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Only 18% of CEOS Concerned About Climate Change

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RestoreGore Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 02:56 PM
Original message
Only 18% of CEOS Concerned About Climate Change
Edited on Sat Jan-27-07 02:58 PM by RestoreGore
TO AMERICAN CEOS: Either you get into the 21st Century and diversify your markets and see the urgency of the changes coming and those that are already here or you will be LEFT OUT IN THE COLD OVER GLOBAL WARMING and in the process you will be accomplices to its affects which in the longrun can wind up costing you more than working on strategies to change how you do business now.

And regarding this, I wholeheatedly support boycotting products of companies that refuse to become more environmentally aware because it appears that hitting them in their wallets is the only way to convince them that their customers will not tolerate their irresponsible behavior regarding the future sustainability of this planet.

OUR FUTURE IS AT STAKE. WHAT THE HELL ARE YOU THINKING?
~~~~
http://www.management-issues.com/2007/1/25/research/u.s-bosses-out-of-step-on-climate-change.asp

U.S bosses out of step on climate change

Fewer than a fifth of American chief executives are worried about the threat from climate change, something that puts them increasingly out of step with their colleagues in Europe and Asia Pacific. Scepticism among American chief executives about the threat from climate change is leaving them increasingly at odds with business leaders around the world, a new survey has suggested.

The report by consultancy PricewaterhouseCoopers has found that, led by President George Bush's robust position on the issue, fewer than a fifth – 18 per cent – of North American chief executives are concerned about climate change.

This compared with two out of five in Britain and nearly three out of five in Asia Pacific.While American CEOs may be happy in their glorious isolation on this issue, they are also increasingly worried that cultural differences are stopping them successfully carrying out mergers and acquisitions.

The PwC study found North American bosses anticipated encountering more obstacles to M&As than chief executives elsewhere, with more than half citing cultural issues as a significant obstacle. Worryingly, too, there appeared to be less appetite for cross-border M&As among U.S bosses.

Author: Nic Paton

More at the link above.
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HysteryDiagnosis Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 03:02 PM
Response to Original message
1. CEO's who run companies that build
Edited on Sat Jan-27-07 03:03 PM by 4MoronicYears
houseboats care the least of all.... I would just bet you.

ON EDIT: Add to that, CEO's of companies that produced chemo.
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RestoreGore Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 03:06 PM
Response to Reply #1
3. And I fear you would win that bet
Some are already devising ways to make a profit from the thawing Arctic.
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HysteryDiagnosis Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 05:25 PM
Response to Reply #3
9. Just one idea.....
snowcones.

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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 03:05 PM
Response to Original message
2. These corporate scumbags don't give a damn about ANYTHING.........
except the almighty dollar!! Many of their corporations are greatly contributing to the global warming problem, either directly or indirectly.
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RestoreGore Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 03:12 PM
Response to Reply #2
6. yes, and they then need their profit tap turned off
But of course, we won't see that in this country either anytime soon, since only 30% of Americans consider this an urgent problem, and the chickenshit Congress won't pass any sort of comprehensive bill on climate change because they whine that it will hurt the profit sheets of the companies that support their elections... while their CEOS get MILLIONS in golden parachutes and other perks. I personally find this to be shameful.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 03:13 PM
Response to Reply #6
7. Agreed!! IT is a NATIONAL DISGRACE.
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 03:07 PM
Response to Original message
4. Global warming?
I guess we'll need a bigger air conditioner.:sarcasm:
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GliderGuider Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 03:11 PM
Response to Original message
5. The time scales are out of sync
Salesgeeks and marketing weasels worry about the next quarter. CEOs typically worry about the next year or two. Climate change is still perceived as a long-term threat, with noticeable impact 20 or more years from now. If they were to worry about that in any way that reduced their profitability, they would be in breach of their fiduciary duty to their shareholders.

That begs the question, though. There are many things companies can do to address energy efficiency and CO2 emissions that actually improve the bottom line. What we're seeing right now is pure Business-as-usual inertia. I'm convinced that 2007 is the year when that is all going to change. As the pressure from consumers and other stakeholders grows, they will be unable to resist. The business landscape on this issue will be very different in a couple of years.

We are making a difference.
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RestoreGore Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 03:24 PM
Response to Reply #5
8. I hope you're right
Edited on Sat Jan-27-07 03:26 PM by RestoreGore
And the perception of climate change as a longterm threat is a perception that we must correct, because its affects are being felt across the world now, which is exactly what is prompting other CEOS in Europe and Asia to take more drastic steps now. I therefore cannot see American companies being able to sustain their denial on this for too much longer and am gratified to see that at least ten companies last week calling on Congress to get moving on this. And I agree that streamlining operations to make them more environmentally sound can actually wind up saving companies money in the longrun, and to me it is just common and moral business sense. As the American people also become more informed about this, hopefully those who are investors will also look to invest in cleaner energies and look to businesses to operate that way as well and consumers will become more conscientious as well. There is no downside in my view to becoming morally conscious in your business practices. It doesn't mean you have to cut back on productivity as you can actually bring more productivity in the form of savings from streamling operations and findings ways of cutting back on Co2 emissions. And 2007 will have to be year this happens on a much larger scale.
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Nay Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-27-07 06:08 PM
Response to Original message
10. Why would they care? They'll need binoculars to watch us peasants
drown, as they sit in their air-filtered hilltop mansions. There will be plenty of peasants fighting for the privilege of working 100-hour weeks for massa in order not to starve to death.
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