While awareness of climate change has been rising among Canadians in recent years, it is still relatively new for many Canadian companies as a management issue. Climate change risks will need to be managed as companies navigate through a myriad of complicated voluntary and mandatory programs, as well as respond to new and emerging government regulations. As a result, many companies have decided to develop long-term strategies to help manage the risks and opportunities associated with climate change. Once a company decides to develop a climate change strategy, there are many ways they can proceed.
The following issue of The Forecast discusses the five stages of climate change strategy development and the key differences between mandatory and voluntary programs.
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