Organisations that take advantage of the opportunities provided by climate change challenges to distinguish themselves from competitors, and that are willing to embrace mitigation and adaptation strategies, are set to prosper in the anticipated climate-changed economy, says custodian for corporate governance the Institute of Directors in Southern Africa (IoDSA).
The organisation asserts, in a position paper on climate change, that companies most likely to thrive will be those that are able to recognise the importance of climate change mitigation at an early stage and that are able to predict the impact that these changes will have on their industry.