For corporations, climate change is a business and shareholder value issue that involves strategy, risk management and financial performance.
Companies need to address two key aspects of climate change. Mitigation is being employed to reduce the company's own greenhouse gas emissions that contribute to climate change. Adaptation is being used to respond to the anticipated effects of climate change on company operations, such as water shortages or extreme weather conditions.
A new CICA publication entitled Executive Briefing Climate Change and Related Disclosures, discusses climate change issues relevant to business and identifies five important questions executives need to consider ...