The Changing Profile of Corporate Climate Change Risk

Business & Finance, Business Reference, Business Ethics, Management & Leadership, Planning & Forecasting
Cover of the book The Changing Profile of Corporate Climate Change Risk by Mark Trexler, Laura Kosloff, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Mark Trexler, Laura Kosloff ISBN: 9781351276108
Publisher: Taylor and Francis Publication: September 8, 2017
Imprint: Routledge Language: English
Author: Mark Trexler, Laura Kosloff
ISBN: 9781351276108
Publisher: Taylor and Francis
Publication: September 8, 2017
Imprint: Routledge
Language: English

This book will help business executives to (1) rethink their perceptions of climate risk (2) evaluate whether their company is effectively positioned, and (3) make informed and prudent business decisions about climate change risk in an environment rife with policy uncertainty.Business risk associated with climate change is commonly assumed to be primarily policy driven. Many companies internalize the current stalemate over global climate policy into a perception that climate risk is no longer a critical issue. Business climate risks, however, include: Operational and Supply Chain (Physical) Risk, Brand Risk, Market-driven Structural Risk, Liability Risk.As national and global policy to materially reduce climate change is delayed, it is business-prudent to assume that the level of climate risk is increasing. Even if policy risk might seem lower today than a few years ago, political will can change quickly. Should physical impacts of climate change manifest in dramatic ways, for example, draconian climate policy is likely to follow quickly. These conditions create a complex and shifting business risk environment, and most companies either overlook or substantially underestimate key climate risks. How many companies, for example, are positioned for material climate change outcomes, whether physical or regulatory? Companies with little climate change exposure may not face much downside risk from taking a wait-and-see approach. For those with greater exposure, being "too late" to respond will mean costs and competitive impacts that could have been avoided. Being "too early," however, can mean being penalized later for actions that reduce a company’s emissions today, or competitive disadvantage from getting too far out in front of competitors.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book will help business executives to (1) rethink their perceptions of climate risk (2) evaluate whether their company is effectively positioned, and (3) make informed and prudent business decisions about climate change risk in an environment rife with policy uncertainty.Business risk associated with climate change is commonly assumed to be primarily policy driven. Many companies internalize the current stalemate over global climate policy into a perception that climate risk is no longer a critical issue. Business climate risks, however, include: Operational and Supply Chain (Physical) Risk, Brand Risk, Market-driven Structural Risk, Liability Risk.As national and global policy to materially reduce climate change is delayed, it is business-prudent to assume that the level of climate risk is increasing. Even if policy risk might seem lower today than a few years ago, political will can change quickly. Should physical impacts of climate change manifest in dramatic ways, for example, draconian climate policy is likely to follow quickly. These conditions create a complex and shifting business risk environment, and most companies either overlook or substantially underestimate key climate risks. How many companies, for example, are positioned for material climate change outcomes, whether physical or regulatory? Companies with little climate change exposure may not face much downside risk from taking a wait-and-see approach. For those with greater exposure, being "too late" to respond will mean costs and competitive impacts that could have been avoided. Being "too early," however, can mean being penalized later for actions that reduce a company’s emissions today, or competitive disadvantage from getting too far out in front of competitors.

More books from Taylor and Francis

Cover of the book The Technology of Video and Audio Streaming by Mark Trexler, Laura Kosloff
Cover of the book PJ Harvey and Music Video Performance by Mark Trexler, Laura Kosloff
Cover of the book The Philosophy, Politics and Economics of Finance in the 21st Century by Mark Trexler, Laura Kosloff
Cover of the book Doing News Framing Analysis II by Mark Trexler, Laura Kosloff
Cover of the book Handbook of Research on Teaching Literacy Through the Communicative and Visual Arts by Mark Trexler, Laura Kosloff
Cover of the book Political Economy from Below by Mark Trexler, Laura Kosloff
Cover of the book Corporate and Organizational Identities by Mark Trexler, Laura Kosloff
Cover of the book Foucault, Governmentality, and Critique by Mark Trexler, Laura Kosloff
Cover of the book The Development and Education of the Mind by Mark Trexler, Laura Kosloff
Cover of the book Marketing Planning for Services by Mark Trexler, Laura Kosloff
Cover of the book Key Profession by Mark Trexler, Laura Kosloff
Cover of the book Stress at Work by Mark Trexler, Laura Kosloff
Cover of the book Complexity and Creative Capacity by Mark Trexler, Laura Kosloff
Cover of the book Excavating Pilgrimage by Mark Trexler, Laura Kosloff
Cover of the book Productivity and Innovation in SMEs by Mark Trexler, Laura Kosloff
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy