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Corporate Social Responsibility and Climatic Change - Essay Example
During 2006, the effects of global warming were becoming more evident as global average surface temperatures have risen during the last 30 years (BSR 2006). Global temperature s are now within one degree Celsius of the maximum temperature of the past million years (BSR 2006) and this has been demonstrated by melting glaciers in the Arctic, the lack of snow at ski resorts and repeat flooding…
The effects of climate change are disrupting business operations and transportation, for example, in the UK; high-sided vehicles are increasingly at risk of accidents from floods and gale force winds. Such disruptions have the effect of reducing customer demand and purchasing power (Dudek and Wiener 1996, Romm 1999), as products and services become less available due to erratic supply. These disruptions also restrict the ability of the business to grow, as the sales revenues will be insufficient to generate profit for investment purposes. Climate change therefore poses a risk to businesses, and the onus is on re-evaluating corporate social responsibility in a bid to gain efficiencies, and to reduce the businesses contribution to the climate change problem.
Climate change is commonly associated with industrial factories churning out smoke from cooling towers, however, non-industrial organisations contribute to climate change through their carbon and greenhouse emissions generated by their operations and product/service lifecycle (Grubb 1989, Cantwell 1995, ICTSD 2005). ...