Lara Johannsdottir

Leadership role and employee acceptance of change

Purpose – The change management literature on strategy implementation identifies different dimensions of resistance to change. The contrary view – that of dimensions of acceptance of change when implementing strategy – has received less attention. The purpose of this paper is to explore the implementation of environmental sustainability strategies by Nordic insurers, the role of leadership in implementing these changes, and employee acceptance of change. Design/methodology/approach – For achieving this purpose, this paper reports on an explanatory case study of Nordic non-life insurers, where interviews with insurance executives and specialists were the primary source of data. Findings – The authors have developed simple strategy maps, focusing on insurers’ own operations, product offerings, loss prevention and claims settlements, investments and influence on stakeholders, to show how common elements of environmental strategies are implemented within the insurance industry. The importance of leadership in...

The Role of Employees in Implementing CSR Strategies

The missing link theme of this chapter is that CSR can be most effectively integrated into a company’s core business when employees are actively involved. To substantiate this claim the chapter addresses both the function of decision-makers and decision-making approaches in CSR management by examining selected aspects of employee roles in implementing CSR strategies at individual, organisational, and institutional levels. The focus covers a choice of key related themes such as: Collaboration between leaders and employees, a framework illustrating employee’s contribution to CSR integration, as well as an examination of employee participation and motivation when implementing CSR strategy using key frameworks such as Porter’s value chain. In doing so, the link between the organisation and the external operating environment is examined and solutions for mainstreaming CSR principles via employee participation in everyday business practice are proposed. We conclude that companies benefit from active employee participation in CSR implementation in various ways including employee commitment, loyalty, increased productivity as well as a stronger image and brand.

How can financial incentives promote local ownership of onshore wind and solar projects? Case study evidence from Germany, Denmark, the UK and Ontario:

Mobilising citizens as investors in local solar photovoltaic and onshore wind energy projects can help meet climate objectives, generate local development opportunities, and build social support for low carbon transition. This can be achieved through the introduction of financial incentives attractive to local actors. To investigate what types of financial incentives are effective at the feasibility, development, construction, and operation stages of project development, we undertake a comparative case study of their use in Denmark; Germany; the UK; and Ontario, Canada. We find that a requirement for incentives such as grants and soft loans at the feasibility and development stages is a distinguishing feature of projects with citizen involvement, reflecting their greater risk aversion, lack of technical experience and financial capacity, and their inability to balance risk across a portfolio of projects. At later project stages, market-independent supports (feed in tariffs, grants, and tax incentives) have been effective in mobilising investment, but market-based supports (feed in premiums and quota schemes) can also be tailored to the specific needs of local community actors. These findings add a new dimension to the growing academic and policy debate about how Governments can effectively mobilise investment from local communities and citizens in distributed renewable technologies.

Discourse analysis of the 2013–2016 Arctic Circle Assembly programmes

The Arctic Circle Assembly has established itself as a forum for stakeholders from all around the globe to discuss Arctic affairs. This includes discussion about the future of the Arctic, impacts of climate change on local inhabitants and indigenous peoples, the natural environment and wildlife, geopolitical issues, international treaties, research projects, business-related risks and opportunities, etc. At this international conference, the interests of stakeholders vary greatly. Some want to reap the economic and strategic benefits of melting glacial and sea ice, while others want to reduce the negative impacts of climate change. It is therefore important to analyse the conference discourse in order to understand the main emphases of stakeholders, and if some express their views more loudly than others. Through greater weight of voice in the Assembly and beyond, some stakeholders have more impact on the development of a region that is of economic, geopolitical and environmental importance, not only for the northern hemisphere but globally.

Role of insurance companies in dealing with environmental issues

The purpose of this paper is to discuss the role of insurance companies in solving environmental issues. Environmental issues we now face are many of such magnitude and severity that it is not just up to governments or heavy polluting companies to deal with them, everyone needs to contribute including authorities, institutions, corporations and individuals. Insurance systems differ between countries, but due to the size of the insurance sector and integration with almost every aspect oft society, insurers can be a powerful ally when it comes to implementing environment and climate policies of authorities. The article is based on a Ph.D. research of one of the authors which conducted a multi-case study of 16 Nordic insurance companies in the Aland Islands, Faroe Islands, Iceland, Denmark, Finland, Norway, and Sweden. The companies are divided into two case groups; the Islands group and the Mainland group. Differences in actions/inactions were evident between the case groups, meaning that most of the examples used are from the Mainland group. The environmental and climate change focus areas of the Mainland group are 1) products and services, 2) loss prevention and claim settlement, 3) investments, 4) companies own operation, 5) follow-up, and 6) insurers as a driving force of actions. In case of the Islands companies they mainly focus on loss prevention and few factors that affect their daily activities. Theoretical and practical contribution of the study is to highlight the role and contribution of insurance companies in dealing with environmental issues.