Climate Governance and Corporate Eco-Innovation: A Framework for Sustainable Companies

Corporations are increasingly dedicated to implementing more robust climate change practices in an era characterized by natural resource constraints, socio-environmental challenges, and mounting climate change pressures. This book provides a timely exploration of theoretical and empirical perspectives on global climate governance and corporate eco-innovation activities. It illustrates how corporations are actively addressing climate change by enhancing their climate governance systems and integrating eco-innovation into their operations, significantly impacting financial decision-making, policies, performance, risk management, and other crucial indicators. In this context, eco-innovation represents a corporation’s ability to reduce environmental costs and burdens for its customers. It plays a vital role in helping firms improve energy and environmental efficiency, mitigate energy consumption, reduce carbon emissions, and minimize ecological harm during and after production. Additionally, eco-innovation can create new market opportunities by enhancing existing environmental technologies. Furthermore, the shift from conventional corporate governance to a heightened focus on corporate climate governance mechanisms, such as the establishment of ecological committees, the implementation of cli-mate incentives for managers and executives, and the publication of sustainability or climate change reports, proves to be an effective strategy for motivating firms to become more dedicated to environmental protection and eco-innovation initiatives.

Dr. Vu Trinh is a Senior Lecturer (Associate Professor) in Accounting and Finance at Newcastle University Business School, Newcastle University (UK), and holds the position of Visiting Professor of Finance at the University of Economics Ho Chi Minh City (Vietnam). Trinh also serves as the Deputy Director of the Finance and Banking Network (FBNet, AVSE Global). Trinh has a substantial publication record in corporate governance, corporate financial strategies, and sustainability. Trinh’s work has appeared in leading academic journals, including those with 4/3* ABS ratings, such as the British Journal of Management (4-ABS), Annals of Tourism Research (4-ABS), European Journal of Finance (3*-ABS), Journal of International Financial Markets, Institutions and Money (3*-ABS), International Review of Financial Analysis (3*-ABS), International Journal of Finance and Economics (3*-ABS), Accounting Forum (3*-ABS), Review of Quantitative Finance and Accounting (3*-ABS), and Business Strategy and the Environment (3*-ABS). In addition to research contributions, Trinh holds significant editorial board positions for several scholarly journals, including Section Editor, Associate Editor, Guest Editor, and Academic Editor. Trinh’s research findings have also been accepted for presentation at prestigious conferences, including the IFABS Oxford Conference, the British Accounting and Finance Association (BAFA), the Financial Management Association (FMA), and the European Accounting Association (EAA).