On 7 August 2021 the Intergovernmental Panel on Climate Change (IPCC) published a report1 that sent shockwaves around the world. The report shows that global heating is widespread, rapid and intensifying, and that extreme weather such as wildfires and floods will become more commonplace unless drastic and sustained changes are made – urgently. The following is just one of the numerous alarming findings detailed in the report:
Many changes due to past and future greenhouse gas emissions are irreversible for centuries to millennia, especially changes in the ocean, ice sheets and global sea level. We as human society are the chief culprits. As the report says:
It is unequivocal that human influence has warmed the atmosphere, ocean and land. Widespread and rapid changes in the atmosphere, ocean, cryosphere and biosphere have occurred.
Helen Clarkson, the CEO of the Climate Group, which represents 220 regional governments and 300 multinational businesses, covering 1.75 billion people and 50% of the global economy, says: “Every decision, every investment, every target, needs to have the climate at its core.”
1. ASSIGNMENT TOPIC AND PURPOSE
- You are required to do the following:
- Select a global industry (e.g. motor manufacturing, tourism, retail, etc) as the subject of your study.
- With reference to the global industry you have chosen, conduct a detailed external macro analysis of the global ecological environment.
- Extensively research the following with regard to the global industry you have chosen:
- The extent to which that industry has contributed towards the climate crisis.
- The impact of the climate crisis on that industry.
- Measures being put in place by key business organisations in that industry to address the climate crisis.
- Do a critical evaluation of your findings. This should include addressing questions such as the following:
- To what extent is that industry part of the problem and/or part of the solution?
- How effective are the strategies being implemented by the multinational corporations/global businesses in that industry?
Answer to the Above Questions
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