Companies are important stakeholders in responding to climate change.
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Companies
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World Wide Fund For Nature recognizes that business and industry have a key role in reducing global greenhouse gas emissions,
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as well as implementing climate-smart technologies and innovations.
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Technologies
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Innovations
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However, the government's response to international agreements is different.
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Government
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Uncertainties over climate policy have led many companies to highlight the threats to their business.
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uncertainty about climate policy
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Threat
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To reduce the threat that this uncertainty poses to their business,
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companies have therefore made efforts to seek sustainable development.
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Sustainable development
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For example, electric car manufacturer Tesla has built its reputation around environmental sustainability.
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By focusing on climate change, companies use innovation to promote technological advances
and provide consumers with environmentally friendly products.
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Innovations
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As a result, consumers have a more environmentally friendly choice when shopping.