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A New Business Paradigm to Address Climate Change

Home » Economic Activities » Business Case for Resiliency » A New Business Paradigm to Address Climate Change

A New Business Paradigm to Address Climate Change

Home » Economic Activities » Business Case for Resiliency » A New Business Paradigm to Address Climate Change

A New Business Paradigm to Address Climate ChangeThe main idea of this article is that the business paradigm should shift in order to decarbonize the global economy. The shift will require new processes and a shift in mindset throughout the workforce, its suppliers, and its customers. It explains that there would be short-term costs to broadly decarbonizing the global economy, but there would also be new opportunities to create and capture value.

Climate change is a global challenge that requires the contributions of profit-seeking enterprises. Companies’ stakeholders, from consumers and employees to lenders and communities, are increasingly demanding action responding to climate change.

The article guides the leaders of organizations or businesses towards understanding their climate impact and starting to make the changes necessary to reduce their footprint. The article includes figures for leading solutions for reducing atmospheric greenhouse gases. The article states that business communities should take aggressive action on all fronts as soon as possible, rather than starting with small, pilot efforts. Delay reduces the latitude for action in the future.

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The Resilience Calendar

  • UEDA 2023 Summit
    Date: October 8, 2023

    The UEDA Summit will bring together national experts in leveraging college and university resources for greater economic development and community impact. These domain experts work within higher education, the private sector, economic development organizations,…

  • Lessons Learned: How We Adapt on the Road to Climate Adaptation
    Date: October 12, 2023

    Learn from this expert panel as they reflect on the limitations and challenges they’ve encountered in a wide variety of climate change adaptation projects

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  • Virginia Clean Energy Summit
    Date: October 16, 2023

    The Virginia Clean Energy Summit serves as a vital forum for presenting innovative clean energy technologies, policies, and business practices that are driving the transformation of Virginia's energy sector. The main goal is to…

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