Climate change has a potential to widely affect our business activities. Business operations could be directly hit hard by natural disasters such as flood or poor harvest due to extreme weather events. Climate change overseas would disturb international supply chains or production sites, resulting in indirect impacts on the national economy.
"Business for adaptation" is an approach in which business communities consider climate change as an economic opportunity to enhance the market by developing and providing new products or services that could support people's adaptation actions to climate change.
There is increasing demand for corporate information disclosure on climate change by investors and other stakeholders and several international disclosure frameworks on it have been developed.
Among them, this section introduces two disclosure frameworks as CDP (former theCarbon Disclosure Project) and the task Force on Climate-related Financial Disclosures (TCFD).
The Sustainable Development Goals (SDGs) are international development goals adopted by the UN.
The private sector is expected to play a significant role in achieving the SDGs.
The SDGs are also introduced in this section.