Sir Nicholas said recently:
“The conclusion of the Review is essentially optimistic. There is still time to avoid the worst impacts of climate change, if we act now and act internationally. Governments, businesses and individuals all need to work together to respond to the challenge. Strong, deliberate policy choices by governments are essential to motivate change. But the task is urgent. Delaying action, even by a decade or two, will take us into dangerous territory. We must not let this window of opportunity close.”
Herein below is part three (final reproduced portion) of the article written by Kevin Eddy (assistant Editor of the Chartered Secretary ICSA magazine January 2007-- Apocalypse now-ish (Part Three)
Theory into practice - So, what does all this mean in practice? Tony Hoskins, chief executive of the consultancy firm The Virtuous Circle - which specialises in advising companies on corporate social responsibility issues - thinks that many organisations will need to think of it as a culture change process to achieve the desired results. The Stern Review will have a significant effect on companies' approach to corporate social responsibility because the actions needed to achieve change will affect all areas of business. Companies will need to consider plans over and above energy offsets and energy efficiency improvements if the scenarious potrayed in the Stern Review are to be avoided. It will give certain arguments a different emphasis - the current discussions about supply chains, for example, as we've seen with the shipping of langoustines to Asia for them to be cleaned and returned to the United Kingdom. Companies will need to consider the carbon emissions related to having such long supply chains and decide whether or not a more local sourcing policy may be more appropriate. On a wider scale, over time firms will have to look at the products and services they provide to see how they can improve their environmental emissions impact.