IBS Lunchtime Research Seminar - Driving Sustainable Transformation: Managerial Influence on Renewable Investments in Multinational Oil and Gas Firms

You are cordially invited to attend an International Business and Strategy Departmental Research Meeting, during which there will be a presentation by Mads Emil Wedell-Wedellsborg, Henley Business School. A reminder that attendance for IBS (full time, research oriented) staff and full-time students is compulsory, and where possible, must be in person. Individuals unable to attend in person, due to legitimate reasons will be provided a Teams link on request. Non-IBS staff are welcome to attend, but must register prior to the event. If you have not received the email invite please email Angie Clark

Please join us in Room 108, Henley Business School, if you would like to attend, please register using the link below:

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Please make sure you let me know in advance if you intend to attend in person so that the correct amount of catering is booked.

Date: Wednesday 24th April 2024, HBS Room 108

Time: 13.00 - 14.15pm

Abstract:

As concerns over climate change escalate, the pressure for sustainable transformations increases rapidly. This is particularly evident in one of the highest polluting industries — the oil and gas industry. This industry is pressured by various stakeholders to both deliver optimal financial performance and improve their environmental practices without just greenwashing. In this paper, we explore how managerial knowledge and experience can impact the propensity of oil and gas firms to invest in renewable innovations. Using a sample of oil and gas firms from around the world, we consider managerial experience in various institutional settings and how it may impact the firms’ investments. This paper aims to contribute to understanding the role of managerial experience and sustainable development in oil and gas firms.