THE RISK OF IGNORING CLIMATE CHANGE AS A BUSINESS
Businesses are facing a hard time on sustainability, looking for solutions to help them through the coronavirus (COVID-19) pandemic,
Arising programs involved in large-scale asset purchases, like central banks buying financial instruments such as corporate and government bonds.
This may help to create liquidity in the financial markets and help to stimulate economic activity.
At a point like this especially small and medium enterprises (SMEs), the need for liquidity is paramount for the survival of an organization.
We are all presently differentiating essentials to non-essentials, identifying which of the industries will survive the pandemic. But this is not the case,
if an organization is to keep on hold operations because the organization is non-essential, it may lead to non-relevancy in the society, and those in the same industry who were stable and continued being relevant will have taken a larger sum of the market prior to the pandemic conclusion.
Regardless of the industry you are in, there is a rise for organizations to take into consideration climate changes and how it will affect their organizational operations and revenue.
SMEs will be looking at loans provided by the government or banks due to the covid19 pandemic in order to help small businesses survive through the pandemic. This may require small businesses to be eligible before a loan can be issued.
Sustainable managers should take into consideration how these climate changes will affect their organizational operations and devise a plan to create more tools to incorporate climate considerations into their asset purchases.
Take into consideration climate changes before making financial decisions today!!!.