International Journal of Research Studies in Management
CollabWritive Special Issue
2025 Volume 13 Issue 6
Available Online: 18 July 2025
Author/s:
Wang, Jintao
Graduate School, Lyceum of the Philippines University – Batangas, Philippines (18406597751@163.com)
Abstract:
This study examines the industrial innovation, CSR, and risk management of coal enterprises in Shanxi Province. The aim is to assess the status of these companies in terms of industrial innovation, CSR implementation, and enterprise risk management capabilities, particularly focusing on their comprehensive green innovation capabilities, stakeholder engagement, and identification, assessment, handling, communication, and reporting of corporate risks. Additionally, it aims to outline the specific content of industrial innovation in coal enterprises and analyze the relationship between these initiatives and corporate social responsibility and risk management. Finally, the study focuses on the framework of environmental management performance in coal enterprises. The insight from this study is that if a coal company has high levels of industrial innovation capability, then its green innovation capability, green innovative technology, and green organizational identity are intrinsically linked in multiple aspects. Improving the environmental management performance of such companies depends on two aspects: one is the company’s comprehensive industrial innovation capability, and the other is its performance in fulfilling corporate social responsibility and risk management capabilities. Findings outline several key pathways for coal companies to enhance environmental management performance. Companies urgently need to implement green-driven strategies, with setting up dedicated innovation funds being a crucial approach to achieving this goal. They must also more actively fulfill their corporate social responsibilities, establish continuous improvement mechanisms for environmental management, boost risk management capabilities, and build information sharing platforms, all of which are vital for sustainable development. Embracing green innovation technologies to elevate industry innovation levels is equally important as strengthening internal controls and strategic assessments within the company. Finally, this study develops a comprehensive environmental management performance framework for coal companies.
Keywords: industry innovation, corporate social responsibility, risk management, environmental management performance framework
DOI: https://doi.org/10.5861/ijrsm.2025.25079
Cite this article:
Wang, J. (2025). Industry innovation, corporate social responsibility, and risk management of coal enterprises in Shanxi Province: Basis for an environmental management performance framework. International Journal of Research Studies in Management, 13(6), 33-43. https://doi.org/10.5861/ijrsm.2025.25079