climate change
Seven key elements of corporate strategy on Climate Change
The greatest environmental challenge of our time is certainly climate change. In the next years and decades climate change will have a marked effect on our lives. Not only through physical changes in climate, but also through changes in our energy consumption, travel patterns and many other aspects of our lives. Companies are not affected by these changes. Markets change, as the customer and will be a sharp increase in legislation regarding climate change and greenhouse gas emissions. Strategy development Climate change is therefore an essential part of good corporate governance. This article gives a brief description of the elements that each company change strategy climate must be included.
Climate change management should adopt two different strategies: climate change mitigation and adaptation climate change. Offers climate change mitigation by reducing greenhouse gases to the atmosphere of Earth. Carbon foot printing carbon and traditional accounting measures are used in the context of this strategy. Adaptation to climate change focuses on measures that respond to changes and vulnerabilities the organization that presents itself as inevitable result of physical changes in our climate. A good corporate climate change strategy covers both mitigation and adaptation.
1. Understanding emissions of greenhouse gases in the organization
Understanding the organization emissions greenhouse gases is essential in all credible climate change corporate strategy. To achieve this a comprehensive inventory of greenhouse gases should be made. The inventory is a first step to manage and reduce emissions, which are also key elements of a corporate climate change strategy. The inventory along with how management and reduction of the nucleus of an accounting system for greenhouse gas. There are two internationally recognized systems for greenhouse gas accounting Greenhouse available. It is ISO 14064 and the Protocol Greenhouse Gas.
2. The understanding of climate change vulnerability
Most large organizations have begun to make an inventory of greenhouse gases and have taken steps to reduce their carbon footprint. As I described in the introduction, adaptation to climate change is also an important part of an overall business climate. Develop an understanding of an organization's vulnerability to climate change a review of the operations, products and services, transport needs to be done, and an understanding of the physical changes in the climate in which the organization operates. There are no clear guidelines on how to develop an understanding of vulnerability to climate change climate, although the Panel on United Nations Climate Change has published a series of reports documenting the expected changes in climate in each one of the regions of the world throughout this century. In addition to these worldwide publications, many governments have funded research to predict the risk of climate change nationwide.
3. Commit to reducing emissions of greenhouse gases
As part of corporate strategy credible climate change, a commitment to reduce emissions of greenhouse gases should be in the highest level in the organization.
4. Develop internal corporate capacity
Development of internal capacity is essential to drive through improvements to both emissions of greenhouse gases and vulnerability climate change. It is the people within the organization who are best placed to find practical solutions that will support any breeding program. Ensure adequate level of knowledge and understanding within the staff in regard to climate change issues facing the organization is a key element the corporate climate change strategy.
5. Working with the supply chain and engage with stakeholders
An important contribution to the carbon footprint of a product that an organization takes place during the process of suppliers. In addition to an organization should be aware of the vulnerability climate change in their own supply chain. A climate change strategy firms, therefore, address the role of supply chain management issues climate change.
6. Adopt and implement an improvement action plan
The first five elements provide a comprehensive understanding of climate change issues facing an organization. From this understanding of an improvement plan must be developed. As with any plan of action credible action should consist of SMART targets, fully funded, and be relevant to climate change threats and opportunities of the organizations.
7. Publish an annual report
The final element is the publication of an annual report showing progress against the action plan reaffirms the commitment improvement and accounts of carbon emissions.
About the Author
Paul Giesberg is founder and Principal Director at Planning for Sustainability Ltd. This firm specialises in supporting organisations with meeting the challenges of sustainable development in infrastructure and real estate development projects. Among the services that Planning for Sustainability provides are BREEAM advice and assessments and environmental impact assessments. Paul Giesberg also manages a website dealing with GHG accounting.
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Why climate change supporters to give money to developing countries to save the earth?
If people really so dumb that think that rich countries deliver more money to corrupt third world and developing countries will stop catastrophic climate change? Nothing will change country except the rich elite get richer. Anyone who thinks that you will use the money to care for the environment is being too idealistic.
AAAAAHHHHHHHHHHHHHHHHH WELL i THINK YOUR RIGHT! i saw this same monopoly on news and trivia! Of course, always be careful of the downtrodden, a great message to fly the flag. Like you said the problem is getting their sticky fingers on the money that should help most. I pointed out in another time and another question …. Aid must demonstrate that the time in the next government show a real change and real evidence out of their way to help your people first and stop the corruption …. then and only then all other nations to help. This is equivalent to reward a good boy ….. …- v a bad boy ………….. Would give a huge bag candy to a bad boy and then tell them not to do that?? YOU make a huge bag of candy to a child who behaves well and say it's great what you are doing!
