Will Growing Business Risk Reach an Action Tipping Point?

With binding commitments left unresolved in Copenhagen late last year, emission reduction still remains undefined and looms heavy for US businesses. Once direction is set, business will be able to begin evaluating business sustainability strategies to address their direct business exposure. For now, many of the companies we interact with in our sustainability consulting are on the fence about how to address this uncertain yet real business risk.

With growing eco awareness around global climate policy, potential direction of domestic legislation and resulting business exposure, our professional consulting advice follows the path of energy management leaders who are address energy consumption from an expanded perspective. These thought leaders are implementing energy management plans that consider sustainability concepts equally with cost.

As an energy consultant, we have observed a recent shift by individuals and businesses to include more sustainability concepts that affect a broader business risk of climate change.   Our professional consulting finds more companies proactively addressing:

•    Infrastructure Risk: Dependencies on traditional energy sources
•    Financial Risk: Continued operation or switching cost for current business process
•    Reliability Risk: Potential impact to continued supply of affordable energy
•    Emission Risk: Company exposure and ability to reduce company footprint
•    Supply Risk: The long-term viability of current supply chain models

At Taiga Company, our professional consulting is already providing small business resources to companies implementing business sustainability programs to address emissions. Many of these organizations are focusing on more than cost reduction. By taking proactive measures, these organizations are addressing the business sustainability risks that will directly impact company profitability.