Friday, July 23, 2010

Business leaders and climate leadership....


Wal-Mart CEO Lee Scott, in one of his speeches, said "For us, there is virtually no distinction between being a responsible citizen and a successful business.....they are one and the same for Wal-Mart today." It is the CEOs who set the vision for environmental strategies and take small businesses forward without really compromising on environmental values and this global community cannot afford to lose momentum over the environmental movement. Business leaders are seen making serious attempts to attenuate the environmental impacts of their businesses and reduce the carbon footprints of their activities. Organizations that produce eco-friendly products need not lose their edge over their competitors who are yet to evolve strategies to improve their environmental efficiencies. Environmental performance and sustainability come with a certain cost, a cost, which is recovered when consumers opt for eco-friendly products. Business leaders are bound to emerge as climate leaders as they innovate to reduce any environmental impact even as they comply and conform their businesses to the tenets of ecological science. Climate leaders need to sensitize their governments about enhancing their commitments on emissions reduction and help forge public-private partnerships.

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