Addressing climate change has for many years been considered an extra cost; a burden on the bottom line, that businesses could choose to incorporate if they felt a strong commitment to corporate social responsibility (CSR).
New evidence and thinking points to a different picture. The cost of inaction is a greater threat to businesses’ survival. Mark Carney, whilst still Governor of the Bank of England put it bluntly: “Firms ignoring the climate crisis will go bankrupt”.
But it is not just avoiding the bleak outlook. Growing evidence points to the economic benefits and job creation that is associated with the right climate action. Mott MacDonald leads the way in helping our clients navigate towards a climate resilient future.