Lehman Brothers have produced a report called "The Business of Climate Change, Challenges and Opportunities"in which they both compile the evidence of climate change, produces essays on its relevance for different sectors and draw some conclusions. It is very interesting reading in its own right because of the comprehensiveness, but also when you think that the target group are important investors who (whether we like it or not) determine a part of our future by the way they shift their funds.
You may remember that in his review Sir Nicholas Stren wrote "The most successful economies are those that have the flexibility and dynamism to embrace the change". The Lehman report has its own variation on this theme when it says "The firms that will prosper in a climate-changing world will tend to be those that are early to recognise its importance and its inexorability; foresee at least some of the implications for their industry; and take the appropriate steps well in advance".
Can we assume that there is more focus on these matters in some boardrooms nowadays?Log in to post comments