How Companies Can Take Action on Climate Change

Climate change is again trending as a topic within corporate citizenship and the larger business community. The release of Pope Francis’ encyclical, “Laudato Si” (Be Praised), which highlights the impact developed economies are having on our planet and our responsibilities to act, the Environmental Protection Agency’s (EPA) Clean Power Plan, and the upcoming COP21—the 21st Session of the United Nations Framework Convention on Climate Change—are creating a buzz.

All three efforts are driven by scientific research that commonly asserts we must ensure global warming does not exceed 2 degrees Celsius (3.6 degrees Fahrenheit) in order to maintain life on earth as we know it.  

Action can take many forms within a business and many leading practices are captured in CDP climate change questionnaire responses. More than 4,700 companies completed the questionnaire last year and were evaluated on the transparency of information and company performance as it relates to climate change issues. A review of these questionnaires shows that action in the areas of engaging employees, business strategy integration, and greenhouse gas (GHG) reduction projects and targets lead to better performance. 

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To learn more about how you can focus resources and attention on the issues most important to your company’s stakeholders and business context, consider joining us in Providence, RI on April 5 for our CDP Reporting: Disclosing Environmental Impacts course.