Climate Change and Management Flashcards
according to sleepwalking into catastrophe, companies need to consider cc as a _____ issue
moral
companies are reluctant to start due to high starting prices. these include
low impact materials, tech, renewable energy
why can cc be considered as a moral issue
how can life go on as normal if the world is sturggling, people are being forced out of their homes due to natural disasters
example of images that trigger guilt/concern and encourage more ethical decision making
orangutan in the bedroom
what type of decision making is usually used in business, making moral decision making less frequent
rational decision making eg forecasting
the highly complex discourse that scientists use when talking about cc encourages businesses to belive
that cc should be kept to the experst to solve
how is vividness/ availability affecting adaptation strategies
as the effects of cc are not clearly visable in everyoones lives, they may not think its a problem to them
ITS SO VISABLE THAT ITS INVISABLE
what do people do because they are scared to change
overemphasise the risks associated with change
how are people over optimistic about cc
we overestimate our ability to deal with probelms and rely on the ability of tech to solve the problem
how does time frame create biases here
the cause and effect of actions are far apart. eg a company makes sacrifices now to be compensated with uncertain benefits far into the future(delayed gratification)
how can cc be seen as a social behaviour problem
we need climate friednly ways to become the default/second nature
what fundamentals of management does cc challenge
the foundations that management was built on eg consumption and production, profits
what does anthropogenic mean
caused by humans
when did the term sustainable development come about
1980s
what does iPCC stand for
intergovernmental panel on climate change
what is the function of snow and ice in preventing global warming
snow and ice reflect sun rays back into space
how many of worlds largest cities are located wthin 200k of the coast
2/3
how can cc cause political and security risk``
rising food prices due to scarcity result in violence and conflict
what is assymetroc uncertainty in relation to cc
the best and worst case scenario aren’t equally known
what is discounting (strategic cog)
given two similar rewards, people show preferences for the one that arrives sooner rather than later
who came up with the term green and competitive
michael porter 1990s
what is greenwashing
exaggerate enviornmental friendliness to win over customers
some examples of greenwashing
only one aspect being enviornmentally friendly, that’s what emphasised eg H&M clean cotten, also use sweatshops
vagueness and fluffy language
irrelevance eg uses no CFCs, but theyre banned by law
spending more money on ads that say how sustainable they are rather than actually becoming sustainable
green labels, leaves, trees
what is mitigation
reducing effects of cc eg using renewable energy
what is adaption
dealing with consequences of cc eg disaster management
loss of biodiversity includes loss of non human workers example
bees, pollination
how many planets would be needed for everyone in to have the same living standard as the us
2-3 planets
instead of aiming for growth we should aim for
stability
managers who overlook opportunities to improve and profit from cc can consider themselves as havinf
a market failure
example of hyperbolic discounting in business
investing into projects that have positive rewards right now rather than later
