Overview
Climate change is an undeniable threat to our entire civilisation. Deserts are expanding, while heat waves and wildfires are becoming more common. Increased warming in the Arctic has contributed to melting permafrost, glacial retreat and sea ice loss. Higher temperatures are also causing more intense storms, droughts, and other weather extremes. Rapid environmental change in mountains, coral reefs, and the Arctic forces many species to relocate or become extinct. Climate change threatens people with food and water scarcity, increased flooding, extreme heat, disease, and economic loss. Human migration and conflict will threaten people and businesses.
The effects are already visible and will be catastrophic unless we act now. Changes to protect the planet are through education, innovation and adherence to our climate commitments. These changes also provide great opportunities to modernise our infrastructure, creating new jobs and encouraging greater prosperity.
Business Opportunities & Benefits
• As governments implement stricter regulations to address climate change, businesses that are already taking steps to reduce their environmental impact will be better positioned to comply.
• Implementing energy-efficient practices and reducing waste can lead to significant cost savings.
• Addressing climate change can drive innovation and the development of new, sustainable products and services.
• Aligning with SDG13 demonstrates a commitment to sustainability and corporate social responsibility, improving a company's image among consumers, investors, and stakeholders.
• Climate change poses significant risks to businesses, including supply chain disruptions, regulatory challenges, and physical damage. By taking proactive steps to reduce their carbon footprint, businesses can mitigate these risks.
