Mention climate change, and the first thing that comes to many executives’ minds is “compliance.” This is not inappropriate, given the pending legislative and regulatory changes mandating increased disclosure. Government scrutiny, combined with stakeholder activism and changing consumer behaviors, has moved carbon and other greenhouse gas emissions management toward the top of many corporate risk management agendas.
But some forward-thinking executives are also taking a longer-term view. They understand that effective carbon management can be a cornerstone of a broader sustainability strategy to mitigate financial risk, control operating costs, and pursue growth opportunities within the U.S. and beyond. For these corporate leaders, sustainability is a core business issue – one that’s here to stay.