This paper examines the effects of climate change on international business, arguing that multinational companies should reframe climate change as a strategic opportunity rather than a threat or risk. Drawing on perspectives from both scientists and the business community, the paper identifies two primary approaches to addressing the climate challenge: reducing dependence on fossil fuels and more sustainable use of natural resources such as water. The paper situates these strategies within a broader corporate social responsibility framework, referencing scholarship on how major corporations communicate and respond to climate change.
International companies should consider climate change an opportunity and not as a threat or risk. While scientists and businesses argue about the solutions needed to address this challenge, they both share a deep concern about the effects of climate change on international business. Two ways the climate change challenge can be addressed are cutting reliance on fossil fuels and using natural resources, such as water, more sustainably.
Allen, M.W. & Craig, C.A. (2016). Rethinking corporate social responsibility in the age of climate change: A communication perspective. International Journal of Corporate Social Responsibility, 1. https://doi.org/10.1186/s40991-016-0002-8
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