Global Warming Already Changing Corporate Strategies

by | Feb 15, 2007

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Companies whose bottom lines will be affected by the results of global warming are already finding it necessary to change the way they do business, Grist reports (via Green Options).

Just a few examples:

Diavik Diamond Mines of Canada, is paying more money to transport materials by helicopter, rather than relying on melting Arctic ice bridges to move equipment.

Allstate Insurance, worried about the increase in extreme weather events, won’t accept new homeowner policies in NJ, CT, and DE, or New York City’s five boroughs.

Whirlpool is investing more resources into the production of more energy-efficient appliances.

An interesting report from the Pew Center that came out last year presents a look at the development and implementation of corporate strategies that take into account climate-related risks and opportunities. 

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