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A new climate for business: Planning your response to the Paris Agreement on Climate Change

September 2016 – This business briefing provides an overview of what was agreed in the Paris Agreement. It explains the major implications and helps businesses to formulate their strategic responses.

Download the business briefingA new climate for business: Planning your response to the Paris Agreement on Climate Change

 

About the briefing

In December 2015, in Paris, France, at the largest-ever gathering of world leaders and ministers, 195 countries agreed a global framework for tackling manmade climate change. The historic and ambitious Paris Agreement was a turning point in political action on climate change with implications for the global economy and businesses everywhere.

Whilst the impact of the Agreement will vary from industry to industry and across geographies, there are common themes and an overall new context for change, which apply to all businesses. This briefing is not exhaustive but it is our hope that it will provide a stimulus and framework for understanding the likely implications as your business begins to develop a strategic response to the Paris Agreement.

PEST analysis

This briefing provides an overview of what was agreed in Paris. It explains the major implications and helps businesses to formulate their strategic responses. To best frame these implications and responses we consider the potential external forces that may act on a business using the PEST model (Political, Economic, Socio-cultural and Technological).

The briefing also includes:

  • The Paris Agreement unpacked - What does it really mean?
  • What are the key elements of the Paris Agreement for business?
  • Why this all matters to your business
  • Questions your business could consider
  • Example case study - a car manufacturer
  • The journey ahead
  • Recommended resources

Citing this briefing

Please refer to this report as University of Cambridge Institute for Sustainability Leadership (CISL). (2016, September). A new climate for business: Planning your response to the Paris Agreement on Climate Change. Cambridge, UK: Cambridge Institute for Sustainability Leadership

Published: September 2016

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Authors

This business briefing was authored by an editorial team of Nicolette Bartlett, Paul Begley, James Cole, Dr Louise Driffill, Dr Kayla Friedman, Tamara Inkster-Draper, Aris Vrettos, Eliot Whittington and Adele Williams.

Disclaimer

The opinions expressed here are those of the authors and do not represent an official position of CISL, the wider University of Cambridge, or clients.