Climate Risk and Business

Addressing the urgency of radical decarbonization as a mitigative response to climate risk, this book explores how business can respond to the challenges of climate risk, through various transformational processes. Those processes involve cognitive transformations, organizational changes, climate risk integration into risk management practices, shifts in corporate reporting and disclosure as well as futuristic scenario-based planning beyond normal business planning cycles.

Though much has already been written on corporate sustainability efforts, there is a greater need now for building mitigative capacity at the firm level, in alignment with shifting policy and regulatory regimes. Theoretical and empirical work on these areas is addressed in the novel thought experiment approach of this book. A research agenda for future work is provided.

Examines full spectrum of business exposures to climate risk in alignment with physical and transition risk categories Synthesizes the literature to illustrate useful application to the specter of climate risk exposure for business Explores firm-level transitions related to resources, processes, structure, and practice that will reduce climate risk

Autorentext

Dr. Anna Dowbiggin is a Professor in the School of Business at the University of Guelph-Humber, Canada.

Inhalt

CHAPTER 1: Climate Risk: The Challenges of Climate Change on the Organization.- CHAPTER 2: Climate Risk and Organizational Change.- CHAPTER 3 Management Subjectivity in Climate Risk Decision-making.- CHAPTER 4 Inoculating Subjectivity out of Climate Decision-making.- CHAPTER 5 Climate Risk Disclosures Corporate narratives and storytelling.- CHAPTER SIX Scenario Planning and Imaging Future States.