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Climate Change: Businesses Must Innovate for Sustainability of Our Planet

CASE FLYER, STRATEGIC MANAGEMENT
ET Cases, 4 pages

Case Preview

Climate Change: Businesses Must Innovate for Sustainability of Our Planet

 

Expected Learning Outcomes

• Understanding the relevance and the need for business houses to pay attention to environmental issues – climate change, global warming, etc.
• Debating the necessity of integrating ‘Triple Bottom Line’ approach with business philosophy.
• Debating on sustainability vs affordability in the light of increasing cost of sustainability adherence practices.

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1. Why is there so much attention on climate change? What is the impact of climate change on businesses? Cite examples of the associated opportunities and risks?
2. “It is absolutely relevant for the business sector in India to develop an understanding of climate change and the opportunities and risks associated with it...” Why is it important for business houses to be sensitised to the relevance of climate change?
3. It is suggested that companies should embrace ‘Triple Bottom Line’ (TBL) approach. What is the relevance of TBL for organisations? (Exhibit I)
4. .................

Teaching Note Preview

Climate Change: Businesses Must Innovate for Sustainability of Our Planet

 

Case Flyer Synopsis

The case flyer focuses on the issues of climate change and global warming and how businesses should embrace the cause of environmental conservation as a Corporate Social Responsibility (CSR) practice. The article argues that “our costing and pricing systems ignore the negative externalities that actions by human society impose on the environment and the state of our natural resources”. It is suggested that business sector understands the relevance of climate change and adopts practices that not only mitigate environmental risks but also provide opportunities for a sustainable business. However, to what extent can corporate organisations afford to foster ‘Triple Bottom Line’ (TBL) approach? How should businesses innovate to achieve TBL?

Expected Learning Outcomes

  • • Understanding the relevance and the need for business houses to pay attention to environmental issues – climate change, global warming, etc.
  • • Debating the necessity of integrating ‘Triple Bottom Line’ approach with business philosophy.
  • • Debating on sustainability vs affordability in the light of increasing cost of sustainability adherence practices.

 

Positioning and Setting

The case flyer can be used in the following courses:

  • a) Microeconomics (Government and Businesses – Market Failure and the Role of Government)
  • b) Business Ethics and Corporate Governance – In CSR module

 

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$2.53
Rs 0
Product code: CSR-4-0001, CSR-4-0001A

Abstract


The case flyer enables a discussion on the issues of climate change and global warming; and how businesses should embrace the cause of environmental conservation as a Corporate Social Responsibility (CSR) practice. Does climate change affect businesses? Can businesses contribute to curb climate change? Suitable for teaching courses in Economics (Microeconomics – Government and Business) and Corporate Social Responsibility (Business Ethics and Corporate Governance), the case flyer provides scope for discussing positive and negative externalities of businesses and throws light on the 'Triple Bottom Line' approach for companies. Further, it briefly deliberates on the role of individuals in curbing climate change. Finally, the case flyer introduces the dilemma of sustainability vs affordability.



Learning objectives

  • To understand the relevance and the need for business houses to pay attention to environmental issues - climate change, global warming, etc.
  • To debate on the necessity of integrating 'Triple Bottom Line' approach with business philosophy.
  • To deliberate on sustainability vs affordability in the light of increasing cost of sustainability adherence practices.



This Case Pack Includes:
- Abstract
- Case Flyer
- Teaching Plan (**ONLY for Academicians)
$2.53
Rs 0

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