Companies can help the transition to a greener economy without sacrificing their financial interests
Environmental issues – be it pollution, the depletion of natural resources or climate change – are hot button topics of our world today. While scientists and politicians may debate the extent of problems such as climate change, what is beyond dispute is the increasing pressure placed on companies to assume greater responsibility for the environmental implications of their business operations and to incorporate environmental factors into their business practices.
Often, environmentally conscious business innovations that governments and companies champion are disruptive, displacing existing industries and the jobs that go along with them with new energy sources, materials or production methods. That’s certainly the case when, for example, governments take aim at the fossil fuel industry with the goal to disrupt and displace it due to concerns over carbon dioxide emissions.
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