Creating Solutions to the Challenges of Climate Change
“Delays breed dangers,” said English writer John Lyly in 1579. When it comes to climate change, never has a piece of advice been more relevant. The world has taken action on reducing greenhouse gas emissions, the major contributor to climate change.
But those actions have fallen short. They are often unsystematic and controversial in nature and thus have slowed the creation and implementation of science-based solutions to this urgent problem.
It’s time to take action and change the conversation about climate change. Instead of sensationalized headlines or knee-jerk reactions, we need logical approaches steeped in reliable studies.
We need to focus on the role of businesses in climate change.
Organizations are in a unique position. They typically have more resources and influence than private citizens and have the power to both combat the environmental effects of climate change and benefit financially from it.
In business, there are two significant opportunities. First, institutions must understand their operational risks from climate change.
This means conducting a comprehensive assessment using a multi-disciplinary team of engineers, risk managers, climate and health scientists, and business strategists. These assessments will reveal the company’s projected risks, weather events, infrastructure damage, and supply and business disruptions.
The second opportunity for B2B organizations is the many ways they can capitalize on climate change-related opportunities. Impacted competitors, technology innovations, and supply chain differentiation are all competitive possibilities.
The problem is that while climate change business opportunities are available, many organizations either don’t know that they exist or don’t know how to leverage them. Plus, they lack the processes to develop climate change initiatives and fully take advantage of the resulting business opportunities.
That’s where DDB Technology can help. We provide elite, reputable advisement and develop at-scale environmental risk management programs using proprietary AI technology to well-capitalized B2B organizations to help them accomplish three things: do their part to combat climate change, identify and mitigate risks that threaten their business, and take advantage of climate change-related opportunities to raise their profitability.