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Unisa Press

Climate Change: A Guide for Corporates

Hennie Stoffberg & Paul Prinsloo
ISBN 971-1-86888-564-0 Unisa Press & Trialogue October 2009

Distributed by Unisa Press and Trialogue, South Africa
Format 215 x 210 mm (full colour throughout, with laminated softcover)
Pages               xvi+ 148
Publish Year     2009
ISBN                 978-1-86888-564-0
SA price: R230,00 (VAT incl)
Rest of the world:
Africa: R242,00 (Airmail incl)
US$39.00 (Airmail incl)
GB ₤23.00 (Airmail incl)
€31.00(Airmail incl)
The book is printed on Sappi triple green – a high-quality coated fine paper which is sustainable
and environmentally sound.

Marketing and review copies: Ms Samantha Miller millesa@unisa.ac.za
Tel +27 12 429 8978
Book orders:
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Climate Change

SUBJECT: CLIMATE CHANGE / SUSTAINABLE DEVELOPMENT /SOUTH AFRICA / ENVIRONMENTAL STUDIES

About the book

“We’re the first generation that has had the power to destroy the planet. Ignoring that risk can only be described as reckless” (Sir Nicholas Stern, 2009)

Not a day passes by without new information emerging about the impact of climate change on our planet or the seemingly relentless pace of change to our world due to climate change. Each day brings forth renewed calls for action – the need for actions from individuals, governments, and increasingly, the corporate world. It is no longer business-as-usual – we can literally no longer afford that.

But how do we react? What can corporations, big and small, do to address climate change? Responding to climate change is becoming a permanent feature on the agendas of companies, NGOs, employees and the broader public. Formulating appropriate responses to climate change is however often surprisingly difficult. Debates and regulations surrounding climate change are clouded in strange scientific terminology and a pile of data which overwhelm us. We may also feel that the scale and scope of climate change is so immense that our individual and corporate responses cannot really make a difference.

This book not only actively demystifies the corporate response to climate change, but also ensures that everyone can do something to address climate change.

  • It leads readers to reconsider the relationship between climate change and the corporate world.
  • This is a compact guided journey into the increasingly regulatory and auditing environment which hold corporations accountable for their carbon footprint.
  • The authors provide key pointers to business in a comprehensive overview of factors to consider when formulating appropriate and effective responses to climate change.
  • Appropriate corporate climate change responses are vital.

To this end, the authors provide an overview of South African media publications which highlights not only the imperative for a corporate response to climate change, but also the change in paradigm faced by business. Here, the reader is drawn into the most current corporate climate change debate through printed media excerpts and accompanying corresponding graphics and photos.

The book continues with an intriguing report on an empirical study conducted on the web database of the newspaper Business Day. Findings point to the most important climate change topics of discussion in specifically the corporate environment over the last 11 years. The local Business Day frequency search is also positioned in an international context with similar searches conducted in the Wall Street Journal, the London Financial Times and the Australian Financial Review.

In conclusion, the book offers a method of corporate climate change response benchmarking, reporting and accounting via a corporate climate change response “checklist” and a description of its use by various corporate stakeholders. This handy checklist is organised into ten domains that will assist business to have an overview of the whole field of climate change and concise pointers in each of these domains. The ten domains are discussed in the following sequence:

  1. Climate Change: Governance
  2. Climate Change: Management Strategy
  3. Climate Change: Risk Exposure
  4. Climate Change: Opportunities
  5. Climate Change: Carbon Performance Improvement
  6. Climate Change: Stakeholder Engagement
  7. Climate Change: Public Disclosure
  8. Climate Change: Assurance
  9. Climate Change: Operational Impact
  10. Climate Change: Adaptation

Recommended as essential reading for a range of audiences, from students, lecturers, journalists, boards of directors, managers, shareholders and a range of other stakeholders, the book provides vital information for strategic planning sessions, preparing for climate change audits and carbon disclosure projects, induction and training sessions, and preparing ourselves for an increasingly carbon-constrained world. Ultimately, Demystifying the corporate response to climate change shows that responding to climate change as corporations is not only necessary but actually possible!

About the Authors

Dr Hennie Stoffberg teaches post graduate and undergraduate students in Architecture at the University of Pretoria and the focus of his research is on climate change and the built environment. He held the position as the Program Manager for the Exxaro Chair in Business and Climate Change at the Centre for Corporate Citizenship of the University of South Africa, during 2008.

Dr Paul Prinsloo is an Education Consultant at the University of South Africa. His research interests include corporate citizenship, sustainability education and teaching about climate change. He consulted widely for a range of institutions including the United Nations Global Compact Learning Forum in Ghana, and regularly consults for various South African universities and universities of technology.

What the critics say

‘The response that corporations must develop to Climate Change is arguably one of the most important and challenging activities that they will undertake in the 21st century which will have significant implications for the world as we know it.  Yet the study of climate change can, from the average manager’s perspective, appear to be filled with incomprehensible scientific facts, glib conventional wisdom, conflicting opinion and the omnipresent danger of inadvertently adopting the perspectives of rogue environmental scientists.  What is needed is a straightforward guide that appeals to the career managers desire for structure, process and predictable outcomes.  This is what Dr. Hennie Stoffberg and Dr. Paul Prinsloo have delivered by producing a very usable booklet for conceptualizing and planning corporate climate change strategy, and the realities of prospering in a low carbon society.  The book is free of jargon, identifies the most relevant experts in the field and defines in the simplest terms the key elements that should constitute a credible corporate response to climate change.  It provides the much needed kick start that we all need to evolve strategies capable of arresting climate change!’

Brian Leroni
Group Corporate Affairs Executive, MASSMART Holdings Limited

 ‘… I think this book is going to be extremely useful. The primary contribution it makes is to draw together almost the entire current universe of measures and expectations of business with regards climate change – in a single, concise book. I have no doubt that this will be an incredible help to business managers who are frequently crying out: `Just tell us, once and for all, what you want from us’.

From the Foreword by Dr Neil Eccles
Acting Director of the Centre for Corporate Citizenship, University of South Africa

`This book is a timely and crucial contribution to assist corporations and broader roleplayer alliances to formulate appropriate and pro-active responses to climate change.’

From the Foreword by Mosibudi Mangena
Former Minister of Science and Technology of South Africa

BOOK STRUCTURE: Contents

Part 1: Using this Book
Empowered to Respond

The different parts of the book have been colour-coded to allow easy navigation and multiple entry points, depending on the user’s interest.

A range of users will find the book useful. This book was specifically designed to empower the following groups of people:

Boards of Directors
Boards of Directors have to deal with public and stakeholder scrutiny regarding the company’s environmental impact, while they still make decisions based on market conditions to maximize shareholder value.

The whole book - from highlighting the relationship between the corporate response to climate change and reputational value, to the final checklist, can assist Boards of Directors to formulate appropriate and effective responses to climate change.

Strategic Planning
This book provides pointers on how to scrutinise current business practices and plan pro-actively for more sustainable business practices. As governments struggle to provide and plan, civil society and business are increasingly forming strategic partnerships to address transnational and global issues.

Monitoring and Evaluation
This book helps to demystify monitoring and evaluation which is central to the lives of businesses and which needs to be applied on various levels of the organisation.

Induction and Training
Since organisations increasingly have to accept responsibility for developing training programmes that deal with corporate responses to climate change, this book provides crucial information around climate change.

Shareholders and Stakeholders
As companies and their Boards of Directors are held more and more accountable for companies’ carbon footprint, shareholders often bear the brunt of stakeholder claims and campaigns. Internationally, stakeholders increasingly hold companies accountable for addressing climate change. Climate change justice is a triple bottom line issue.

Business Schools and Universities
Business schools and all business education curricula should take into consideration the reality of climate change – much more can thereby be done to prepare future business leaders to take informed and appropriate decisions that make good business sense and take climate change seriously.

PART II:  A CHANGE OF PARADIGM

A South African Print Media Perspective
The Business Day Climate Change Study

This Part sketches the corporate climate change scenario based on a selection of South African media and highlights not only the imperative for a corporate response to climate change, but also the fact that business faces a shift in paradigm.

In the Introduction, the climate change debate is defined in terms of its scope and its international context.

The short review of recent literature is focused on highlighting a selection of recent publications which provide different perspectives on climate change in relation to a range of different emphases – from very broad discussions of climate change in the context of the broader sustainability debates to a very detailed analysis of specific aspects of corporate responses to climate change.

The media plays in important role in the way the broader public understands and relates to the issue of climate change. More broadly, the issue of corporate climate change literacy is explored. We need to move away from the `armchair pontificators’ to positive change agents, and more towards the concept of `planetary citizenship’, which emphasises the interdependence and long-term effects of human and business practices .

Part II finally details an empirical study conducted on the web database of the newspaper Business Day. The findings indicate the most important climate change topics of discussion in specifically the corporate environment for the period 1997-2007.

PART III: CLIMATE CHANGE CHECKLIST

Part III provides a method of corporate climate change response benchmarking, reporting and accounting through the presentation of a corporate climate change response `checklist’ and a description of its use by various corporate stakeholders.

This is a fact-based approach to how corporations should engage with approaching a response to climate change.

Description of Domains
Climate Change Governance
Climate Change Management Strategy
Climate Change Risk Exposure
Climate Change: Opportunities
Climate Change: Carbon Performance Improvement
Climate Change: Stakeholder Engagement
Climate Change: Public Disclosure
Climate Change: Assurance
Climate Change: Corporate Operational Impact
Climate Change: Adaptation

The book’s inside back covers fold out to provide a handy overview of the ten domains and checklist items for each, while the front cover flap folds out to reveal a Climate Change Timeline; from before 1800 to 2007.