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The scientific community now overwhelmingly agrees that earth's 6.5 billion inhabitants are contributing to global warming through heat-trapping greenhouse gas emissions. As companies respond, many are finding that investments in greener operations can offer more payoff than they expected, and some observers see large green-related market opportunities still sitting on the table for innovators to grab.
But along with opportunities come new challenges and risks. Public pressure for quicker action is rising, and new carbon emission regulatory regimes are coming soon, according to experts from business and academia who spoke at the recent First Annual Conference-Workshop on Business and the Environment. The conference was organized by the Initiative for Global Environmental Leadership (IGEL) at Wharton/Penn.
Speakers offered analyses and solutions to the challenges in two of the conference sessions -- "Integrating Environmental Concerns in Business Decision-Making: Internal Processes and External Pressures," and "Business and Climate Change: Mitigation and Adaptation; Regulation and Costs."
All signals suggest a global warming trend is under way, according to Robert W. Corell, global change director at the H. John Heinz III Center for Science, Economics and the Environment in Washington, D.C., a nonprofit group that works to improve the scientific and economic foundation for environmental policy. How much of the trend is natural variability and how much is driven by greenhouse gases remains an open question, but the vast majority of the warming trend is man-made, most scientists believe.
Whether earth is undergoing a long-term warming or cooling trend today does not matter when it comes to the prescription for action, however. "The problem is the rate of growth of the human population and the rate of growth of its demand for energy, which would have produced climate crises at any time in earth's history," said Robert F. Giegengack, a professor in the department of earth and environmental science at the University of Pennsylvania.
What else can I help you with?
What are the relations and difference between business policy and strategic management?
Policies help businesses carry out their strategic objectives. When the business strategy changes, so will their policies. Strategies change as the business environment changes.
What is the importance of a business plan in managing business growth and survival in a competitive environment?
Business plan enables you to easily foresee what you are doing and where are you going. When problems occurs, you can easily solve it. You can be more flexible when changes occurs in the environment.
What are the benefits of a flexible organization structure?
Its enables the organisation to make structural changes accordingly to environmental changes.
What were the changes in AtekPC's business environment that caused the introduction of a PMO?
Substitites of mobile phones, pads and web-based applications,giving Email 24/7 without the inconvenience of carrying LapTtop
What is the difference between a business plan and a strategic plan?
AnswerA business plan is a formal statement of a set of business goals. the reasons why they are attainable and the plan for reaching those goals also contain background information about the organisation or team in attempt to reach those goalsBusiness plans may also target changes in perception and branding by the customer, client , tax payer or large community....when the existing business plan is to assume a major change or when planning a new venture
How has tesco responded to changes in its business environment?
really well to changes
How a business organization has responded to changes in the business environment?
A business organisation responds to changing business environment by strategic alliance,mergers,brand building,restructuring,modernisation,expansion in its vulnerabilty within the dimensions of the social,political,economic,technological,legal environment by SWOT analysis.(strength,weakness,opportunities ,threats) of all levels & components of the business environment.
Conclusion controllable elements of the business environment?
Briefly describe any FIVE (5) changes in the social environment that can affect the operation of an organisation. Briefly describe any FIVE (5) changes in the social environment that can affect the operation of an organisation.
Why do systems need replacement?
An organisation operating in an open environment is constantly influenced by changes that affect the information produced by the information system. Therefore the information system needs to be replaced, because if it is not replaced that information contained will not be accurate. For example the typical changes that would influence the information produced by the information system in an environment are: * Technological changes * Business environment changes * Competition * Organisational growth * Changes in the activities of the business
What are the major changes shaping the dynamic business environment?
no
How the environment in which the business operates impacts upon its success?
The environment affects a business because changes can impact business strategy and processes. For instance, heavy government regulations can place a burden on the business.
What are the sectors of the business environment and how do changes in the economic and political and legal environments influence business decisions?
PEST
What are macro-enviromental changes?
Macro environmental changes are the alterations of the major components of the environment. Speaking from a business point of view, changes in the political and tax structure of an economy can be classified as changes in the macro environment.
What are the Political factors in Organisations?
Political factors that could influence a business organisation? Political factors: Changes in local, national or international
Why are changes in business environment important for a communication company?
because it creates goodwill to the customers
What are the relations and difference between business policy and strategic management?
Policies help businesses carry out their strategic objectives. When the business strategy changes, so will their policies. Strategies change as the business environment changes.
Why is the environment important to business?
The environment is important to business because on a daily basis we interact and live in an around it and what ever decisions we make will affect us within the environment whether it is positive or negative.
