms confront the defining challenge of our era? Drawing from international business, political economy, and environmental policy, Jonas Gamso offers an integrated framework for understanding how multinational corporations manage physical, transition, liability, and reputational climate risks through strategies of adaptation, avoidance, transfer, diversification, and acceptance. Blending rigorous empirical analysis with detailed case studies of Ørsted, ExxonMobil, and Saudi Aramco, among others, he reveals how companies make strategic decisions amid accelerating climate impacts and shifting policy landscapes, while also illuminating the effects of public policy and international relations. The book provides essential insights for scholars of international relations, business, and development, as well as for policymakers and practitioners seeking to align economic competitiveness with global sustainability.