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What companies think climate change will have a material impact on their business?

Marc

Captain Nice
Staff member
Admin
#1
What companies think climate change will have a material impact on their business?

http://www.bloomberg.com/news/2014-...re-s-what-companies-are-really-reporting.html

From the article said:
Not too many, apparently. Roughly half of the 3,000 biggest publicly traded companies in the U.S. say mum?s the word, reporting zilch in their annual filings to U.S. regulators.

A new online tool makes it easy to find which companies are disclosing climate-change risks -- both the direct impacts to the environment and indirect risks from tougher curbs on pollution. The tool, created by investment-advisory group Ceres and CookESG Research, scours SEC filings of the biggest American companies, included in the Russell 3000 index.
 
#2
Re: What companies think climate change will have a material impact on their business

Interesting that Bloomberg would choose to illustrate what U.S. companies report about the material impact of climate change, with a picture of the Facebook data storage facility in Lule?, Sweden.:cool:

Anyway: We are indirectly feeling the impact already: There is ever increasing requirements for improved energy efficiency from authorities as well as our own Group management, and those are directly related to climate concerns. That is part of the reason behind our ISO 14001 & 50001 registrations...
 
R

Reg Morrison

#3
Re: What companies think climate change will have a material impact on their business

Sustainability by definition concerns itself with the long term performance. However, all of our financial rewarding behaviors focus on short term gains. So, most corporate leaders will do what is necessary to show short term performance.

Until they solve that riddle, sustainability (including the mitigation of the anthropogenic component of climate change) will be a cloud in the sky.
 
#4
Re: What companies think climate change will have a material impact on their business

I suspect the most of it will be pervasive, indirect, and long term. So it's all magic eight ball answers for the moment, but the money will go where the clever folks who think a lot about long term planning hang out.
 
#6
One direct effect was that we had to upgrade the HVAC system for our cleanroom. The old setup couldn't cope with some series of extreme days, effectively shutting down the glue activities as we couldn't guarantee the necessary humidity conditions to remain within the validated envelopes, as well as increasing the sweating hazard for bioburden. We looked at atmospheric conditions and saw a steady rise of the combination of humidity and temperature necessary to cause these. The original specifications weren't in line. So updated spec and upgraded system.
Investor will want some EMS system and energy management, but those don't have as clear examples as something that really depends on the environment locally. Will probably look into flood risk and needed contingency and insurance in a few years.
 

Ronen E

Problem Solver
Staff member
Super Moderator
#7
The irony is that we're always preparing for the previous war.
By the time things are evident*, whole new dynamics will be in motion and whatever we do then might be too little too late.

_________
*) Kind of already evident if one cares to look and see, but who wants to?...
 
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