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Talking the Walk: ESG Discourse as Strategic Dynamic Capability

歩くことを語る:戦略的ダイナミック・ケイパビリティとしてのESGディスコース (AI 翻訳)

Floriana Luisi, Olga Maria Stefania Cucaro

Business Strategy and the Environment📚 査読済 / ジャーナル2026-07-09#ESGOrigin: EU経営インパクト: 資金調達対象セクター: cross_sector
DOI: 10.1002/bse.71266
原典: https://doi.org/10.1002/bse.71266
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🤖 gxceed AI 要約

日本語

本論文は、ESGディスコースを組織の適応能力として概念化し、動的ケイパビリティ理論に基づき、センシング、セイジング、トランスフォーミングの3つの顕在化指標を導出。欧州の公益・テクノロジー企業23社の検証済みESGソーシャルメディアデータ10,690件を分析し、ガバナンス開示の構造的一貫性、環境ナarrativesのエンゲージメント向上、プラットフォーム別の正当性ロジックの違いを発見。特に、セクターのマテリアリティとプラットフォームのアフォーダンスが一致する場合にエンゲージメントが最大となる「プラットフォーム・マテリアリティ・マトリクス」を提案している。

English

This paper conceptualizes ESG discourse as a discursive dynamic capability, deriving three observable manifestations (sensing, seizing, transforming). Analyzing 10,690 ESG-validated social media posts from 23 European utilities and technology firms (2021–2023), it finds governance discourse shows structural consistency, environmental narratives drive engagement in risk-exposed utilities, and digital platforms impose distinct legitimacy logics. Engagement is highest when ESG content aligns simultaneously with sector materiality and platform affordances, supporting the proposed Platform–Materiality Matrix.

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

📝 gxceed 編集解説 — Why this matters

日本のGX文脈において

日本の企業はSSBJや有価証券報告書におけるESG開示の質的向上を求められており、本論文のフレームワークは、開示内容とプラットフォーム(例:統合報告書、ウェブサイト、SNS)の整合性を高める実践的な示唆を提供する。欧州データではあるが、日本企業のESGコミュニケーション戦略にも応用可能。

In the global GX context

As firms globally face ISSB/TCFD/CSRD disclosure mandates, this study offers a novel lens: ESG discourse as a dynamic capability. It shows how aligning content with materiality and platform-specific legitimacy logic boosts stakeholder engagement, relevant for corporate communication teams designing multi-channel disclosure strategies.

👥 読者別の含意

🔬研究者:Provides a theoretical framework linking dynamic capabilities to ESG discourse, with empirical evidence of discursive patterns.

🏢実務担当者:Offers actionable insights for ESG communication: align platform choice (e.g., LinkedIn vs. X) with material topics to maximize engagement.

📄 Abstract(原文)

Conventional wisdom suggests that firms must “walk the talk” on sustainability. In turbulent institutional environments, however, talking increasingly becomes part of the walk, as organizations use sustainability discourse to construct and maintain legitimacy. Drawing on the dynamic capabilities framework and on communication‐centered perspectives on organizing, legitimation, and CSR communication, this study conceptualizes ESG discourse as a discursive dynamic capability: the learned, patterned capacity of an organization to purposefully adapt its communicative routines (thematic emphasis, narrative framing, and platform deployment) in response to shifting institutional and stakeholder expectations. Because dynamic capabilities cannot be observed directly, we derive three observable manifestations through which such a capability should leave empirical traces: materiality‐aligned content emphasis (sensing), platform‐tailored framing (seizing), and routinized thematic consistency (transforming). Our hypotheses test these manifestations and their configurational alignment. Using a dataset of 10,690 ESG‐validated social media messages posted between 2021 and 2023 by 23 major European Utilities and Technology firms, the analysis reveals three main patterns: Governance discourse emerges as a low‐volume yet structurally consistent communicative routine across sectors; environmental narratives generate significantly higher engagement in risk‐exposed utilities firms; and digital platforms impose distinct legitimacy logics, with Facebook favoring participatory resonance and Twitter/X enabling selective signaling. Crucially, engagement is highest when ESG content is aligned simultaneously with sectoral materiality and platform affordances, supporting the Platform–Materiality Matrix and the adaptive‐fit logic that underpins it. Taken together, the findings provide systematic evidence of the discursive patterns that a discursive dynamic capability would be expected to produce, even though the capability itself remains an inferred rather than directly observed construct. By conceptualizing ESG discourse as a discursive dynamic capability, this study contributes to research on strategic communication, sustainability disclosure, and the role of digital platforms in shaping organizational legitimacy.

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