"Climate change's impacts cut across all functional areas of a
business. The systematic approach proposed in this report will be
very helpful to business managers concerned with integration of
business activities in operations, marketing, finance, and human
resources to support a consistent, pro-active strategic response to
climate change."--Karen Flanders, Director, Corporate
Responsibility, The Coca-Cola Company ""Carbon Strategies" captures
the risks, and opportunities, for companies in an increasingly
carbon-constrained marketplace. This book will be invaluable to any
executive seeking insight into strategies for success in this
changing business climate."--William L. Thomas, Americas
Environment Head, Clifford Chance US LLP "For any manager who has
been charged by the CEO to develop a climate change strategy, this
book is for you. It offers plainspoken wisdom garnered from over 30
companies on how best to address climate change as a business
issue. It takes much of the guesswork and expense out of testing
unproven ideas, and puts you on the right path towards addressing
this critical issue in a way that benefits the bottom line and the
environment."--Fred Krupp, President, Environmental Defense "In
order to preserve the stability and growth of the world's economy
and all of the opportunities it affords, we must protect the global
environment. Climate change represents one of the most significant
issues of risk and reward facing CEOs and investors today. Hoffman
offers a very helpful framework for the analysis."--Michael Klein,
Chairman and Co-Chief Executive Officer, Citi Markets & Banking
Vice Chairman, Citibank International PLC "Future generations will
look back with eitheradmiration or despair, judging how well we, in
these early years of the twenty-first century, addressed critical
climate-change issues. Over the past six years, even as Entergy's
sales increased more than 20 percent, our emissions have been held
to near 1990 levels. We applaud Andy Hoffman and the Pew Center's
success in creating a fact-based constructive dialogue among
various stakeholders, while offering effective solutions to meet
the needs of future generations. With the best intentions of
everyone, we can give our grandchildren a planet that we changed
for the better."--J. Wayne Leonard, Chairman and Chief Executive
Officer, Entergy Corporation "While climate change presents a
daunting array of potential challenges, there are also real
opportunities if you know where to look for them. "Carbon
Strategies" provides approachable, pragmatic, and actionable
guidance for companies who are ready and willing to turn
climate-related risks from a liability into a competitive
advantage."--Brian M. Storms, Chairman and CEO, Marsh Inc. "We hear
far too often that the constraints of 'business as usual' prevent
real action on global warming. In this important and timely book
Andrew Hoffman demonstrates that real action is already under way
in many of the world's leading corporations. Moving far beyond
simple anecdotes to detailed analysis and careful case history,
Hoffman lays out a practical road map to enduring corporate
change."--Rebecca M. Henderson, Eastman Kodak LFM Professor, MIT
Sloan School "Carbon Strategies" describes specific steps any
business can take to implement sound, practical, climate-related
corporate policies. Based on Andrew J. Hoffman's widely praised
report from the PewCenter on Global Climate Change, and
significantly revised in light of subsequent developments, "Carbon
Strategies" teaches practitioners and students about the importance
of timing policy implementation, establishing appropriate levels of
internal and external commitment, influencing beneficial policy
development, and creating new business opportunities based on
climate policy. Hoffman presents real-life "lessons learned" at
each step of the climate-strategy development process and concludes
this concise guidebook with six case studies (Cinergy, Swiss Re,
DuPont, Alcoa, Shell Group, and Whirlpool) that demonstrate the
principles of corporate climate policymaking in action.
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