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The Impact of Climate Change in the Modern Enterprise
Abstract
This article analyses the profound and rapid climate changes that have taken place worldwide in the past two decades and their effects on modern enterprise. Reducing greenhouse gas emissions and developing strategies to adapt to and counterbalance future impacts of climate change sustainably are among the most pressing needs of the world today. Global temperatures are predicted to continue rising, bringing changes in weather patterns, rising sea levels, and increased frequency and intensity of extreme weather events. Such climatic events can have a major impact on households, businesses, critical infrastructure and vulnerable sections of society, as well as having a major economic impact. Therefore, society must prepare to cope with living in a changing climate. The effects of a changing climate have considerable impacts on modern enterprises. In some parts of the world, these impacts are increasingly becoming evident.
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