Business Sustainability Initiative: Building Resilience And Adapting To Change
The Business Sustainability Initiative leads the way in a rapidly changing business landscape, championing environmentally and socially conscious business practices and designing strategies for a sustainable future.
The initiative is headed by UQ researchers who are international leaders in their fields, with a depth of knowledge spanning corporate sustainability, social impact and entrepreneurship, capital markets and tourism.
Industry and government partnerships play a key role in the Business Sustainability Initiative, with a vast array of funded projects underway engaging stakeholders of all levels from the public through to small business and large enterprises.
The projects aim to understand and advance the adaption of business ecosystems and the transformations necessary to accelerate the path to a sustainable future.
Contact the Business Sustainability Initiative
If you would like more information or to explore opportunities with the Business Sustainability Initiative please contact:
Professor Matthew Hornsey
Professor in Management
m.hornsey@business.uq.edu.au
Engage with us View Research Hub 2022 report (PDF, 8.4 MB)
Our Experts
UQ Business School experts have a wealth of knowledge and industry experience focused on the analysis of and actionable strategies to understand and advance business and sectorial transformations for a sustainable future.
Business Sustainability Initiative
Leaders
- Professor Matthew Hornsey – examines the psychological factors underpinning pro-environmental behaviours and climate scepticism
Academic Researchers
- Professor Neal Ashkanasy – pro-environmental behaviour; sustainable office design; emotions and sustainability
- Associate Professor Remi Ayoko – the impact of workspace configuration on employee’s sustainable behaviour
- Dr Nazila Babakhani – sustainable tourism
- Dr Noreen Breakey – advancing the design and management of tourism experiences that inspire visitors as agents of sustainability
- Professor Shaun Bond – financial market response to natural disasters and climate change
- Dr Srin Chaudhury – consumer psychologist with interests in judgment, decision making and behaviour
- Professor Peter Clarkson – economic implications and disclosure of corporate environmental and social performance
- Professor Sara Dolnicar – sustainable tourism, experimental research in environmental sustainability, nudging for environmental sustainability, food waste, environmental volunteering and public acceptance of water alternatives
- Dr Vincent Emodi – energy economics, climate policy and new energy technology commercialisation
- Dr Claudia Gonzalez – Marketing and sustainability, digital marketing and brand management and consumer culture
- Dr Danyelle Greene – pro-environmental behvaiours in enjoyment-focused contexts
- Dr Mireia Guix Navarrete – sustainability reporting and corporate social responsibility management for the hospitality and tourism industry
- Professor Kathy Herbohn – economic implications of sustainability reporting, with an emphasis on carbon
- Associate Professor Karen Hughes – interpretation, wildlife tourism, designing experiences that prompt visitors to increase their everyday environmental behaviour
- Professor Paula Jarzabkowski – reconfiguring the insurance sector to cope with rising climate-induced risk
- Associate Professor Jacquelyn Humphrey – environmental and social factors in financial markets
- Dr Stephen Jones – government climate policies
- Dr Yiqiong Li – Drivers of Environmental behaviour in the workplace
- Professor Thomas Maak – business purpose and sustainable futures
- Associate Professor Judith Mair – environmental and social impacts and legacies of festivals and events
- Dr Ihtisham Malik – climate policy and its financial implications
- Dr Cristyn Meath – organisational vulnerability to natural capital decline, organisational values, corporate reporting for sustainability
- Dr Katie Meissner – community consultation in environmental decision-making
- Dr Mucha Mkono – Wildlife tourism, environmentalism, and ethical consumption in the tourism sector
- Dr Miriam Moeller – sustainable global mobility designs
- Associate Professor Muhammad Nadeem – corporate social and environmental responsibility, corporate misconduct, environmental accounting and reporting
- Dr Suman Neupane-Joshi – climate finance
- Dr Lance Newey – wellbeing governance in business and society, polarity leveraging for leading complexity, social entrepreneurship
- Professor Daniel Nyberg – transition to a low carbon economy; the politics of adaptation; how corporate political activities influence public policy
- Dr Sam Pearson – psychological factors underpinning progress towards net-zero
- Dr Anna Phelan – ecological economics, sustainable livelihoods, ocean plastic pollution
- Dr Kate Power – sustainability discourse in performing arts organisations
- Dr Saphira Rekker – corporate environmental performance measurement
- Dr Russell Richards – socio-ecological modelling and assessment, systems theory
- Professor Brent Ritchie – crisis and disaster management in services, aviation carbon offsetting
- Associate Professor Richard Robinson – tourism workforce crisis resilience and recovery strategy
- Professor Lisa Ruhanen – leveraging the socio-economic opportunities of tourism for Aboriginal and Torres Strait Islander peoples; embedding sustainability in tourism policy, planning and governance
- Dr Ya-Yen Sun – environmental and economic impact of tourism, tourism carbon footprinting
- Dr Corinne Unger – climate-induced disaster resilience to inform the management of reinsurance pools
- Associate Professor Gabby Walters – tourism market recovery following crises and disastrous events
- Dr Jie Wang – Organisational crisis management and business disaster resilience in tourism and hospitality
- Associate Professor Frank Zhang – corporate social responsibility, corporate philanthropy, and corporate sustainability from a capital market perspective
- Associate Professor Yunxia Zhu – Moral Emotions and Business Ethics in Global Contexts
- Dr Ann Zinn – sustainable tourism, social identity processes, experimental research
Associates
PhD Students
- Cameron Balch (supervised by Dr Noreen Breakey)
- Kylie Brosnan (supervised by Professor Sara Dolnicar)
- Qingqing Chen
- Suberia Clemmensen
- Csilla Demeter (supervised by Professor Sara Dolnicar and Dr Ya-Yen Sun)
- Tiah Goldstein (supervised by Professor Martie-Louise Verreynne)
- Angus Gray
- Tonlin Hsieh (supervised by Professor Sara Dolnicar)
- June Jung (supervised by Professor Kathleen Herbohn and Professor Peter Clarkson)
- Rachelle Mariano
- Sarah McInnes (supervised by Professor Sara Dolnicar, Dr Faith Ong, and Dr Monica Chien)
- Samira Nazar
- Timothy Pullen (supervised by Associate Professor Jacquelyn Humphrey)
- Rohan Rao (supervised by Dr Saphira Rekker and Associate Professor Jacquelyn Humphrey)
- Md Shahiduzzaman (supervised by Associate Professor Jacquelyn Humphrey)
- E Da Silva Santos (supervised by Professor Brent Ritchie)
- Neil Taylor
- Hieu Nguyen Thi (supervised by Professor Brent Ritchie)
- Oscar Yuheng Zhu – The role of culture in inducing pro-environmental behaviour in tourism (supervised by Professor Sara Dolnicar, Dr Ya-Yen Sun, Dr Monica Chien, Dr Faith Ong)
- Wendy Pham
- Syvannah Wilson
- Wanru Zhou
Our Research
Corporate sustainability – decarbonisation, climate change and natural resources
Researchers within the Business Sustainability Initiative specialise in adaptation and organisational resilience to the effects of climate change, the use and valuation of natural resources and the impact on local livelihoods.
Key research areas are in:
- Examining dynamic capabilities for decarbonisation
- Corporate adaptation
- Investigating how businesses can support progress towards achieving the Sustainable Development Goals
- Applying systems theory to corporate sustainability questions.
With resource scarcity and climatic change defining future trends, the Business Sustainability Initiative provides thought and practice leadership on these key issues for achieving a sustainable future.
Capital markets – social and environmental performance and measurement
Researchers within the Business Sustainability Initiative are specialists in the interaction between environmental, social and governance (ESG) issues and capital markets.
Financial market participants are increasingly demanding information on ESG and ESG factors are becoming critically important in decision-making by investors, firms and governments. Key research areas are the economic implications of ESG, firm disclosure of ESG issues, measurement of ESG performance and how investors respond to firms’ ESG decisions.
Social - social impact and entrepreneurship
Business Sustainability Initiative researchers specialise in social impact and entrepreneurship. The Unit has a theoretical and practical impact on communities by connecting evidence-based social solutions with profitable business models.
Research is also currently underway which seeks to break new ground regarding how to build communities for sustainable well-being, as well as how to manage sustainable and scalable social enterprises. Researchers are actively engaged in conducting social entrepreneurship training programs for disadvantaged communities both locally and abroad.
Risk and Resilience – climate impacts and environmental uncertainty
Researchers within the Business Sustainability Initiative focus on assessing the impact of business development on resilience and adaptation capacity to environmental uncertainties, risks, and climate-related challenges.
The Business Sustainability Initiative provides leadership on key issues for governance. These areas of governance suggestions include examining the economic and environmental trade-offs of business sustainability development and providing cost-benefit analyses of risks mitigation policies for national and regional governments. Research initiatives focus on enhancing businesses’ resilience and adaptation capacity to nature-related and human-induced risks from an individual and organisational perspective. Researchers also specialise in assessing the risk attitudes of customers and firms’ strategies to effectively respond to and recover from crises and disasters.
Our Projects
Rapid Switch Australia: The primary purpose of Rapid Switch initiative is to sustain and accelerate the global transition to a zero-carbon economy.
BSI researchers: Dr Saphira Rekker and Dr Belinda Wade
Spearheaded by the Andlinger Center for Energy and the Environment at Princeton, Rapid Switch is a cross-disciplinary, multi-country initiative seeking to deepen our knowledge of the most critical barriers and bottlenecks confronting the transition and to develop strategies to avoid or overcome them. Aligned with the wider project scope this collaboration between the UQ Business School and the Dow Centre, provides a much-needed interdisciplinary approach focusing on the how the business and finance sectors, can contribute to the Rapid Switch.
Consumer preferences for voluntary carbon mitigation in the aviation sector. (ARC Discovery - $186,400 in funding, 2015-2018)
BSI researcher: Professor Brent Ritchie
The demand for aviation is rapidly growing, creating carbon emissions. However, little is known about consumer preferences for aviation carbon offsets and how they evolve over time. This lack of information hinders the expansion of voluntary schemes at a crucial period in history.
This research will investigate consumers’ offset preferences and their willingness to pay for aviation carbon mitigation using a time-series methodology. The project will inform government policies and help industry to develop carbon offset programs which are more likely to be supported by consumers. It will also profile carbon offsetting groups to support communication activities to increase the size and value of offsets.
The economic implications of decarbonisation and climate change
BSI researchers: Professor Peter Clarkson and Associate Professor Kathleen Herbohn
Entities are exposed to carbon risks and opportunities stemming from the business, reputational and physical implications of climatic change. Current research initiatives focus on understanding these carbon risks and opportunities through the lens of debt and equity markets. Researchers are progressing projects examining:
- The impact of carbon risk on the cost of debt capital and factors that mitigate carbon-related costs
- The extent to which capital markets value the screening and monitoring activities of lenders
- The alignment between the rhetoric of the Big 4 Banks in Australia regarding their commitment to reducing the carbon risk exposure within the loan portfolios and the capital markets assessment of their activities.
Additional research initiatives involve a consideration of the extent to firms' business strategies mitigate the valuation penalty assigned to carbon emissions within equity markets.
Encouraging voluntary purchasing of carbon offsets (ARC Linkage - $160,000 in funding, 2016-2019)
BSI researcher: Professor Brent Ritchie
Climate change is one of the most critical challenges societies collectively face today as well as the future. Voluntary carbon offsetting offers a solution that avoids politically costly mandatory offset schemes. Currently, fewer than 10% of air travellers purchase carbon offsets voluntarily, presenting significant untapped growth potential.
This project will:
- Profile consumers interested in voluntarily purchasing carbon offsets
- Identify motivational sub-segments among them
- Develop and experimentally test carbon offset offers for domestic flights targeted at these segments.
Findings will generalise beyond carbon offsetting for air traffic.
The impact of environmental and social information on investor choices
BSI researcher: Associate Professor Jacquelyn Humphrey
Traditional finance models assume that investors only consider risk and return in decision-making. This project is an experiment in investor decision-making, in which investment choices are linked to payments to social and environmental not-for-profit organizations. The outcome of this project will inform the debate on whether social and environmental considerations have an impact on how individuals make investment choices.
Challenges for adaptive governance in multilevel systems
BSI researcher: Dr Stephen Jones
This research focuses on the question of whether adaptive governance provides a framework for governments in multi-level systems developing and implementing waste policy. The project investigates linkages in socio-economic systems toward sustainable outcomes. It has been the attractiveness of the principles of good governance, namely legitimacy, accountability, inclusiveness and fairness that have been fundamentally linked to the pursuit of ecologically sustainable outcomes and the application of adaptive governance to an expanding range of policy areas.
This project examines the rapidly evolving challenges in establishing sustainable practices through waste management policy. The project applies an inventory of adaptive governance methods using the Australian experience with a waste policy as a means of analysing the challenges governments could face in a multilevel context.
‘Sustainability’ in the performing arts
BSI researcher: Dr Kate Power
‘Sustainability’ discourse has become a prominent aspect of 21st century business communication – but little attention has been paid to what this means in and for the performing arts. This research combines linguistic analysis with management studies, to investigate what ‘sustainability’ means to Major Performing Arts Companies (MPACs) in Australia.
First, it seeks to broaden existing business communications research to take better account of the unique practices of not-for-profit organizations. Second, it aims to help MPACs reflect broadly on their own sustainability, with a view to communicating more effectively to both funding bodies and the public the unique value, contributions, and support needs of the performing arts in Australia. Third, this research will contribute to developing discourse-oriented case studies focusing on organizational communication and sustainability in the performing arts sector.
Master of Business - Organisational Sustainability Field of Study
Why Study Organisational Sustainability?
Sustainable business management is of crucial importance for success in a future characterised by physical (natural), market, economic, legal and social uncertainty.
Transformation will be necessary to meet the risks, realise the opportunities and accelerate the path to a sustainable future defined by earths and society’s safe operating space*. New models of business and a greater understanding of system-wide impacts will be necessary for businesses to thrive in a climate changing, resource-constrained, and interconnected environment.
Whether your interest is in commercial business or social enterprise a comprehensive knowledge of sustainable business concepts is a critical requirement for leaders seeking to develop adaptive and resilient companies.
The UQ Business School is a world leader in providing skills for operating in future markets and exploring new and innovative business models. Within the Organisational Sustainability major students will combine theory with practice to provide them with the knowledge to succeed in an evolving global environment.
*Ref: Rockstrom et al. (2009) & Raworth (2012).
Employment Opportunities
Graduates of the Organisational Sustainability field of study enjoy careers as consultants, managers and advisers in large organisations and private businesses.
Our graduates work in areas such as sustainability, renewables and clean technology management, energy efficiency, or advise high-impact industries such as the resources and mining sector on social and environmental strategies. Job opportunities also exist in areas such as risk management, as well as in government and international organisations such as the United Nations.
The Organisational Sustainability Major within the Master of Business can cater to students interested in both corporate sustainability and social enterprise. Following are two example course plans for a full-time student looking to shape their study for either orientation. The plans are made up of core courses and electives from the Organisational Sustainability list and other relevant courses from within the Master of Business.
Find out more about the Organisational Sustainability Field of Study
Master of Business - Organisational Sustainability Program Plan
Circular Economy and the Water Sector of South East Queensland
Barriers to greenfield investment in decarbonisation solutions
Habit drives sustainable tourist behaviour
By Sarah MacInnes & Professor Sara Dolnicar
Pulling on Heartstrings: Three Studies of the Effectiveness of Emotionally Framed Communication to Encourage Workplace Pro-Environmental Behavior
Plastic pollution and packaging: Corporate commitments and actions from the food and beverage sector
Capabilities for circularity: Overcoming challenges to turn waste into a resource
By Dr Belinda Wade, Dr Cristyn Meath, Professor Andrew Griffiths
Industry report - Circular Economy and the Water Sector of South East Queensland
Sustainability in tourism
Professor Sara Dolnicar explains her research about sustainability in the tourism sector in four videos, To clean or not to clean, More fun equals less waste, Reusable cotton or single use paper, Who doesn't love a free drink.
Understanding (and reducing) inaction on climate change
Published July 2020 by Professor Matthew Hornsey
Despite well-publicised consensus among climate scientists, many people remain sceptical that climate change is occurring, or alternatively, that climate change is caused by humans. Changing the behaviour of climate sceptics presents complex challenges when trying to address the threat of climate change. This research describes and synthesizes research on the reasons for public scepticism about climate change and translates these reasons into concrete and doable recommendations that policy makers and communicators can put into practice.
Establishing political priority for regulatory interventions in waste management in Australia
Published July 2020 by Stephen Jones
Australia’s rising volume of waste per capita and dependence on offshore waste processing have brought the inadequacies of our recycling infrastructure to the public’s attention. Despite overwhelming public support for improvements to Australia’s recycling system, reliance on state-based voluntary agreements rather than overarching Commonwealth regulation has hampered efforts to achieve change.
Webinar Recordings
'Tis the season: Raise a glass and sip sustainably by supporting Australian wineries
While Australia’s way of life has undergone a seismic shift in 2020, some traditions appear unchanged: Friday knock-off wines (over Zoom, if not in person), Christmas drinks with family and friends and champagne toasts come New Year’s Eve.
Avoiding a different kind of pandemic - why business need a Plastic Stewardship Plan
The chaos caused by the coronavirus outbreak forced the hand of Australian businesses and organisations to create and action rigorous COVID Safe plans, allowing them to continue operating while mitigating risk to the community. Now, a researcher from The University of Queensland (UQ) Business School warns that without a similar coordinated approach to the global plastic waste issue, this crisis will continue to escalate.
Continue reading
UQ researchers awarded grant to help lead small to medium business recovery in Indonesia
Dr Heather Stewart and a team of researchers from the UQ Business School and Universitas Indonesia have been awarded a $20,000 grant under the Small, Rapid Research (SRR) scheme.
Indonesia’s coastal communities shoulder the impacts of ocean plastic
UQ Business School researcher Dr Anna Phelan said the social and economic costs of plastic waste were often borne by coastal communities with limited waste management rather than by producers and manufacturers.
How hotels can operate in sustainable ways, save money
Tourism has emerged as one of the hardest-hit industries during the coronavirus pandemic, yet, its income is paramount to the survival of most countries. Now is the perfect time to build in strategies that ensure environmental and economic sustainability as hotels, airlines and destinations look at how to rebuild for a more resilient future.
How travellers respond to crises and disasters and what tourism can do to minimise cancellations
Gabby Walters is an expert in crisis and disaster recovery marketing. In this “Good Tourism” Insight, Dr Walters shares some of what she knows about traveller concerns during and after a disruptive event and what travel & tourism stakeholders can do to mitigate losses and bounce back strongly.
Tackling Marine Plastic Pollution at Woodford Folk Festival
Ocean plastic pollution was one of the hot topics tackled by a University of Queensland academic at the recent six-day Woodford Folk Festival, which attracted over 130 000 people.
The real cost of remote work: impacts for managers, the environment and staff wellbeing
Our recent webinar held with the Future of Health and the Service Innovation Alliance Interdisciplinary Research Themes explored findings from new research on the unprecedented restriction of movement due to Covid-19 from the perspective of business and the environment.
Virtual Reality conferences to minimise the environmental impact of travel
In June 2020, AIBE collaborated with UQ Business, IT and civil engineering researchers, and international research organisation GRONEN to deliver two sessions in virtual reality at a conference for business and management academics.
Applying circular economy principles to water usage in Australia workshop
The Business Sustainability Initiative at the University of Queensland in partnership with the Centre for Circular Economy at the University of Exeter would like to invite you to a workshop on applying circular economy principles to water usage in Australia.
2019 Business Sustainability Initiative's inaugural colloquium
Published July 2019 by Dr Belinda Wade
Sustainability researchers from across Australia met in Brisbane for the UQ Business Sustainability Initiative’s inaugural colloquium from the 18-20th July 2019. Following a summer characterised by extreme weather events, from floods in northern Queensland to soaring temperatures in Sydney, Melbourne and Adelaide, the scene was set for research discussions on sustainability.
Research in the media
How does ESG information affect investors’ decisions?
Research can (and should) support corporate decarbonization
Using lots of plastic packaging during the coronavirus crisis? You’re not alone - The Conversation
Recovery, rebuilding and resilience: How bushfire-affected businesses can emerge stronger - SmartCompany
The future of sustainability for your business: How your business can adopt a circular economy - The UK Newspaper
Constructing a Sustainable Future Through Infrastructure Choices - Entrepreneur
Reflect, Review and Renew: The Three "Rs" of Maximising Corporate Investment in Sustainability - Entrepreneur
Success is Good, But Don't Forget to Embrace Sustainability - Entrepreneur
Business Sustainability Initiative: call for papers (PDF, 14.6 KB)
UQ Business School releases its UN PRME Report
New paradigms in a complex world
Dr Lance Newey
Meet the Business School sustainability researchers
Going green in 2019: sustainability tips for SMEs that won't break the bank
Dr Cle-Anne Gabriel speaks about how small business' can be sustainable
Wave power to solar windows: five energy tech innovations you didn't know existed
Dr Belinda Wade talks about energy technology
Magnifying sustainable change by showcasing Australian corporate success
A new balanced approach to leadership
Dr Lance Newey
The Future is Green: How businesses can build resilience and gain a competitive edge
Dr Belinda Wade
Rock solid approach to sustainable business practices