Climate Change and Its Impact on Businesses: Steps to Reduce Carbon Footprint

This report evaluates the impact of climate change on businesses, with suitable examples and steps to reduce carbon footprint. It discusses the risks and challenges faced by organizations due to climate change, such as operational impact, costs of resources, and reputation damage. The report also suggests measures that organizations can follow to reduce carbon footprint in their operations, such as applying the three R's, using sustainable suppliers, and choosing renewable energy.

Building A Sustainable
Organisation

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Evaluate on how climate change cause problems on businesses across the world with suitable
examples and suggesting steps for businesses to implement in reducing uses of carbon footprint.1
CONCLUSION................................................................................................................................3
REFERENCES ...............................................................................................................................4

INTRODUCTION
Climate change is a threat to environment as it poses a fundamental warning to places,
species and other livelihood. In recent times there is massive effects due to climate changes to
global warming such carbon pollution, rising level of seas and oceans danger to crops, wildlife
and freshwater supplies. Humans and wildlife animals are facing new challenges for their
survival due to changes in climate, from frequent drought, storms, heat, waves, rising of sea
levels, glaciers melting and ocean warming directly affecting animals and destroying the places
they live.(Change, 2019) In this report there is a discussion about how climate change is
affecting businesses and what problems organisations are facing due to it, with a example of a
firm that faced the problems from climate changes. In addition to this in last there is a
suggestion for business to implement in reducing the use of carbon footprint in their operation.
MAIN BODY
Evaluate on how climate change cause problems on businesses across the
world with suitable examples and suggesting steps for businesses to
implement in reducing uses of carbon footprint.
The impacts of climate change are causing problems on businesses and policies of
companies. A warming planet cause wide range of risks for organisations disrupting supply
chain, increase in costs and labour challenges.(Hornsey and Fielding, 2020) Climate changes
cause extreme weather events like hurricanes, floods and fires have direct impact on around
70% of economic sector in worldwide. There are ways in which climate change is threatening on
businesses across the globe such as, operational impact- organisation are noticing minor changes
in their operations due to climate related disasters such as, workforce interruption and facilities
damage, costs of resources- due to environmental and human causes resources like food, water
and energy are at risks which cause great impact on organisation and reputation damage-
environmental causes effects on organisation culture and brand identity which leads to issue for
company. In addition to this there are more risk that can affect the businesses such as, physical
risks, transitional risks and liability risks. (Hofmann, 2019)The physical risks of change in
climate are threats from physical environment like flooding, hurricanes and wildfires that cause
physical damage to people, property, and transport links. The transitional risks costs on
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businesses due to introducing of policy, laws and other regulations and also due to changes in
technology and consumer trends led to put risks on organisation. Liability risks develop from
failure of mitigate or comply with changing in legal and regulations expectations. Organisation
that pollute are exposed to litigation and fail in considering future climate change in their
products and services are in huge risk of upcoming changes in climates.
Global climate changes has some observable effects on environment such as, shrinking of
glaciers, ice on rivers and many more. (Hofmann, 2019)There are various aspects that are
affecting by climate change on businesses one of the example of such impacts is, frost free
season will lengthen has increasing occurring in Western United States that are affecting
ecosystem and agricultural across the world. Due to increasing in changes in climate led ton rise
in sea level and drought in field which affect agriculture from it directly impact on businesses
production as most of industries source there raw material from agricultural farming.(Clayton
and Karazsia, 2020) Due to which organisation was not able to produce and delivered it to
customers which led to loss and effects benefits for future growth of the company in long term
basis. Climate changes can cause severe issues to organisation in long term future goals and
success of company in many ways. One of the company that was affected from agriculture is
Unilever as it source most of the raw material from global suppliers in ecological property, with
increase in climate changes and using of carbon footprints the company is in risk of failure.
Carbon footprint refers to the amount of carbon dioxide getting released into atmosphere ,
it includes greenhouse gas emission producing in source of water, manufacturing of bottle and its
transportation with all necessary activity in water company regarding making of a bottle is
causing carbon footprint.(Muthu, 2020) Reducing business carbon footprint means less carbon
emission into environment which led to slow climate change and preserving the environment and
better us of global resources.(Ganda, 2019) To do this there are some measure which a
organisation needs to follow to reduce carbon footprint in operation such as, applying three R in
operation, reduce, recycle, reuse . It means producing products that are biodegradable and
recyclable with packaging like that can be reuse in different ways and also to reuse products in
making of new products out of it led to reduce in carbon footprints in organisation.(Cai and et.
al., 2019) There are many ways in which a organisation can reduce carbon footprints such as,
travel greener, refuse single use plastics reduce meat and dairy consumptions, use sustainable
suppliers, educate employees pay for carbon offsetting and choose renewable energy.
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CONCLUSION
From the above report it states that climate change should be taken seriously by
everybody not just business but normal people too. As it is a serious concern for the environment
and it is changing continuously. But most of changes are happening from businesses with there
productions and operation in using of carbon footprint. From the discussion it also states that the
change in climate cause problems to business and there operation in so many ways that cost them
there resources and productions. From the effects of climate changes in globally lead to affect
organisation with risks of damaging growth and success, from which firm need to implement
steps to recover from the damage by climate changes and also to slower the climate change in
environment. At last it concluded that companies need to reduce the carbon footprint. By
following above mentioned steps in reducing carbon footprints in companies operation.
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REFERENCES
Books and Journals
Cai, W. and et. al., 2019. Promoting sustainability of manufacturing industry through the lean
energy-saving and emission-reduction strategy. Science of the Total Environment, 665,
pp.23-32.
Change, C., 2019. The Future of Our Pasts: Engaging cultural heritage in climate action Outline
of Climate Change and Cultural Heritage. International Council on Monuments and
Sites-ICOMOS.
Clayton, S. and Karazsia, B.T., 2020. Development and validation of a measure of climate
change anxiety. Journal of Environmental Psychology, 69, p.101434.
Ganda, F., 2019. The impact of innovation and technology investments on carbon emissions in
selected organisation for economic Co-operation and development countries. Journal of
cleaner production, 217, pp.469-483.
Hofmann, F., 2019. Circular business models: business approach as driver or obstructer of
sustainability transitions?. Journal of Cleaner Production, 224, pp.361-374.
Hornsey, M.J. and Fielding, K.S., 2020. Understanding (and reducing) inaction on climate
change. Social Issues and Policy Review, 14(1), pp.3-35.
Muthu, S.S., 2020. Carbon Footprints. Springer Singapore.
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