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After Copenhagen: Business and climate change is an Economist Intelligence Unit report that investigates the current corporate perspective on climate change and carbon reduction issues across a range of industries. The lead sponsors of the research are The Carbon Trust, Hitachi and IBM. 1E is a supporting sponsor of the programme.
This report builds on our 2009 report on climate change, Countdown to Copenhagen: Government, business and the battle against climate change, which outlined the carbon reduction journey that many firms have embarked upon. In this paper, we review the progress that business has made on this journey and examine the impact of the global economic recession on carbon reduction issues. We also consider three possible scenarios for the medium term, to assist corporate leaders in their planning on the issue of climate change.
The Economist Intelligence Unit bears sole responsibility for the content of this report. Our editorial team provided the political analysis, executed the survey, conducted the interviews and wrote the report. The findings and views expressed do not necessarily reflect the views of the sponsors. Our research drew on three main initiatives:
We conducted a wide-ranging survey of senior executives worldwide immediately after the closure of the December 2009 Copenhagen climate summit and into January 2010. In total, 542 executives took part, of which more than one-half (56%) were from the C-suite and 29% were CEOs. The executives polled represented a cross-section of industries and a range of company sizes.
To supplement the survey results, we also conducted in-depth interviews with 17 executives, including CEOs and heads of sustainability and/or climate change.
The Economist Intelligence Unit also conducted a scenario planning exercise, drawing on the combined expertise of numerous analysts and editors, representing our global economic forecasts, risk and commodities forecasts, as well as specific countries, such as China.
Dr Paul Kielstra was the author of the report. Chenoa Marquis and James Watson were the editors.