Climate Change Is An Environmental And Business Issue

Climate change is an environmental and business issue that has gained more and more attention from society nowadays. The meaning of it seems to be not as easy as its name indicates which is merely a difference in climate. NASA (2011) reports, â€Å"Climate change, therefore, is a change in the typical or average weather of a region or city†¦ Climate change is also a change in Earth s overall climate. This could be a change in Earth s average temperature, for example.† Therefore, climate change in our world has various effects in our life, which, for example, like extreme weather, global warming, higher sea-level and etc., do really affect our daily life and production process. Understanding what the climate change is, and why these changes occur so frequently and obviously in recent decades is of essential importance, not only for our economy, but also for society. This paper is going to introduce how this issue links to the business world from several dimensions. In the following paragraphs, the paper will demonstrate the complex relations between climate change and business by exploring on: first, the interaction between business and climate change with a brief stakeholder analysis; second, analyzing the business debates underpinning this issue consisting of stakeholders/shareholders debates and long term/short term debates and the way how business, and other stakeholders address the issue; third, figuring out potential solutions to address the issue and its obstacles.Show MoreRelatedClimate Change Is An Environmental And Business Issue2180 Words   |  9 PagesClimate change is an environmental and business issue that has gained more and more attention from society nowadays. The meaning of it seems to be not as easy as its name indicates which is merely a difference in climate. 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The industrial production which needs tons of fuels and other raw materials burned is an enormous source of greenhouse gases which might be the most core factor of causing climate change. Business is also influenced by climate change in return which is changing the landscape of business. Businesses that depend on water, like skiing industry, bottled spring water industry, the oil industry and etc., are affected by climate change because these industries need a constant and steady supply of water including different forms, for instance, snow. â€Å"Climate is an essential resource for tourism, and especially for the beach, nature, and winter sport tourism segments. Changing climate and weather patterns at tourist destinations and tourist