Developing an Effective Climate Change Strategy
As policy formation gathers momentum and the physical impacts of climate change become clearer, climate change mitigation and adaptation strategies are becoming increasingly important. Companies should reassess their energy use, operational and logistical models, and resource acquisition strategies to develop effective mitigation and adaptation strategies befitting their cultures and based on factors such as timetable, objectives, vulnerabilities, opportunities, and competitive positioning. Mitigation strategies are driven by consumers, investors, suppliers, buyers, and government policy. Adaptation strategies are driven by changes in climatic conditions and insurance underwriting. This report details steps for developing such strategies.