RT Journal Article T1 Business in climate or climate in business? A1 SepĂșlveda, Joel A1 Mendizabal, Maddalen AB Purpose: The aim of this paper is to present a new methodological approach to help companies improve their decision-taking capacity regarding corporate social responsibility (CSR) in the context of climate change (CC). Design/methodology/approach: The study was conducted by combining a wide variety of sources including articles and research reports. Taking into account the complexity of adapting in a context of climate change, the paper developed a simplified conceptual model that integrates multi-criteria analysis. A vulnerability matrix was generated as a combination of adaptive capacity, exposure and sensitivity and how to measure the magnitude, persistence, uncertainty, temporality, degree of importance in combination with the impacts. Findings: The first results reveal that activities related to water resources or natural ecosystems are more important than those related to energy or tourism sectors, and that there is a relationship between opportunities and adaptation needs. Practical implications: The paper documents the inverse relationship between adaptation measures and opportunities in a study that may be a starting-point for further research into empirical observations of sector vulnerability and the impact and integration of the factor of resilience. Originality/value: The paper provides a common language to use in the business world for concepts related to climate change. It provides a methodological approach for finding solutions to the problem of resource optimisation in companies and helps to find new business opportunities for sectors. SN 1477-7835 YR 2011 FD 2011-08 LK https://hdl.handle.net/11556/4607 UL https://hdl.handle.net/11556/4607 LA eng NO SepĂșlveda , J & Mendizabal , M 2011 , ' Business in climate or climate in business? ' , Management of Environmental Quality , vol. 22 , no. 5 , pp. 632-651 . https://doi.org/10.1108/14777831111159752 DS TECNALIA Publications RD 1 sept 2024