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Pages:
10 pages/≈2750 words
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APA
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Business & Marketing
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Essay
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English (U.S.)
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Topic:

The Connection Between Climate and Business Surroundings (Essay Sample)

Instructions:

the task was about how the external environment impacts business operations and strategies. the connection between climate and business surroundings, and the factors to consider.

source..
Content:


BUSINESS AND CLIMATE CHANGE
Name
Institution
Analysis of the Paradox of the Relationship between Business and Climate Change
In a paradoxical relationship, the capability is dependent on both sides of the pair. If one party is more powerful than the other, then the paradoxical relationship is weakened, and the optimum potential of the joints is not met. This situation means that when climate change tends to have extremely harsh conditions, it cannot favor the business environment and operations. Climate is an average pattern of weather conditions such as temperature, humidity, and air in a particular place. They are specific to geographical regions such as the Mediterranean and tropical. When climate changes become more powerful than how the business environment can sustain, the relation is weakened, leading to collapse. It primarily comes from natural factors like volcano activity, changes in the sun, and processes in the earth's core. Climate change is termed significant risks for the business environment, where its consequences can be felt beyond extreme versions. The relationship can be a business opportunity for some high-carbon industries to create innovations and growth. A good percentage of the world's population depends on natural resources like land for food and livelihood. Therefore the long-term changes in climate cause droughts affecting the water supply, affecting food production. A business that relies mainly on favorable weather to operate, such as rainfall, tends to accumulate losses when the climate worsens. Companies that generate electricity through water experience difficulties sustaining their clients, leading to a customer running away. Most companies play a crucial role in emitting gases that destroys the ozone layer affecting the climate afterward. Some gases tend to be dangerous in the air after being released as end products. The paper discusses the relationship between environment and businesses, analyzing how each of the pair impacts the other's functioning and strategies to sustain and adapt to the changes.
Impacts of Climate Change on Businesses
Changing weather patterns tend to pose significant risks to businesses, either large or small scale. Increased heat, droughts, and insect outbreaks are linked with climate change. The invasion of desert locusts caused by excessive heat plays a vital role in diminishing farm produce, even those intended for further production in significant companies (Sprain 2017). When they have no raw materials for processing, they end up lacking essential commodities to maintain customers. Increased wildfires have continued to damage appropriate soil nutrients, such a way that when a farmer intends to plant cereals, it becomes a challenge to grow since there are not enough nutrients. Declined water supplies tend to affect agricultural yields; thus, businesses in that area become diminished. Where there is no water, life becomes very challenging both in animals and plants. The excessive heats and droughts bring about health problems among the individuals working in these companies. Reduced workforce means that the production rate is also decreased since they go hand in hand. When people become ill, they cannot attend to their respective workplaces; therefore, business collapses.
The weather tends to play an essential duty in scheduling business operations and the environment at large. The consistency of business operations is affected and determined how well it prepares for weather fluctuations (Craig & Feng 2018). Weather delays mean delayed business projects, and perhaps extreme conditions could lead to extra costs of performance and a reduced workforce. Climate change has been considered the greatest threat to economic stability globally. The heat waves reduce the work rate and productivity due to comfortlessness. Not only is climate change a serious threat to the people and the planet, but it is also damaging economic interests. Climate change can force mass migrations of individuals; when water and food supplies become scarce, they are forced to relocate, and hence businesses are affected in those areas. Operations in companies cannot continue when people who work to ensure smooth running have been critically affected by hunger. Consumption of healthy foods provides optimum energy for the body to function. When there are insufficient resources, energy and time are lost searching for food that ought to spend entirely on the company.
Recent literature illustrates the economic and social challenges facing countries worldwide due to climate change, including damaged infrastructure, energy shortages, and food scarcity (Wright & Nyberg 2017). Human health is vulnerable to climate change, as the changing environment surroundings cause an increase in water-borne diseases, poor air quality, and illnesses transmitted by insects and rodents. Climate changes create a series of business risks on companies besides the apparent impacts. Many companies are exposed to these risks, which arise from response to climate change. Market regulations brought by the changes tend to increase the business operating costs and expenditure, thus undermining and affecting the asset value. Another climate-related risk for companies is the potential liability for emitting gases. A significant number of legal cases have been brought directly against fossil fuel companies and utilities in recent years, holding them accountable for the damaging effects. Climate change is altering how consumers, employees, and stakeholders interact with companies (Auffhammer, Baylis & Hausman 2017). The situation leads to severe problems as the relationship ought to be maintained for sustainability. Companies need to incorporate climate change strategic plans to manage the risks appropriately and mitigate their exposures. The government’s role in the business climate tends to attract a great deal of attention recently. Policies such as reductions of gases in the air could work to help in curbing the change. The government should develop regulatory policies such as taxations within where the companies operate to help save the environment by reducing their emissions for better businesses. The companies can explore better ways to create a cleaner environment for excellent productions. Companies could also educate their members on the importance of maintaining and ensuring a safe working environment, free from environmental hazards. When it comes to defining a company’s response to climate change, it is crucial to clarify what needs to be achieved. It is done by setting targets for future carbon emissions, taking into account international emission reduction commitments in global reductions.
How Businesses Affect Climate Change
Businesses also play a crucial role in the spreading of global warming through climate change. Direct greenhouse emissions from businesses account for a good percentage of total pollutions (Mintrom & Luetjens 2017). These emissions vary from years, and the more they exceed, climate conditions continue to be affected. In the effort to comprehend and address global climate change, analyses have been primarily focused on rapidly rising emissions of carbon dioxide. It is a by-product of fossil fuel combustion, which is the main contributing factor to global warming. Earth tends to be much cooler; hence it emits heat as infrared radiation, which has longer wavelengths. Carbon dioxide and other heat-trapping gases have molecular structures that enable them to absorb the infrared radiation, return to the earth's surface, and keep it warmer than it should be, thus inducing the climate change process. Gas has contributed the most to climate change. Most companies emit the gas as the end product releasing it outside the air without the consent of the impacts it poses to the environment. We tend to be very passionate about the goals we set in the businesses, and there are challenges on the way that we ought to fight them to achieve the set objectives. The environmental problem has become a significant challenge facing the world today, affecting how businesses operate (Clayton 2020). Climate changes tend to happen so quickly that many companies are yet to adapt to these changes. Companies around the world have been responsible for over seventy percent of carbon emissions that cause global warming. The mode of transport commonly used by these companies plays a role in climate disruptions. The heavy transits vehicles emit a lot of fumes in the environment, which later forms the ozone layer. Emissions from the company's offices also need to be cut.
Companies can take a stand to reduce these carbon emissions, making a climate action plan and supporting government policies to reduce the impacts (Seddon et al., 2020). It’s crucial to comprehend these companies contribute to climate change and also reduce their effects. Several industries have set greenhouse gas reduction targets, although the objectives fail to include the emissions linked with the products' whole cycle. The emissions generated by the corporation’s facilities tend to be easier in control measures, as they are already familiar. Companies, therefore, can be part of the solutions to reduce carbon emissions. They have to take a pro-active stance against climate change. Government and individuals in the industries tend to be vital in addressing climate change. With their massive influence on today's society, corporations have a more prominent role to play in the solutions. They can drive policy change, shape consumer behavior, and generally respond to climate change necessities. Focusing on energy reduction can result in extreme success for businesses, both in terms of sustainability and cost savings. Optimizing heating systems and purchasing energy-saving product...

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