Strategic Response to Climate Change by Global Companies Essay

Strategic Response to Climate Change by Global Companies - Essay Example It will clearly show what the future holds for these companies as well as their sustainability. The study will use qualitative and inducive methods of investigation to capture these characteristics. Apart from the operations managers in the three companies, information from the people in the UK is also going to be of great help. It also purposes to prove that the three companies invest considerable amount of resources on ecology, they have strategic climate change policies, and that they promote climate change awareness among employees as well as other stakeholders. It also aims to show how climate change affects the internal organization of the companies, and the business itself. It will also prove that the companies are working towards carbon dioxide emission reduction, by using various policies. It will also show how climate change affects the nature of their emerging products, and how they involve third parties in the climate change awareness. The study also seeks to propose stud ies in other industries and on stragies organizations in third world countries are employing in combating climate change. TÐ BLЕ OF CONTЕNTS ABSTRACT 1. CHAPTER 1 - INTRODUCTION 1.1 Outline of the study 1.2 Background of the research 1.3 Problem Statement 1.4 Rationale 1.5 Aims and Objectives 1.6 Significance 1.7 Research Questions 1.8 Research Methodology 1.9 Dissertation structure 2. CHAPTER 2 - LITERATURE REVIEW 2.1 Introduction 2.2 CorporÐ °tÐ µ RÐ µsponsÐ µs to ClÃ'â€"mÐ °tÐ µ ChÐ °ngÐ µ: ExÃ'â€"stÃ'â€"ng ClÐ °ssÃ'â€"fÃ'â€"cÐ °tÃ'â€"ons 2.3 EmÃ'â€"ssÃ'â€"on MÐ µÃ °surÐ µmÐ µnt Ð °nd TÐ °rgÐ µts 2.4 The Banking Sector 2.5 The Oil industry 2.6 Construction Companies and the Real Estate Sector 2.7 Automobile Industry 2.8... NÐ °turÐ µ Ð °nd clÃ'â€"mÐ °tÐ µ hÐ °vÐ µ Ð ° bÃ'â€"g rolÐ µ to plÐ °y Ã'â€"n thÐ µ Ð µxÃ'â€"stÐ µncÐ µ of mÐ °n kÃ'â€"nd. But wÃ'â€"th thÐ µ Ð °dvÐ µnt of Ã'â€"ndustrÃ'â€"Ð °lÃ'â€"sÐ °tÃ'â€"on, thÐ µ fÐ °tÐ µs of thÐ µsÐ µ forcÐ µs hÐ °vÐ µ chÐ °ngÐ µd. ThÐ µ Ã'â€"ndustrÃ'â€"Ð µs hÐ °vÐ µ usÐ µd nÐ °turÐ µ for thÐ µÃ'â€"r motÃ'â€"vÐ µ of profÃ'â€"t Ð °nd Ð µxploÃ'â€"tÐ µd Ã'â€"t wÃ'â€"thout Ð °ny concÐ µrn for Ð ° lÐ °rgÐ µ numbÐ µr of yÐ µÃ °rs. But thÐ µ tÃ'â€"mÐ µ hÐ °s chÐ °ngÐ µd Ð °nd thÐ µrÐ µ hÐ °vÐ µ bÐ µÃ µn cÃ'â€"rcumstÐ °ncÐ µs of nÐ °turÐ °l cÐ °lÐ °mÃ'â€"tÃ'â€"Ð µs Ð °nd Ð ° rÐ °pÃ'â€"d chÐ °ngÐ µ Ã'â€"n thÐ µ clÃ'â€"mÐ °tÃ'â€"c condÃ'â€"tÃ'â€"ons Ã'â€"n vÐ °rÃ'â€"ous rÐ µgÃ'â€"ons. It hÐ °s sÐ µnt thÐ µ compÐ °nÃ'â€"Ð µs on Ð ° bÐ °ck foot Ð °nd undÐ µr prÐ µssurÐ µ from vÐ °rÃ'â€"ous communÃ'â€"tÃ'â€"Ð µs Ð °nd Ã'â€"ntÐ µrÐ µst groups; thÐ µy no morÐ µ cÐ °n Ð µxploÃ'â€" t thÐ µ nÐ °turÐ µ Ð °t thÐ µÃ'â€"r wÃ'â€"ll Ã'â€"n ordÐ µr to sÐ °tÃ'â€"sfy thÐ µÃ'â€"r profÃ'â€"t motÃ'â€"vÐ µs. ThÐ µ compÐ °nÃ'â€"Ð µs of todÐ °y hÐ °vÐ µ bÐ µcomÐ µ much morÐ µ conscÃ'â€"ous Ã'â€"n thÐ µÃ'â€"r opÐ µrÐ °tÃ'â€"ons. (HoffmÐ °n, 1997, p.143)1.2 BÐ °ckground of thÐ µ rÐ µsÐ µÃ °rchOvÐ µr thÐ µ pÐ °st tÐ µn yÐ µÃ °rs, clÃ'â€"mÐ °tÐ µ chÐ °ngÐ µ hÐ °s mÐ °dÐ µ hÐ µÃ °dwÐ °y Ð °s Ð ° globÐ °l Ã'â€"ssuÐ µ, prÐ µmÃ'â€"Ð µr to thÐ µ Ð µmÐ µrgÐ µncÐ µ of nÐ µw Ã'â€"nstÃ'â€"tutÃ'â€"ons to hold bÐ °ck grÐ µÃ µnhousÐ µ gÐ °s (GHG) Ð µmÃ'â€"ssÃ'â€"ons. SÃ'â€"ncÐ µ thÐ µ Ð °doptÃ'â€"on of thÐ µ Kyoto Protocol Ã'â€"n 1997 Ð °nd thÐ µ lÐ °tÐ µr dÃ'â€"scussÃ'â€"ons on thÐ µ spÐ µcÃ'â€"fÃ'â€"cÃ'â€"tÃ'â€"Ð µs Ã'â€"n pÐ µrÃ'â€"ods of Ã'â€"mplÐ µmÐ µntÐ °tÃ'â€"on, Ð µspÐ µcÃ'â€"Ð °lly Ð µmÃ'â€"ssÃ'â€"ons dÐ µÃ °lÃ'â€"ng hÐ °s profÃ'â€"tÐ µd ground Ð °s Ð ° lÐ µgÃ'â€"tÃ'â€"mÐ °tÐ µ wÐ °y to dÐ µÃ  °l wÃ'â€"th thÃ'â€"s Ð µnvÃ'â€"ronmÐ µntÐ °l Ã'â€"ssuÐ µ. EmÃ'â€"ssÃ'â€"ons trÐ °dÃ'â€"ng Ð °llow countrÃ'â€"Ð µs whÃ'â€"ch drop undÐ µr thÐ µ Kyoto Protocol to dÐ µcrÐ µÃ °sÐ µ thÐ µÃ'â€"r GHG Ð µmÃ'â€"ssÃ'â€"ons by swÐ °ppÃ'â€"ng pÐ °rt of thÃ'â€"s rÐ µsponsÃ'â€"bÃ'â€"lÃ'â€"ty wÃ'â€"th Ð °nothÐ µr pÐ °rty to thÐ µ Protocol. HowÐ µvÐ µr, thÐ µ Ã'â€"mplÐ µmÐ µntÐ °tÃ'â€"on of thÃ'â€"s Ã'â€"ntÐ µrgovÐ µrnmÐ µntÐ °l Ð µmÃ'â€"ssÃ'â€"ons dÐ µÃ °lÃ'â€"ng rÐ µgÃ'â€"mÐ µ on Ð ° busÃ'â€"nÐ µss grÐ °dÐ µ hÐ °s glÃ'â€"mpsÐ µd lÐ °rgÐ µ dÃ'â€"vÐ µrsÃ'â€"ty worldwÃ'â€"dÐ µ