Study of Impact of Climate Change on Business: Navigating Challenges, Embracing Adaptation, and Seizing Opportunities
- Author Hena Siddiqui
- DOI https://ww
- Country : India
- Subject : Education
Keywords : climate change, physical risks, supply chain, renewable energy, sustainability, resource management
Abstract
Climate change is one of the most pressing challenges facing humanity today, with far-reaching implications not only for the environment but also for the global economy. Businesses across various sectors are increasingly feeling the economic impacts of climate change, as rising temperatures, shifting weather patterns, and extreme events disrupt supply chains, increase operational costs, and pose new risks to both markets and resources. As climate change continues to reshape the global business landscape, companies must adapt and take proactive measures to mitigate risks and capitalize on new opportunities. By integrating sustainability into their business strategies, investing in climate resilience, adopting green technologies, enhancing supply chain sustainability, engaging stakeholders, advocating for supportive policies, and measuring their climate impact, businesses can navigate the challenges posed by climate change and create long-term value.
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