Being a good corporate citizen comes with risks. Andrew Black tells the tale of a close escape.
For corporates that have medium-term planning regimes, taking seriously the considerable challenges posed by climate change may require they make swift and specific changes. And those changes may be disruptive to the business-as-usual view frequently broadcast by senior management.
The recently-retired chief executive of Unilever, Paul Polman, is now soliciting the support of other industrialists and business interests to lobby to encourage a broad social acceptance of the need for dramatic action on climate change. And Polman has established a reputation as one seeking to combine business with a broader sense of social and environmental responsibility. This in turn could enable corporate