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Climate Change

What's Your Business Strategy?

by Andrew J. Hoffman and John G. Woody

Harvard Business Review Press, 2008

Category: Concepts & Trends

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Climate Change
Forget the controversy surrounding climate change. It’s a bottom-line business issue now.

In this summary you will learn

  • How climate change threatens your business
  • How your company can respond to the threat of global warming in three steps: assess, act and influence policy
  • How leading companies have saved money by becoming greener

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Why you should read Climate Change

Don’t waste time debating the science of global warming argue Andrew J. Hoffman and John G. Woody in this slim volume, part of the Memo to the CEO series. Instead, think about how climate change can harm your company ¬– or give you a business edge. The authors build a compelling case that addressing climate change is the right thing to do, from a fiduciary perspective. Their guide quickly covers the regulatory and scientific basics of climate change, and it offers plenty of real-world examples of companies responding to this threat. The writing is turgid at times, but the difficult spells don’t last long. getAbstract recommends this book to managers seeking advice on this daunting challenge.

About the Authors

Andrew J. Hoffman is a professor and co-director of the Erb Institute for Global Sustainable Enterprise at the University of Michigan. He has written six books and more than 50 articles. John G. Woody is with Energy and Environmental Economics (E3), an electricity market consultancy. He was previously a manager at Fotowatio Renewable Ventures and the Business Solutions Fellow at the Pew Center on Global Climate Change.


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