Why Meeting the Climate Change Challenge is Good News for Business
If you’ve been following the news, both mainstream and specialized, you won’t have missed the roundtables, expert interviews and panels speculating and debating on the most likely outcomes of the COP21.
While a high-level agreement (ideally limiting global warming below 2°C) is more than desirable, aside from the ‘closed-door’ policy negotiations, there is another critical aspect of COP21 that deserves to continue to be highlighted: its potential to extend climate change knowledge to a new and wider audience, catalyze positive change and innovation across all levels of society (including business) and succeed in transforming ‘momentum’ into concrete actions.
In this context, the conversation around climate change is taking center stage across a wide range of platforms and sectors, and the business world is no exception. The new challenges imposed by climate change and its management within the enterprise, mean that corporations must be prepared to adapt, rethink the way they do business, and develop the right tools to find value and opportunity through meeting the climate change challenge.
Businesses can expect to deal with increasing levels of unpredictability and more complex and diverse data, concerning not only CO2 emissions, but also water and energy use, stakeholder engagement, reputational risks, regulatory compliance, crisis management, product development and supply chain management, to name just a few areas. In any case, whichever way corporations choose to track and quantify climate change and their sustainability efforts, doing so in an integrated and efficient manner will become cornerstones of any business aiming to thrive in the coming decades.
Among the 40,000 participants expected to attend the COP, many will be business actors or professionals interested in diving into the role of business in addressing climate change.
For those planning to be at Le Bourget area of Paris between November 30 and December 11, we recently discussed some of the ways businesses can expect to engage and make the most of their time at the conference, for instance by attending key seminars like the Sustainable Innovation Forum (the largest business forum taking place during the COP) or participating in more unconventional, but equally rich, initiatives such as the ‘Climate Action Zone’, a meeting point and activism hub open to all, taking place during the last week of the COP at the ‘Centquatre’ space in Paris.
If you’re ready to learn more about the business/climate change nexus, on Tuesday, Dec 15 at 1pm EST we will be hosting an exclusive webinar in partnership with Greenbiz: Why Tacking Climate Change is Good for Business. Under the greater question of ‘How can business transform an apparent constraint into a source of competitive advantage and opportunity?’, this webcast will explore the following topics:
- How Climate Change is impacting businesses
- How to drive positive change within your organization with the right Climate Change mitigation strategies and tools
- Applicable insights from forward-thinking industry leaders who have not waited for COP21 to keep thriving while effectively tackling the challenges of global warming.