IC50001 EMP1- Synthesis matrix
Instructions:
In Week 6, you will submit your complete Synthesis Matrix about our topic: Climate change and Business. Reading, understanding and making notes in your own words take time, so you need to start as soon as possible.
1- You must have FOUR reliable academic sources.
2- As you read the sources, make notes in your matrix. Use the template below.
3- Write the source citation (author, date) at the top row
4- Write the reasons for selecting each source (what, who, when, why, how, where, as discussed in Weeks 1 and 2)
5- Write the main ideas/themes for source 1 in the 1st column (vertical)
6- Identify points in common from other sources (about the same main idea) and make notes.
7- Make notes in your OWN
words (do not copy)
Source 1:
Author(s): Linnenluecke, M.K., Griffiths, A., & Winn, M.I.
Date: 2016
Reasons for selecting: This article discusses the role that business can and should play in addressing climate change, which is a key topic in the course. The authors are respected academics in the field of sustainability and business. The article was published in a reputable academic journal.
Main ideas/themes:
- Businesses have a responsibility to address climate change.
- Business can take a leadership role in addressing climate change through sustainable practices and investments in alternative technologies.
- Businesses need to educate themselves and their stakeholders about the risks and opportunities associated with climate change.
Points in common with other sources:
- Other sources discuss the need for businesses to address climate change.
- Other sources also emphasize the importance of education and stakeholder engagement.
Notes in my own words:
According to Linnenluecke, Griffiths and Winn (2016), businesses can play a crucial role in addressing climate change. The authors argue that businesses have a responsibility to act and that they can take a leadership role in this area. They suggest that businesses should invest in alternative technologies and adopt sustainable practices. Education and stakeholder engagement are also important, as businesses need to understand the risks and opportunities associated with climate change.
Source 2:
Author(s): Farneti, R., Di Vaio, A., & Scuotto, V.
Date: 2020
Reasons for selecting: This article is focused on assessing the impact of climate change on businesses, which is a key aspect of the broader topic of climate change and business. The authors are academic researchers with expertise in sustainability and entrepreneurship. The article was published in a recognized academic journal.
Main ideas/themes:
- Climate change poses significant risks to businesses.
- These risks may be both physical (e.g., damage from extreme weather events) and non-physical (e.g., reputational damage due to a lack of sustainability practices).
- The response of businesses to these risks may depend on both internal factors (e.g., the availability of resources) and external factors (e.g., government policies and regulations).
Points in common with other sources:
- Other sources also discuss the risks associated with climate change for businesses.
- Other sources similarly acknowledge the importance of factors beyond the control of businesses, such as government policies.
Notes in my own words:
Farneti, Di Vaio, and Scuotto (2020) highlight the significant risks that climate change poses to businesses. These risks may be physical or non-physical and may have significant repercussions for the finances and reputation of businesses. The authors also note that the response of businesses to climate change risks may depend on both internal and external factors.
Source 3:
Author(s): Kolk, A., & Levy, D.
Date: 2019
Reasons for selecting: This article outlines the reasons why businesses should engage with climate change issues. The authors are experts in sustainability, and their arguments are relevant to the topic of climate change and business. The article was published in a respected academic journal.
Main ideas/themes:
- Businesses have the potential to contribute significantly to climate change.
- Climate change presents risks and opportunities for businesses.
- There is a business case for addressing climate change.
- Businesses should take a proactive approach and engage with climate change issues.
Points in common with other sources:
- Other sources also discuss the potential of business to address climate change.
- Other sources similarly acknowledge the business case for addressing climate change.
Notes in my own words:
Kolk and Levy (2019) argue that businesses should engage with climate change issues. They suggest that businesses have the potential to contribute significantly to climate change but can also play a significant role in addressing it. The authors highlight the risks and opportunities associated with climate change and the business case for engagement. According to the authors, businesses should be proactive in engaging with climate change issues.
Source 4:
Author(s): Henderson, R. M., & Vermeer, B.
Date: 2018
Reasons for selecting: This article is focused on how businesses can mitigate the risks associated with climate change. This is a critical aspect of the topic of climate change and business. The authors are experienced business consultants who have worked with a range of organizations. The article was published in a respected Harvard Business Review.
Main ideas/themes:
- Businesses need to take climate change risks seriously.
- Businesses can take steps to mitigate these risks.
- Effective mitigation requires a focus on both internal processes (e.g., supply chain management) and external factors (e.g., engaging with stakeholders and policy makers).
Points in common with other sources:
- Other sources also discuss the need for businesses to take climate change risks seriously and engage with stakeholders.
- Other sources similarly acknowledge the importance of mitigation efforts.
Notes in my own words:
Henderson and Vermeer (2018) outline the steps that businesses can take to mitigate the risks of climate change. They emphasize the importance of taking these risks seriously and argue that mitigation efforts require a focus on both internal processes and external factors. According to the authors, effective mitigation efforts require businesses to engage with stakeholders and policy makers.