Big Data

Business Responds To Climate Change

Date Added: Jan 2010
Format: PDF

As 2010 begins, looking back at how the posture of business towards climate change has changed over the last decade is fitting. Although a landmark global agreement did not emerge from the Copenhagen summit, businesses in industries as diverse as power generation, consumer products, and investments have embraced going green as a strategy to reduce costs, stimulate innovation, and gain competitive advantage. While corporate leaders and environmentalists once stood on opposite sides of the spectrum, businesses now engage environmental issues and climate change through organizations and initiatives such as the World Business Council for Sustainable Development, the Carbon Disclosure Project, EPA Climate Leaders, and the Investor Network on Climate Risk.