Carbon Governance Climate Change And Business Transformation

Transformation to a low carbon economy is a central tenet to any discussion on the solutions to the complex challenges of climate change and energy security. Despite advances in policy, carbon management and continuing development of clean technology, fundamental business transformation has not occurred because of multiple political, economic, social and organisational issues. Carbon Governance, Climate Change and Business Transformation is based on leading academic and industry input, and three international workshops focused on low carbon transformation in leading climate policy jurisdictions (Canada, USA and the UK) under the international Carbon Governance Project (CGP) banner. The book pulls insights from this innovative collaborative network to identify the policy combinations needed to create transformative change. It explores fundamental questions about how governments and the private sector conceptualize the problem of climate change, the conditions under which business transformation can genuinely take place and key policy and business innovations needed. Broadly, the book is based on emerging theories of multi-levelled, multi-actor carbon governance, and applies these ideas to the real world implications for tackling climate change through business transformation. Conceptually and empirically, this book stimulates both academic discussion and practical business models for low carbon transformation.

Climate change represents the most important environmental challenge of our time. Organisations are responding by implementing governance processes and taking action to reduce their own emissions and the emissions from their supply chains and value chains. Yet very little is known about how these efforts contribute to reducing greenhouse gas emissions (if, indeed, they make any substantive contribution at all) or about how they might be harnessed to deliver more ambitious reductions in emissions. This book explains when and where particular forms of governance intervention – including internal governance processes and external governance pressures – are likely to impact climate change. From this analysis, it offers practical proposals on the climate policy frameworks that need to be in place to facilitate or accelerate changes in corporate behaviour. The book is truly global: it focuses on the world’s 25 largest retailers (including Walmart, Tesco, Carrefour, Sears and Aldi) and is based on detailed interviews with senior managers from these corporations, and with key global and national NGOs, corporate responsibility experts, politicians and regulators. These interviews provide clear insights into how external governance pressures and actions (public opinion, regulation, incentives) interact with internal governance conditions (management systems and processes, corporate policies, board/CEO leadership) to change and shape corporate actions on climate change and, in turn, the climate change impacts of these corporations. This book can be used as a core reference for any courses dealing with corporate governance and business strategy, in particular those relating to climate change and to environmental management more generally. It is also of relevance to business practitioners, public policy makers, investors and NGOs interested in ensuring that companies play a constructive role in the transition to a low-carbon economy.

Building on unique data, this book analyses the efficacy of a prominent climate change mitigation strategy: voluntary programs for sustainable buildings and cities. It evaluates the performance of thirty-five voluntary programs from the global north and south, including certification programs, knowledge networks, and novel forms of financing. The author examines them through the lens of club theory, urban transformation theory, and diffusion of innovations theory. Using qualitative comparative analysis (QCA) the book points out the opportunities and constraints of voluntary programs for decarbonising the built environment, and argues for a transformation of their use in climate change mitigation. The book will appeal to readers interested in sustainable city planning, climate change mitigation, and voluntarism as an alternative governance mechanism for achieving socially and environmentally desirable outcomes. The wide diversity of cases from the global north and south generate new insights, and offers practical guidelines for designing effective programs.

The 2009 United Nations climate conference in Copenhagen is often represented as a watershed in global climate politics, when the diplomatic efforts to negotiate a successor agreement to the Kyoto Protocol failed and was replaced by a fragmented and decentralized climate governance order. In the post-Copenhagen landscape the top-down universal approach to climate governance has gradually given way to a more complex, hybrid and dispersed political landscape involving multiple actors, arenas and sites. The Handbook contains contributions from more than 50 internationally leading scholars and explores the latest trends and theoretical developments of the climate governance scholarship.

Private sector action provides one of the most promising opportunities to reduce the risks of climate change, buying time while governments move slowly or even oppose climate mitigation. Starting with the insight that much of the resistance to climate mitigation is grounded in concern about the role of government, this books draws on law, policy, social science, and climate science to demonstrate how private initiatives are already bypassing government inaction in the US and around the globe. It makes a persuasive case that private governance can reduce global carbon emissions by a billion tons per year over the next decade. Combining an examination of the growth of private climate initiatives over the last decade, a theory of why private actors are motivated to reduce emissions, and a review of viable next steps, this book speaks to scholars, business and advocacy group managers, philanthropists, policymakers, and anyone interested in climate change.

The Handbook of Energy and Environment in the 21st Century discusses the key dimensions of the present energy scenario as well as the emerging trends. Global responses to environmental challenges are examined, taking into account technical, economic, social, and policy perspectives. Responding to the latest developments, the book also discusses the impacts of natural disasters and pandemics on energy in the context of energy and environmental implications. Further, it presents various related topics such as the dynamics of sustainable energy transition, renewable energy implementation, decarbonization of fossil fuels, electric mobility, distributed generation systems, and energy security. The book will benefit a wide range of stakeholders from the fields of energy, environment, socioeconomics, geopolitics, and sustainable development. It serves as a valuable reference for academics, researchers, and analysts in these fields. Provides a comprehensive and balanced account of the interwoven subjects of energy and environment in terms of technology and policy dynamics. Incorporates up-to-date data, case studies, and comparative assessments.

We live in a fundamentally changed world. It’s time for your approach to strategy to change, too. The evidence is all around us. Extreme weather, driven by climate change, is shattering records all over the planet. Our natural resources are in greater demand than ever before as a billion more people enter the global middle class, wanting more of everything. Radical transparency is opening up company operations and supply chains to public scrutiny. This is not some futuristic scenario or model to debate, but today’s reality. We've passed an economic tipping point. A weakening of the foundations of our planetary infrastructure is costing businesses dearly and putting our society at risk. The mega challenges of climate change, scarcity, and radical transparency threaten our ability to run an expanding global economy and are profoundly changing “business as usual.” But they also offer unprecedented opportunities: multi-trillion-dollar markets are in play, and the winners of this new game will profit mightily. According to Andrew Winston, bestselling author (Green to Gold) and globally recognized business strategist, the way companies currently operate will not allow them to keep up with the current—and future—rate of change. They need to make the Big Pivot. In this indispensable new book, Winston provides ten crucial strategies for leaders and companies ready to move boldly forward and win in this new reality. With concrete advice and tactics, and new stories from companies like British Telecom, Diageo, Dow, Ford, Nike, Unilever, Walmart, and many others, The Big Pivot will help you, and all of us, create more resilient businesses and a more prosperous world. This book is the blueprint to get you started.

Transformation from Wall Street to Well-being: Joining up the dots through Participatory democracy and governance to mitigate the causes and adapt to the effects of climate change addresses accountable leadership, supports collective interests, ethical governance and fairness to future generations in order to develop systemic approaches relevant to these issues. The humanistic focus, whilst central, addresses how we see ourselves in relation to the environment. It explores cultural perspectives in developed and developing parts of the world where people have a closer connection with the natural environment in comparison to those who live in cities. Furthermore the book discusses participatory action research to prefigure a means to hold the market to ensure that the use of resources that are necessary for the common good are accessible and equitable. The essential systemic aim this book offers is to balance human needs with nature. The research summarizes the discourses and the adaptive praxis in order to develop a bridge between cosmopolitan ethics and cosmopolitan governance. It does this in the interest of supporting and using cultural designs for living that support quality of life and spans five core domains as explained by the author. Overall, this monograph helps evaluates the extent to which the introduced approaches enable the community to consider their perceived assets and risks and the implications of their consumption choices.

This book provides a comprehensive treatment of the role of the private sector in accelerating the transition to a low-carbon, climate-resilient, and inclusive world. In the lead up to and since the historic Paris Agreement on climate change, more than 6,000 companies from 120 countries representing more than $36.5 trillion in revenue have made climate commitments. Examining this trend, The New Corporate Climate Leadership provides a clear synthesis of the relationship between the real economy and climate change and offers a state-of-the-art assessment of corporate initiatives that focus on greenhouse gas emissions reductions and the management of climate risk through enhanced resilience. It debates the relative merits of incremental and sequenced ambition versus radical systems change – including a critique of the prevailing capitalist approach to climate change – and provides an actionable guide to skills development for change-makers in the shift toward a low-carbon world. Drawing on perspectives from leading thinkers inside the private sector, across government, and within civil society to truly interrogate the scale, scope, and speed of progress, this book provides a clear vision for what the next generation of corporate climate leadership should look like. Optimistic in tone, this book will be of great interest to students, scholars, and practitioners of climate change and sustainable 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.