Building the business case to fight climate change
Beyond responsibility and risk, the rationale of benefit is key. Companies must see that it is in their very own self-interest to take on climate change.
THE recent US$2 billion commitment by Singapore to drive sustainability, particularly green finance, could not have been made at a more critical time. It came at the heels of an unprecedented warning by 11,258 scientists across 153 countries that our planet faces a climate emergency.
Businesses will now have to go back to the drawing board to reassess the emerging threats from climate change as well as map out responses demanded by stakeholders. Most significantly, they have to build a new case to fight climate change that goes beyond responsibility and risks.
Real anguish
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