Timo Busch
Biographic Data
| ID | 3704940 |
|---|---|
| NAME | Timo Busch |
| GIVEN NAMES | Timo |
| FAMILY NAME | Busch |
| SIGNATURE | BUSCH T |
| AFFILIATIONS | Universität Hamburg |
| ORCID | 0000-0001-6405-5252 |
| VERIFIED | Yes |
| TOTAL WORKS | 24 |
| TOTAL CITATIONS | 2 |
| AUTHOR COUNT | 24 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2007 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 1 |
The Micro-Processes of Transitioning to a Circular Economy Through Capital Allocation
Financial stakeholders play a key role in facilitating the initiation and growth of new circular business models, as well as supporting substantial improvements in existing linear incumbent firms. To empirically investigate how financial stakeholders make sense and form investment practices around the circular economy (CE) as an emerging, novel category in the financial industry, we conducted 37 interviews across 31 asset management firms, using …
Assessing company sustainability impact
The transition to a sustainable economy requires investments in companies capable of driving real‐world transformations. Impact assessments are central to this, yet existing company impact assessment tools for impact investing lack the necessary methods and data to determine the significance of environmental and social impacts. This paper addresses this gap by first exploring the life cycle assessment (LCA) literature on LCA logics and their appl…
Biodiversity finance
Climate (in)action? The relationship between CEO early-life experiences and corporate climate policies
Monetary impact valuation for sustainable business
That's none of my business
The contribution of large companies is needed to decarbonize energy systems and the production of goods and services. Many companies respond actively to increasing pressures for contributing to the Paris Agreement's temperature goal, but is this more than greenwashing? A realistic assessment of companies' climate responses proves methodologically challenging. Previous literature highlighted a loose coupling of “symbolic” and “substantive” measure…
Corporate Greenhouse Gas Emissions’ Data and the Urgent Need for a Science-Led Just Transition
Not My Business
Managing organizational change toward corporate sustainability requires leaders to engage in sensegiving activities to alter organizational members’ interpretation of issues within and outside the organization. However, we still lack detailed insights into how efforts aimed at changing members’ cognitive frames through sensegiving are shaped by differences in members’ roles and role identities. To address this shortcoming, we draw on an 18-month …
A Change Will Do You Good
Superior corporate environmental performance (CEP) is considered to be an indication of well-managed firms. While previous empirical research has operationalized various environmental measurements, one aspect has remained under-scrutinized, namely, continuous improvement. We examine whether continuous CEP improvement is reflected in aggregated environmental scores provided by sustainability rating agencies. From a natural resource-based view, we …
Corporate Carbon and Financial Performance Revisited
To assess the robustness and sensitivity of the findings in Delmas, Nairn-Brich, and Lim, we conduct a replication and an extension study. In the replication, we use their research design but analyze another time frame. In our extension, we furthermore expand the geographical scope, and use another carbon performance measure as well as a different set of control variables. We show that the finding that higher carbon emissions are associated with …
Corporate carbon performance data
Corporate carbon performance (CCP) has become a central topic in political, financial, and academic domains. At the same time, several characteristics of CCP data, including comparability and consistency, remain unresolved. The literature has extensively covered issues regarding the comparability of CCP data from a firm‐internal perspective. However, it has not yet examined the consistency of CCP data between third‐party data providers. This arti…
Can Sustainable Investing Save the World? Reviewing the Mechanisms of Investor Impact
This article asks how sustainable investing contributes to societal goals, conducting a literature review on investor impact—that is, the change investors trigger in companies’ environmental and social impact. We distinguish three impact mechanisms: shareholder engagement, capital allocation, and indirect impacts, concluding that the impact of shareholder engagement is well supported in the literature, the impact of capital allocation only partia…
Industrial ecology, climate adaptation, and financial risk
Climate adaptation has become an important topic for risk management in companies. This article investigates the usefulness of Industrial Ecology tools and concepts in this context. The conclusion is that the established tools and concepts were not designed with the purpose of assisting managers in the climate adaptation and related financial risk context. Nevertheless, the tools and concepts offer plenty of aspects and features that are helpful …
Financial Markets and the Transition to a Low-Carbon Economy
Financial markets play a major role in contributing to the transition to a low-carbon economy. Although many initiatives and developments are taking place, this is just the beginning. In this article, we argue for a theory of change—a theory rooted in logics that will help financial markets play a key role in the transition to a low-carbon economy. We argue that the current dominant logics in finance—short-termism, predictability of the future ba…
Value(s) for Whom? Creating Value(s) for Stakeholders
While mankind in the 21st century faces several sustainability challenges, many business practices remain on a nonsustainable pathway. At the same time, many scholars as well as managers consider maximizing shareholder wealth as the only business imperative. We argue that this situation calls for revisioning—that is, reorienting and redefining—what is meant by value creation. This revisioning requires a considerable broadening of our understandin…
Estimating Corporate Carbon Footprints with Externally Available Data
Corporate carbon footprints (CCFs) are a core tool in greenhouse gas emissions reporting. Established approaches for CCF calculation are based on an internal perspective that requires detailed corporate information. However, many firms do not publish information about their emissions. We seek to close this data gap by estimating scope 1 and 2 CCFs from an external perspective. The study uses a regression analysis approach, using actual firm‐inter…
The Island Logic
Unleashing the Powerful Few
Despite their apparent interest, private investors are surprisingly disengaged from sustainable investing, an observation that has received limited scholarly attention. This theory building study draws on the theory of planned behaviour to conceptualize the decision-making process of private investors towards sustainable investing. Findings from literature provide some insights but do not yield a comprehensive answer as to why private investors r…
Managing for Climate Risk
Which Emissions Do We Need to Account for in Corporate Carbon Performance? Response to Murray and Colleagues
The carbon performance of the 100 largest US electricity producers
Corporate Carbon Performance Indicators Revisited
Carbon Constraints in the Fourteenth and Twenty‐first Centuries
Emerging carbon constraints for corporate risk management
Carbon Constraints in the Fourteenth and Twenty‐first Centuries
Emerging carbon constraints for corporate risk management
Corporate Carbon Performance Indicators Revisited
Which Emissions Do We Need to Account for in Corporate Carbon Performance? Response to Murray and Colleagues
The carbon performance of the 100 largest US electricity producers
Managing for Climate Risk
Unleashing the Powerful Few
Despite their apparent interest, private investors are surprisingly disengaged from sustainable investing, an observation that has received limited scholarly attention. This theory building study draws on the theory of planned behaviour to conceptualize the decision-making process of private investors towards sustainable investing. Findings from literature provide some insights but do not yield a comprehensive answer as to why private investors r…
The Island Logic
Estimating Corporate Carbon Footprints with Externally Available Data
Corporate carbon footprints (CCFs) are a core tool in greenhouse gas emissions reporting. Established approaches for CCF calculation are based on an internal perspective that requires detailed corporate information. However, many firms do not publish information about their emissions. We seek to close this data gap by estimating scope 1 and 2 CCFs from an external perspective. The study uses a regression analysis approach, using actual firm‐inter…
Value(s) for Whom? Creating Value(s) for Stakeholders
While mankind in the 21st century faces several sustainability challenges, many business practices remain on a nonsustainable pathway. At the same time, many scholars as well as managers consider maximizing shareholder wealth as the only business imperative. We argue that this situation calls for revisioning—that is, reorienting and redefining—what is meant by value creation. This revisioning requires a considerable broadening of our understandin…
Financial Markets and the Transition to a Low-Carbon Economy
Financial markets play a major role in contributing to the transition to a low-carbon economy. Although many initiatives and developments are taking place, this is just the beginning. In this article, we argue for a theory of change—a theory rooted in logics that will help financial markets play a key role in the transition to a low-carbon economy. We argue that the current dominant logics in finance—short-termism, predictability of the future ba…
Can Sustainable Investing Save the World? Reviewing the Mechanisms of Investor Impact
This article asks how sustainable investing contributes to societal goals, conducting a literature review on investor impact—that is, the change investors trigger in companies’ environmental and social impact. We distinguish three impact mechanisms: shareholder engagement, capital allocation, and indirect impacts, concluding that the impact of shareholder engagement is well supported in the literature, the impact of capital allocation only partia…
Industrial ecology, climate adaptation, and financial risk
Climate adaptation has become an important topic for risk management in companies. This article investigates the usefulness of Industrial Ecology tools and concepts in this context. The conclusion is that the established tools and concepts were not designed with the purpose of assisting managers in the climate adaptation and related financial risk context. Nevertheless, the tools and concepts offer plenty of aspects and features that are helpful …
A Change Will Do You Good
Superior corporate environmental performance (CEP) is considered to be an indication of well-managed firms. While previous empirical research has operationalized various environmental measurements, one aspect has remained under-scrutinized, namely, continuous improvement. We examine whether continuous CEP improvement is reflected in aggregated environmental scores provided by sustainability rating agencies. From a natural resource-based view, we …
Corporate Carbon and Financial Performance Revisited
To assess the robustness and sensitivity of the findings in Delmas, Nairn-Brich, and Lim, we conduct a replication and an extension study. In the replication, we use their research design but analyze another time frame. In our extension, we furthermore expand the geographical scope, and use another carbon performance measure as well as a different set of control variables. We show that the finding that higher carbon emissions are associated with …
Corporate carbon performance data
Corporate carbon performance (CCP) has become a central topic in political, financial, and academic domains. At the same time, several characteristics of CCP data, including comparability and consistency, remain unresolved. The literature has extensively covered issues regarding the comparability of CCP data from a firm‐internal perspective. However, it has not yet examined the consistency of CCP data between third‐party data providers. This arti…
Corporate Greenhouse Gas Emissions’ Data and the Urgent Need for a Science-Led Just Transition
Not My Business
Managing organizational change toward corporate sustainability requires leaders to engage in sensegiving activities to alter organizational members’ interpretation of issues within and outside the organization. However, we still lack detailed insights into how efforts aimed at changing members’ cognitive frames through sensegiving are shaped by differences in members’ roles and role identities. To address this shortcoming, we draw on an 18-month …
The Micro-Processes of Transitioning to a Circular Economy Through Capital Allocation
Financial stakeholders play a key role in facilitating the initiation and growth of new circular business models, as well as supporting substantial improvements in existing linear incumbent firms. To empirically investigate how financial stakeholders make sense and form investment practices around the circular economy (CE) as an emerging, novel category in the financial industry, we conducted 37 interviews across 31 asset management firms, using …
Assessing company sustainability impact
The transition to a sustainable economy requires investments in companies capable of driving real‐world transformations. Impact assessments are central to this, yet existing company impact assessment tools for impact investing lack the necessary methods and data to determine the significance of environmental and social impacts. This paper addresses this gap by first exploring the life cycle assessment (LCA) literature on LCA logics and their appl…
Biodiversity finance
Climate (in)action? The relationship between CEO early-life experiences and corporate climate policies
Monetary impact valuation for sustainable business
That's none of my business
The contribution of large companies is needed to decarbonize energy systems and the production of goods and services. Many companies respond actively to increasing pressures for contributing to the Paris Agreement's temperature goal, but is this more than greenwashing? A realistic assessment of companies' climate responses proves methodologically challenging. Previous literature highlighted a loose coupling of “symbolic” and “substantive” measure…
Business (20 works) · Economics (19 works) · Computer Science (10 works) · Sustainability (10 works) · Corporate Social Responsibility Reporting (9 works) · Political science (9 works) · Finance (7 works) · Greenhouse gas (7 works) · Sustainable Supply Chain Management (7 works) · Climate Change Policy and Economics (6 works)