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Hidden climate change related risks for the private sector

Author

Listed:
  • Annette Brunsmeier

    (Climate Service Center 2.0, Hamburg, Germany)

  • Markus Groth

    (Leuphana University of Lueneburg, Germany)

Abstract

Climate change related risks impact and challenge the private sector in many different ways. This also applies to risk drivers like a companies’ reputation and a changing consumer behavior. Since significant risk drivers for companies differ just as much as companies themselves, a sector specific guideline to evaluate possible climate change related risk drivers is indispensable. Further, a sector specific analysis on these risk drivers can foster cross sectoral cooperation, innovation and learning processes with regard to climate change related risks.

Suggested Citation

  • Annette Brunsmeier & Markus Groth, 2015. "Hidden climate change related risks for the private sector," Working Paper Series in Economics 333, University of Lüneburg, Institute of Economics.
    • Handle: RePEc:lue:wpaper:333
    as

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    References listed on IDEAS

    as
    1. Cai, Zhen & Aguilar, Francisco X., 2013. "Meta-analysis of consumer's willingness-to-pay premiums for certified wood products," Journal of Forest Economics, Elsevier, vol. 19(1), pages 15-31.
    2. Yu-Shan Chen, 2008. "The Driver of Green Innovation and Green Image – Green Core Competence," Journal of Business Ethics, Springer, vol. 81(3), pages 531-543, September.
    3. Rosa Dangelico & Devashish Pujari, 2010. "Mainstreaming Green Product Innovation: Why and How Companies Integrate Environmental Sustainability," Journal of Business Ethics, Springer, vol. 95(3), pages 471-486, September.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Markus Groth & Annette Brunsmeier, 2016. "A cross-sectoral analysis of climate change risk drivers based on companies’ responses to the CDP’s climate change information request," Working Paper Series in Economics 364, University of Lüneburg, Institute of Economics.

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    More about this item

    Keywords

    business sectors; CDP; climate change adaptation; climate change impacts; companies’ reputation; consumer behavior; industry studies; risk drivers.;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • L19 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Other
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • L70 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - General
    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q59 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Other

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