This preview shows page 1. Sign up to view the full content.
Unformatted text preview: ntal factors.3
Given the growing prominence of the climate issue, rapidly
evolving state and national energy policies, rising world
energy costs, the climate-related risks and risk-avoidance
opportunities are substantial. Your customers and suppliers
might also be affected by these same dynamics and there
fore search for suppliers who take climate change seriously. 1 U.S. Environmental Protection Agency. (2007, September). ENERGY STAR and Other Climate Protection Partnerships: 2006 Annual Report.
2 Stewart, T. (2007, October). From the Editor, Hot Water. Harvard Business Review.
3 Esty, D.C. and Winston, A.S. (2006). Green to Gold: How Smart Companies Use Environmental Strategy to Innovate, Create Value, and Build Competitive
Advantage. Yale University Press. Introduction 3 3. Addressing climate change can expand and open
new markets for your company.
In an interview on his company’s business strategy Jeffrey
Immelt, chairman and CEO of General Electric (GE), com
mented in Harvard Business Review that:
The goal was to strengthen the company by picking
a theme that was bigger than just energy, or rail,
or aircraft engin...
View Full Document
This document was uploaded on 03/29/2014.
- Spring '14