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  • All HBS Web  (1,996)
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  • 15 Mar 2017
  • Lessons from the Classroom

More Than 900 Examples of How Climate Change Affects Business

This word cloud is composed of blog posts by more than 900 students describing how individual organizations are likely to be affected by climate change. Image by Patrick Clapp Last fall, first-year MBA students at Harvard Business School received a new assignment in... View Details
Keywords: by Carmen Nobel; Green Technology
  • 14 Feb 2019
  • News

Plotting a Path Forward on Climate Change

HBS Professor Mike Toffel; Jeremy Grantham (MBA 1966), cofounder and Chief Investment Strategist of GMO, LLC; Gina McCarthy, Director of C-CHANGE (Center for Climate, Health and the Global Environment) at the Harvard T.H. Chan School of Public Health; and David Perry... View Details
  • March 2023 (Revised April 2024)
  • Case

Allianz Türkiye: Adapting to Climate Change

By: John D. Macomber and Fares Khrais
Allianz Turkey is a property casualty insurance company operating in a region experiencing increasing losses from natural catastrophe events related to climate change, for example hail, wildfire, and flooding. There are also substantial other natural catastrophe... View Details
Keywords: Insurance And Reinsurance; Natural Disasters; Turkey; Insurance; Climate Change; Analytics and Data Science; Insurance Industry; Financial Services Industry; Turkey
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Macomber, John D., and Fares Khrais. "Allianz Türkiye: Adapting to Climate Change." Harvard Business School Case 223-074, March 2023. (Revised April 2024.)
  • 12 May 2023
  • News

Students Strive to Solve Climate Change

  • 01 Dec 2013
  • News

Climate Change as Must-See TV

ABBASI: With the participation of HBS alumni and Hollywood heavyweights, bringing climate change drama into US living rooms. Related Link Preview: Years of Living Dangerously (video) by Garry Emmons Last... View Details
Keywords: videos; Management, Scientific, and Technical Consulting Services; Professional Services; Broadcasting (except Internet); Information; Arts, Entertainment

    How HBS Integrates Climate Change into their Curriculum

    How does Harvard Business School prepare students to make a difference in the world? Hear from HBS faculty members Vikram Gandhi, Rebecca Henderson, and Jim Matheson about how climate change is integrated into the curriculum at HBS. Learn how HBS prepares students to... View Details
    • 15 Sep 2023
    • Video

    Dean Srikant Datar on Business and Climate Change

    • 21 Sep 2022
    • Podcast

    McDonald’s’ Climate Change Efforts

    In this special episode produced jointly with the Degrees podcast, Jenny McColloch, McDonald’s Chief Sustainability Officer, shares the challenges of meeting decarbonization goals at one of the world’s largest food service companies. She talks about how their climate... View Details
    • January 2015 (Revised August 2015)
    • Background Note

    Climate Change: An Unfolding Story

    By: Joseph B. Lassiter III, Sid Misra and Stephanie Puzio
    In some parts of the world, the impacts of climate change will prove to be relatively manageable, particularly for the rich. In some parts of the world, these will not, particularly for the poor. The only certainty is that humanity's collective actions will force every... View Details
    Keywords: Global Warming; Carbon; Carbon Cycle; CO2; GHG; Greenhouse Gas; IPCC; International Panel On Climate Change; Climate Change
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    Lassiter, Joseph B., III, Sid Misra, and Stephanie Puzio. "Climate Change: An Unfolding Story." Harvard Business School Background Note 815-079, January 2015. (Revised August 2015.)
    • Article

    Managing Climate Change: Lessons from the U.S. Navy

    By: Forest Reinhardt and Michael W. Toffel
    The U.S. Navy operates on the front lines of climate change. It manages tens of billions of dollars in assets on every continent and on every ocean, which take many years to design and build and then have decades of useful life. This means that it needs to understand... View Details
    Keywords: Climate Change; Environment; Military; Disaster Relief; Refugees; Environmental Impact; Environmental Strategy; Sustainability; Energy; Energy Conservation; Energy Sources; Energy Generation; Globalization; Innovation and Invention; Leadership; Strategic Planning; Problems and Challenges; Risk and Uncertainty; Supply Chain; Operations; Logistics; Infrastructure; Strategy; Environmental Sustainability; Service Industry
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    Reinhardt, Forest, and Michael W. Toffel. "Managing Climate Change: Lessons from the U.S. Navy." Harvard Business Review 95, no. 4 (July–August 2017): 102–111.
    • February 2024
    • Case

    Can Cities Beat the Heat? (A): A Comparative Analysis of Climate Actions and Change Enablers in 14 U.S. Cities

    By: Rosabeth Moss Kanter and Jacob A. Small
    Throughout the early 2000's, emphasis was placed on initiatives to adapt to and mitigate climate action in cities. This series presents overviews (snapshots) of 14 U.S. metropolitan regions to help identify similarities, differences, and opportunities for developing... View Details
    Keywords: Climate; Climate Impact; Innovation; Mitigation Policies; Carbon Footprint; Investing; Climate Finance; Renewable; Mobility; City; Climate Change; Adaptation; Renewable Energy; Weather; Problems and Challenges; United States; Boston; Detroit; Miami; Minneapolis; St. Paul; Pittsburgh; Seattle; San Jose
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    Kanter, Rosabeth Moss, and Jacob A. Small. "Can Cities Beat the Heat? (A): A Comparative Analysis of Climate Actions and Change Enablers in 14 U.S. Cities." Harvard Business School Case 324-080, February 2024.
    • 28 Jan 2025
    • Video

    Why no company can fight climate change alone

    • October 2021
    • Article

    Shareholder Activism and Firms' Voluntary Disclosure of Climate Change Risks

    By: Caroline Flammer, Michael W. Toffel and Kala Viswanathan
    This paper examines whether—in the absence of mandated disclosure requirements—shareholder activism can elicit greater disclosure of firms’ exposure to climate change risks. We find that environmental shareholder activism increases the voluntary disclosure of climate... View Details
    Keywords: Transparency; Reporting; Shareholder Engagement; Shareholder Activism; Climate Change; Risk and Uncertainty; Environmental Management; Investment Activism; Corporate Disclosure; Communication Strategy; Information Publishing; Measurement and Metrics; Corporate Social Responsibility and Impact; Problems and Challenges; United States
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    Flammer, Caroline, Michael W. Toffel, and Kala Viswanathan. "Shareholder Activism and Firms' Voluntary Disclosure of Climate Change Risks." Strategic Management Journal 42, no. 10 (October 2021): 1850–1879. (Featured in Harvard Business Review.)
    • 24 Sep 2014
    • Op-Ed

    Tackling Climate Change Will Cost Less Than We Think

    studies suggest that failing to address climate change will result in even higher overall costs. For example, a study published in the Proceedings of the National Academy of Sciences estimates that damages... View Details
    Keywords: by Rebecca Henderson; Energy; Utilities
    • 20 Apr 2022
    • Podcast

    XPRIZE: Accelerating Climate Change Solutions

    Marcius Extavour, XPRIZE’s VP-Climate and Energy, discusses how his organization designs competitions to spur innovations for carbon removal and carbon utilization (converting greenhouse gasses into products). In discussing the Carbon XPRIZE and Carbon Removal XPRIZE... View Details
    • December 2020 (Revised September 2023)
    • Case

    PG&E and the First Climate Change Bankruptcy

    By: Stuart C. Gilson and Sarah L. Abbott
    In early 2020, the California-based utility PG&E filed a second amended plan of reorganization. PG&E had filed for Chapter 11 bankruptcy in the face of more than $30 billion of legal claims brought against it for its alleged role in causing California wildfires. The... View Details
    Keywords: Chapter 11; Utilities; Liabilities; Restructuring; Insolvency and Bankruptcy; Debt Securities; Legal Liability; Climate Change; Utilities Industry; United States
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    Gilson, Stuart C., and Sarah L. Abbott. "PG&E and the First Climate Change Bankruptcy." Harvard Business School Case 221-057, December 2020. (Revised September 2023.)
    • February 2016 (Revised October 2017)
    • Case

    Nuclear Energy: An Answer to Climate Change?

    By: Michael W. Toffel, Glen W. S. Dowell and James Weber
    Environmental activist groups have traditionally opposed nuclear energy. However, the growing environmental problems associated with global climate change require major changes to reduce the carbon intensity of electricity generation. Should environmental groups... View Details
    Keywords: Nuclear Energy; Nuclear Power; Climate Change; Safety; Activism; Nonprofit; Environment; Environmental Protection; Social Movements; Energy; Energy Generation; Environmental Sustainability; Non-Governmental Organizations; Non-Renewable Energy; Energy Industry; United States
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    Toffel, Michael W., Glen W. S. Dowell, and James Weber. "Nuclear Energy: An Answer to Climate Change?" Harvard Business School Case 616-052, February 2016. (Revised October 2017.)
    • 19 Feb 2020
    • News

    Capitol Ideas to Combat Climate Change

    opportunity to drive innovative environmental policy, Professor Michael W. Toffel told an audience of HBS and Harvard Kennedy School (HKS) alumni at the University Club of Washington DC, on February 12, 2020. “The traditional approach firms use to address... View Details
    Keywords: April White; photos by Jack Conroy
    • 15 Apr 2014
    • Research & Ideas

    Calderón: Economic Arguments Needed to Fight Climate Change

    What do Chinese coal plants and the American legislative branch have in common? They are both major adversaries in the fight against climate change, according to former President of Mexico Felipe Calderón. "The most serious problem is in the United States... View Details
    Keywords: by Carmen Nobel; Manufacturing
    • 03 Dec 2016
    • News

    Cashing In on Climate Change

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