Implication of Global Warming on Organizational Leadership Essay - 1

Implication of Global Warming on Organizational Leadership - Essay Example Although the twentieth – century is still young, recently a variety events and concerns have surfaced that pose as major challenge for contemporary business world. In recent years, climate change has developed from being a fringe concern within the corporate world, addressed primarily through a company’s corporate and social responsibility, to an increasingly central topic for strategic deliberation and decision – making by executives and investors around the globe. Climate changes issues are among the most urgent global challenges in international business arena. The international environment issue attracted much more attention from politics, civil society, the media and business because of its actual and potential impact. With wide spread industrialization, the environmental impact of fossil fuels has taken centre stage in an international debate over the phenomenon known as global warming. The global warming affects several regions of the world adversely and hence industries around the world are at a major threat from environment. The responsibilities of MNCs with regard to global warming are huge and a strategic move from leaders of international business would make much difference. The Concept of Global Warming The phrase global warming has become familiar to many people as one of the most important environmental issue of our day. Human activities of all kinds whether in industry, in the field , or concerned with transport or the home are resulting in emission of increasing quantities of gas, in particular carbon – did- oxide, into the atmosphere. Every year these emissions currently add to the carbon already present in the atmosphere carbon dioxide a further seven thousand million tones, much of which is likely to remain there for a hundred years or more.