NON-EXECS MUST PREPARE FOR POLICY AND LAW CHANGES FOLLOWING PARIS CLIMATE DEAL
June 1st, 2016
Board directors are being warned they must anticipate and prepare for significant changes to the way their companies do business in the wake of the international climate change accord agreed in Paris last December (2015). The agreement called on all nations to hold the increase in the global average temperature to well below 2°C above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels.
Advocates of the deal say what distinguishes it from previous agreements such as the Kyoto protocol is that ...
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