Climate Change Impact on Business and Strategies for Sustainability

This report examines the multifaceted impact of climate change on businesses across various sectors, highlighting the challenges posed by rising temperatures, extreme weather events, and disrupted supply chains. It emphasizes the importance of organizational sustainability for enhancing performance, profitability, and customer satisfaction. The report analyzes how climate change affects business operations, including increased costs, labor challenges, and the disruption of supply chains, citing examples like Tesco. Furthermore, it suggests actionable steps businesses can implement to reduce their carbon footprint, such as measuring and analyzing greenhouse gas emissions, reducing energy consumption, utilizing renewable energies, and minimizing waste. The conclusion underscores the displacement caused by climate-related disasters and emphasizes the need for businesses to adopt sustainable practices for long-term resilience. The report references several academic sources to support its findings.

BUILDING A SUSTAINABLE
ORGANISATION

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Climate change can be problematic for business........................................................................3
Steps which can implement by business......................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................1

INTRODUCTION
Organisational sustainability is the ability of organization that are maintained and be consistent
in different modes also this is turn to increase in performance, profitability and enhance customer
and workers satisfaction that are related to competitiveness among its peers (Andersson and
Keskitalo, 2018). This is also providing the value for focusing on creating environmental
management then environmentally friendly production system related to the formation of human
capital, social responsibilities is linked with transparency dialogue with different stakeholder that
care for environment and social inclusion. Present report discusses on how climate change could
be problematic for business across the world using relevant examples. Also, it is support with
steps that can be implement for reducing their carbon footprint.
MAIN BODY
Climate change can be problematic for business
This is also considered that organizational sustainability important for company by boosting
money in the bottom line in order to make business more sustainable than it is also helped for
reducing the business cost that is help to complete more innovative strategies in order to improve
the reputation there are more customers who are value for sustainability in regard to increase the
amount of money sustainable business earn (Klaus, Ernst and Oswald, 2020).
Also, climate is affecting many causes in order to impact on the basis of population
movement by making certain parts of world that is much viable for place to live on the causing
of food and water supplies to become more unreliable and also increasing the frequency and
severity of floods and storms.
When temperature rise and weather pattern change the working condition in some of the
sector become harsher also Job required physical labor especially outdoors will become more
challenging in order to maintain health and safety risk with industries will rise also it is increases
cost in the sector that is why climate change affect business in the whole world by forming
planet created a wide range of risk for business in order to disrupted supply chain of rising
insurance cost of labor challenge then climate change in extreme weather events such as flood
and fires Enrich ends are affected for example direct impact on 70% of all economy sector
worldwide (Lo, Liu and Cheung, 2019). It has been analyzed that almost all industries are
threatened by effect of climate change because it affect directly or indirectly for example in the
study of 2019 it has been analyzed that US has lost five 20 billion across 22 sector because of

global temperature rises that kind of climate change impact in different manner also it is impact
on employment that is very between different countries reason and sectors also many employees
job loss losses in urban sector by resulting displacement of worker and then damage to business
as it on the other hand it has been analyzed that transport and industrial infrastructure affected in
harsh manner.
For example due to economic climate effect of business Tesco has huge impact on their
business by considering the level of consumer spending affected price because they do not able
to spend much amount on extra crosses grocery also investment decision and number of workers
of business were decreases by climate affect business also this is become biggest risk for the
company in order to disrupted supply chain also the cost of labor challenges increases because of
rising insurance cost debt that is why 70% of all economic sectors are impacted (Rivera and
Clement, 2019).
By considering corporation and climate change is an in discriminating challenge which
encountered humanity also illustrate the need for different corporation among various states
whether it is large or small according to author it has been analyzed that there is major impact of
COVID-19 pandemic because climate threat is unique in some of the boundaries also there a root
cause which can be found in human economy activity unlike pandemics on the other hand
climate change will require something we have never done because of consistent cooperating
across the state that put eye in order to tackle systematic problem will perceive the country (van
der Bank and Van Der Bank, 2018).
Steps which can implement by business
As we already know due to climate change there at various impact on business in different ways
so it is necessary to business to implement for reducing carbon footprint by some of the steps
which are related to as follows
 To measure in analyses greenhouse gas emission is related to 1st step of the company that
want to reduce its impact on the planet as well as environment for reducing climate
change also there are many private agencies are certified for carbon footprints which
helps to measure CO2 emission (Todaro, Daddi and Iraldo, 2021)
 It is necessary to reducing energy conception by turning of the light in office in the
evening or slightly lowering the heating of air condition by taking devices of plugs
these good practices help companies can implement in order to pay more attention of

daily routine action which slightly reduce the energy consumption because it is also
impacted on climate
 Moreover, it is necessary to give renewable energies to go by more and more individual
choosing renewable energy in order to providing interest solution to companies such as
inner core representing solution by providing hundred percent renewable energy also
this is the best example that avoiding fossil fuel significantly in order to reduce climate
footprint.
 By considering reduce Waste and fight obsolescence is related to reducing climate
footprint of business by reducing amount of waste generated by industrial as well as
large company or paper waste of SME intercity sector is very common which is
necessary to avoid using disposable cups capsule and coffee machines and given
kitchen crockery instead reducing the number of Prince using paper as draft or
recycling correctly that kind of practices are help organization to reduce carbon
footprint as well as it helps to provide better production.
CONCLUSION
It has been concluded that there are there are large number of people are displaced in
order to impact on disasters that is based on climate change which is record high. On the basis of
study, it has been analysed that there are nearly 31 million people are displaced within own
countries for the reason of distress at least third of each are responsible from government
evacuations. Also some of steps are suggested that can be used by business in order to reduce
carbon footprint.

REFERENCES
Books and journals
Andersson, E. and Keskitalo, E.C.H., 2018. Adaptation to climate change? Why business-as-usual
remains the logical choice in Swedish forestry. Global Environmental Change, 48. pp.76-
85.
Klaus, G., Ernst, A. and Oswald, L., 2020. Psychological factors influencing laypersons’
acceptance of climate engineering, climate change mitigation and business as usual
scenarios. Technology in Society, 60.
Lo, A.Y., Liu, S. and Cheung, L.T., 2019. Socio-economic conditions and small business
vulnerability to climate change impacts in Hong Kong. Climate and
Development, 11(10). pp.930-942.
Rivera, J. and Clement, V., 2019. Business adaptation to climate change: American ski resorts
and warmer temperatures. Business Strategy and the Environment, 28(7). pp.1285-1301.
Todaro, N.M., Testa, F., Daddi, T. and Iraldo, F., 2021. The influence of managers' awareness of
climate change, perceived climate risk exposure and risk tolerance on the adoption of
corporate responses to climate change. Business Strategy and the Environment, 30(2).
pp.1232-1248.
van der Bank, M.M. and Van Der Bank, C.M., 2018. The business of climate change: A
perspective of environmental performance on the tourism industry. Afr. J. Hosp. Tourism
Leisure, 7. pp.1-14. p.101222.
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