Mobilizing on Climate

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Mobilizing on Climate

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Publication Date:
February 12, 2020

Climate change is a global emergency that threatens crops, water supplies, infrastructure, and livelihoods. It’s damaging the economy and company bottom lines. Most large companies are cutting carbon emissions, but given the scale of the crisis, these efforts are sadly inadequate. In “Leading a New Era of Climate Action,” Andrew Winston draws on 20 years of consulting to global corporations to recommend three actions: (1) Use political influence to demand aggressive climate policies; (2) Empower suppliers, customers, and employees to drive change; (3) Rethink investments and business models to eliminate waste and carbon. Companies need to mobilize, says Winston, to deal with this unprecedented global problem. In the video that follows, he tackles tough questions about environmental action and profitability and how to get business leaders to act. Next, Anthony Leiserowitz, director of the Yale Program on Climate Change Communication, confirms that most Americans believe climate change is real and they’re increasingly worried about it. He addresses consumer behavior and the role of leaders in climate action. In “Your Company’s Next Climate Leader Is…the CFO,” sustainability accounting experts Laura Palmeiro and Delphine Gibassier outline four ways sustainability is becoming central to the finance function. Meanwhile, consumers are waking up to the problem of waste. How are companies responding? In “The New Business of Garbage,” Tom Szaky, CEO of TerraCycle and LOOP, describes his experience in the circular economy and what the future holds. Talking about the climate crisis can be hard. Katharine Hayhoe, a climate scientist, suggests a savvy approach: Don’t start with facts and figures; focus instead on how climate change affects our shared values and goals. And, in “Is Your Trade Group Blocking Climate Action?” Sen. Sheldon Whitehouse (D-RI) urges firms to push their trade organizations, which have huge clout in Washington, to take action–or abandon them altogether.

“The Big Idea: Mobilizing on Climate” features the following articles: “Leading a New Era of Climate Action,” “Tough Business Questions About the Climate Crisis,” “What Do People Really Believe About Climate Change?”, “Your Company’s Next Leader on Climate Change Is…the CFO,” “The New Business of Garbage,” “A Better Way to Talk About the Climate Crisis,” and “Is Your Trade Group Blocking Climate Action?”.

Copyright © 2020 Harvard Business School Publishing. All rights reserved. Harvard Business Publishing is an affiliate of Harvard Business School.

Mobilizing on Climate

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Mobilizing on Climate

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