What are the components of a smart business strategy for companies that are serious about climate change? BSR's new report, "A Three-Pronged Approach to Corporate Climate Strategy," examines business reactions to climate change and lays out a simple spectrum of actions to move towards carbon neutrality.

The report offers examples of what companies across industries are doing to limit risk and liability and create approaches to secure their positions as leaders rather than laggards. Increasing the efficiency of energy use, offsetting emissions, and shifting to de-carbonized energy and renewables are some of the actions that apply to all aspects of business, including raw material selection, design, sourcing, delivery and disposal.

"These options are more than many companies often consider, and offer managers greater choice in defining ambitious, value-creating climate strategies," said Emma Stewart, Ph.D., BSR's acting director of research and development.

In addition to this new business guide, BSR is designing three new multi-year initiatives for companies:

- Lessening climate-related emissions within the food and agriculture sector through supply chains, sourcing and trucking. This initiative will work with companies on local procurement and on developing the tools needed to pilot and expand local sourcing.

- Providing companies with an understanding of the full range of voluntary CO2 offset programs and a tool for assessing when to act and which program to select.

- Engaging auto, energy and agriculture companies on biofuels and mobility. Through a series of multi-sector dialogues and briefings BSR will explore the impacts of emerging supply chains in biofuels.

To learn more about these initiatives, contact Emma Stewart at estewart@bsr.org or +1-415-984-3248. Download "A Three-Pronged Approach to Climate Change" at www.bsr.org/CC_Report(PDF, 355 KB).

Valuable insights about the corporate response to climate change will also be explored in-depth at the 2006 BSR Conference, Nov. 7-10, in New York. Session titles include "Strategic Decision-Making on Climate Change: Exploring Voluntary and Regulatory Approaches" and "Rethinking Global Supply Chains for a Climate-Constrained World." For more information, go to www.bsr.org/conference.

About BSR
Since 1992, Business for Social Responsibility (BSR) has been a leading provider of socially responsible business solutions to many of the world's leading corporations. Headquartered in San Francisco, with offices in Europe and China, BSR is a nonprofit business association that serves its 250 member companies and other Global 1000 enterprises. Through advisory services, convenings and research, BSR works with corporations and concerned stakeholders of all types to create a more just and sustainable global economy. For more information, visit www.bsr.org.

BSR

BSR

Since 1992, Business for Social Responsibility (BSR) has been providing socially responsible business solutions to many of the world's leading corporations. Headquartered in San Francisco, with offices in Europe and China, BSR is a nonprofit business association that serves its 250 member companies and other Global 1000 enterprises. Through advisory services, convenings and research, BSR works with corporations and concerned stakeholders of all types to create a more just and sustainable global economy. For more information, visit www.bsr.org.

More from BSR