Climate Change and its Impact on Business

MANAGING CLIMATE
CHANGE
MANAGING CLIMATE CHANGE 1 | P a g e
[COMPANY NAME] | [Company address]
STUDENT DETAILS
[Year]

MANAGING CLIMATE CHANGE 2 | P a g e
Table of Contents
Introduction................................................................................................................................2
Climate Change and its impact on business...............................................................................2
Innovation Theories...................................................................................................................4
Disruptive Innovation.............................................................................................................5
Incremental Innovation..........................................................................................................5
Game-Changing Innovation...................................................................................................6
Managing Climate Change.........................................................................................................6
Conclusion..................................................................................................................................8
References................................................................................................................................10

MANAGING CLIMATE CHANGE 3 | P a g e
Introduction
The most serious issue that the nations around the world are dealing with is the climatic
change and its impact on the people as well as the business operating. UK government has
developed industrial strategy along with the private organisations which has identified four
grand challenges including promoting the use of AI and data structure, catering the needs of
ageing society, development of better road and rail facilities, and influencing the industries to
work towards clean and sustainable growth. The policies and the strategies are focused on
mitigating the impact of climate change by reducing the carbon emission and the greenhouse
effect so that global warming and the future impact on the environment can be controlled. In
this respect, various business and organisations are focusing on developing technologies and
innovative products that will contribute towards the government efforts to reduce climate
change.
The report is focused on analysing the climate change threats on the business of car
manufacturing organisation Ford motors, and identifying the impact of the policies formed by
the UK government for reducing the climate change impact on the industry. Also, the report
focuses on identifying the disruptive innovations that the organisations within the industry
can focus upon which would lead to change in consumer behaviour and will help in reducing
the change impact on the environment.
Climate Change and its impact on business
Climate change is the most defining issue that is required to be addressed at the point of time,
from the shifts in weather patterns to rising sea levels they are a threat to the global
environment and is required to take necessary steps globally so that the issues can be
addressed and can be moved towards a sustainable world. To address the issue of the climate-