Skip to Main Content

Latest News

Advertise Here
June 24, 2011

Climate Change

Businesses see opportunity in adaptation, report finds

Marc Reisch

  • Print this article
  • Email the editor

Latest News

October 28, 2011

Speedy Homemade-Explosive Detector

Forensic Chemistry: A new method could increase the number of explosives detected by airport screeners.

Solar Panel Makers Cry Foul

Trade: U.S. companies complain of market dumping by China.

Novartis To Cut 2,000 Jobs

Layoffs follow similar moves by Amgen, AstraZeneca.

Nations Break Impasse On Waste

Environment: Ban to halt export of hazardous waste to developing world.

New Leader For Lawrence Livermore

Penrose (Parney) Albright will direct DOE national lab.

Hair Reveals Source Of People's Exposure To Mercury

Toxic Exposure: Mercury isotopes in human hair illuminate dietary and industrial sources.

Why The Long Fat?

Cancer Biochemistry: Mass spectrometry follows the metabolism of very long fatty acids in cancer cells.

Text Size A A

Companies that are able to adapt to climate change will gain a competitive business advantage in the future, according to a new report prepared by the United Nations Global Compact, a corporate network committed to social and environmental goals, in cooperation with the UN Environment Program and allied social justice and environmental groups.

The report is based on a survey of 72 global companies in a variety of industries, including makers of chemicals and pharmaceuticals such as Bayer, Dow Chemical, DuPont, Mitsui Chemicals, Novartis, Novozymes, and Sasol. The survey was conducted under the auspices of the UN.

Among those surveyed, 86% said responding to climate risks or investing in ways to adapt to those risks is a business opportunity. However, the survey found that executives aren’t always sure what climate adaptation means to their companies and the markets they serve. In addition, respondents said that they find it difficult to incorporate climate-change data into strategic analyses and that they would like more information on adaptation costs and benefits.

Among the report’s recommendations are that firms should align business objectives with climate-change adaptation and build a portfolio of climate-resistant goods and services.

The report itself anticipates two upcoming events: this fall’s UN Framework Convention on Climate Change in Durban, South Africa, and next year’s UN Conference on Sustainable Development in Rio de Janeiro, also called Rio+20 because planners hope to foster a new global compact on climate change 20 years after the last such major effort that took place there. The report is intended to enliven policy discussions at those events.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2011 American Chemical Society
  • Print this article
  • Email the editor

Services & Tools

ACS Resources

ACS is the leading employment source for recruiting scientific professionals. ACS Careers and C&EN Classifieds provide employers direct access to scientific talent both in print and online. Jobseekers | Employers

» Join ACS

Join more than 161,000 professionals in the chemical sciences world-wide, as a member of the American Chemical Society.
» Join Now!