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Developing Climate Change Strategy: A Framework for Managers
Author(s) -
Birnik Andreas
Publication year - 2013
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.21585
Subject(s) - climate change , greenhouse gas , business , sustainability , organizational change , environmental resource management , climate change mitigation , environmental economics , natural resource economics , economics , political science , public relations , ecology , biology
As scientific evidence about climate change mounts, it is becoming increasingly important for managers to develop climate change strategies that reduce risk and strengthen the competitiveness of their organizations. This article introduces a managerial framework to support the development of climate change strategy at the firm level. Topics discussed include the basic facts about climate change, the rationale for the development of climate change strategy, company case studies, findings from consumer research, evidence concerning performance impact of firm‐level climate change efforts, risk management, greenhouse gas (GHG) quantification, verification and reporting, GHG reduction initiatives, carbon offsets, organizational ownership of climate change efforts, and integrated reporting covering financial performance and organizational sustainability. © 2013 Wiley Periodicals, Inc.