Give an example of how denial of climate change has affected the operations and profitability of...

Give an example of how denial of climate change has affected the operations and profitability of a business.

Expert Solution

Global warming has been impacting all business stakeholders. Denial of scientific consensus on global warming by climate change sceptics surely impacts the General operations and profitability in the long run by making anti climate processes unsustainable.

To be specific, insurance firms and agricultural entities will be impacted the most, relatively sooner as natural calamities start to gain momentum.

Besides, MNC companies which are subject to different climate control regimes will feel the pinch to modify operations for maintaining profitability in view of the massive wave of public opinion in favour of climate protection.

In some cases uncertainty on climate laws is giving leeway to smaller entities in the third word for deferring required capes for meeting climate targets. However, they are digging their own graves in the process as parts of the systems could only survive till the broader system is hail and healthy.

Rahul Sunny answered 2 years ago

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