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Case Title:

Global Warming and Climate Change (A): Making a Business Case

Publication Year : 2008

Authors: Priyanka Ramgopal & Muthu Kumar

Industry: General Business

Region:Global

Case Code: CSR0051

Teaching Note: Available

Structured Assignment: Available

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Abstract:
The Oscar-winning documentary An Inconvenient Truth forecasts the grim situation of our planet: melting ice sheets, huge increases in sea levels, more and stronger hurricanes and invasions of tropical disease, among other cataclysms. Global warming is here to stay and it cannot be sidelined anymore. The world is slowly waking up to its implications. Although these have been reinforced by the scientific community, there is never a single version of the same story. This case study is aimed for students of Corporate Social Responsibility (CSR), environmental studies, ethical retailing. Set at the time when the whole world woke up to the impact of global warming. Nations, governments, international bodies, NGOs, corporations, individuals have all come together to combat the impact.

Pedagogical Objectives:

  • To sensitise the business students about global warming implications
  • To study the causes of the phenomenon
  • To understand the Kyoto Protocol and debate on its mechanisms
  • To analyse the developed vs developing nations debate on global warming and solutions for emission reductions
  • To understand how globalisation help resolve the issue
  • To make a cost-benefit analysis of climate change on companies.

Keywords : Global Warming, Climate Change, Kyoto protocol, Emission Reduction, Competition, Greenhouse Gases (GHGs), Cost Benefit Analysis, Green Strategies, Environmental Regulations, Corporate Social Responsibility Case Study, Clean Development Mechanism (CDM), Joint Implementation (JI), Corporate Response to Global warming

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