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Summary Harvard - Climate Change

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This document presents a concise summary of a Harvard Business Review insight on climate change. It explores the article’s key points, including the economic, social, and environmental impacts of climate change, as well as strategies for businesses to mitigate risks and drive sustainable practices. The document highlights key takeaways that emphasize the urgency of addressing climate change and its relevance to long-term business success. It concludes with personal reflections on the insights gained and their implications for leadership and strategic decision-making.

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January 12, 2025
Number of pages
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Written in
2024/2025
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, READING NOTES
This serves as a personal reading notes where I summarize each section, highlight key takeaways, and
document my reflections, thoughts, and unconventional ideas. It is a space for exploration, personal
interpretation, and critical thinking. No offense intended for differing views.

Blue font: Summary ǀ Green font: Key Takeaways ǀ Red font: Personal Opinions




Introduction: Climate Action—The - Climate change presents immediate risks to businesses,
New Business Imperative including infrastructure damage, operational disruption,
and increased costs from extreme weather events.
- Incremental steps are inadequate; businesses need to
embed climate action into their strategies to ensure long-
term sustainability.
- Examples of leadership in climate action include Patagonia
and HSBC, which align their operations and investments
with sustainability goals.


- Climate change impacts are accelerating, affecting
economies and livelihoods globally.
- Businesses that take bold, systemic action now can
mitigate risks and find competitive advantages.
- Leadership in climate action is becoming a prerequisite for
business relevance and respect.


- From what I’ve seen, while urgent climate action is
absolutely necessary, businesses often face a tough
balancing act between maintaining short-term profitability
and investing in the significant costs of transformative
sustainability efforts.

Section 1: Understanding Climate
Change
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