Trends in climate change

Trends in climate change

5 January, 2011
Key points for business
What roles can businesses play in mitigating climate change?
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With increasing understanding of the impacts of business operations on climate change, more and more organizations are becoming involved in the business of climate change. While regrettably little global agreement came out of Copenhagen, the major business leaders of the world were there, demonstrating that businesses are already acting and innovating on climate change and it is business that can likely drive a stronger commitment to creating a global climate change policy framework. Here are some trends for climate change to watch for in the business world.

Engagement
With higher stakeholder expectations, prudent organizations are taking measures to improve staff literacy about climate change and its impacts on business, and keeping the public abreast of such actions. With the increasing popularity of social media, companies that do not communicate to stakeholders well about their actions can easily become targets of watchdogs.

Networks
Platforms on environmental issues are an increasing presence in the media world, such that up-to-date information on the most current climate change issues are widely available, in many cases even tailored to specific industries. These are also invaluable ways to not only learn what others are doing right, but to showcase what steps a company is taking to lower climate impacts and to connect with partners that can help with carbon management and climate change adaptation.

Transparency
With more and more data tools available for businesses, making information on the climate impacts of businesses is something that governments, shareholders and NGOs want from companies. Information services can range from participating in climate registries to providing real-time greenhouse gas emissions. The wealth of available tools and services leaves no excuse for nondisclosure.

Products
The concept of footprinting is simple to understand, and is something that consumers want to know when choosing a product. Businesses that are have already begun working with suppliers on the environmental impact of their product supply chain will be better prepared for future requirements to report on the lifecycle emissions of products.

Suppliers
While companies can green their offices and support environmental causes on site, transferring potential environmental impacts to developing countries is not an answer. By engaging responsible suppliers with certifications and good track records, are less likely to be dubbed as greenwashing and shifting problems elsewhere.

Image via www.youcontrolclimatechange.com

By: Ecozine Staff
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