business news in context, analysis with attitude

Fast Company has a piece by Steve Fechheimer, CEO of New Belgium Brewing, entitled "If you don’t have a climate plan, you don’t have a business plan."

His argument is that business leaders need to be crafting business plans specific to dealing with climate change, saying that "70% of Global Fortune 500 companies still don’t have a meaningful climate plan designed to achieve or be well on the way to net-zero emissions by 2030, when scientists say climate change could be irreversible.

"We call it a climate crisis, but it’s also a crisis for business," Fechheimer writes, saying that is "not a political talking point … As a CEO operating in a world already facing destabilizing climate impacts, it amazes me that so many companies haven’t planned for a future that is already here. Inaction presents a direct and perilous threat to the world’s most valuable companies and their shareholders—not to mention the rest of us."

You can read the piece here.

KC's View:

I wonder how many retailers and suppliers have specific plans for dealing with climate issues, and if the numbers are reflective of the broader national trend.

I would agree with Fechheimer's climate views under any circumstances, but especially since I have a problem with any scenario that might reduce the supply of Fat Tire beer.