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  • 01 May 2020
  • In Practice

COVID-19’s Hard Lessons Might Prepare Business for Climate Change

stressed. In the long run, I hope that companies will emerge from the crisis with a renewed appreciation for the importance of paying attention to the potential for catastrophic risks such as climate change,... View Details
Keywords: by Danielle Kost
  • 09 Nov 2022
  • In Practice

COP27: What Can Business Leaders Do to Fight Climate Change Now?

The US government’s newly passed Inflation Reduction Act will direct $370 billion toward advancing renewal energy and reducing greenhouse gas emissions—the country's largest investment in fighting climate change so far. As business and government leaders around the... View Details
Keywords: by Lynn Schenk and Danielle Kost
  • 21 May 2019
  • News

Confronting the Future of Climate Change in the Midwest

world on which they ultimately depend,” said HBS professor Forest Reinhardt (MBA 1987), who moderated a panel focused on the impact of climate change as part of two panels at the event titled “Confronting View Details
Keywords: Agriculture
  • 09 Nov 2022
  • News

From Droughts to Floods, Water Risk Is an Urgent Business Issue

  • November 2009
  • Article

Responding to Public and Private Politics: Corporate Disclosure of Climate Change Strategies

By: Erin Marie Reid and Michael W. Toffel
The challenges associated with climate change will require governments, citizens, and firms to work collaboratively to reduce greenhouse gas emissions, a task that requires information on companies' emissions levels, risks, and reduction opportunities. This paper... View Details
Keywords: Climate Change; Problems and Challenges; Pollutants; Risk and Uncertainty; Business and Shareholder Relations; Management Practices and Processes; Social Issues; Corporate Disclosure; Values and Beliefs; Governing Rules, Regulations, and Reforms; Government and Politics
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  • 26 Aug 2020
  • News

What the Climate Change Movement Can Learn from the Pandemic

users’ credit card purchases and then connects users with offsets they can buy to mitigate their footprint. Part of Pal’s motivation for building Joro was that she wanted a tool that would not only allow her to better measure the impact of her lifestyle on View Details
  • 2013
  • Working Paper

How Does Risk Management Influence Production Decisions? Evidence from a Field Experiment

By: Shawn Cole, Xavier Gine and James Vickery
Weather is a key source of income risk, particularly in emerging market economies. This paper uses a randomized controlled trial involving a sample of Indian farmers to study how an innovative rainfall insurance product affects production decisions. We find that... View Details
Keywords: Risk Management; Production; Weather; Insurance; Emerging Markets; Agribusiness; Insurance Industry; Agriculture and Agribusiness Industry; India
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  • 24 Sep 2014
  • Op-Ed

Stop Thinking of Climate Change as a Religious or Political Issue

our bets, or buying insurance, or educating ourselves about the risks so that we can make better-informed decisions in the future. We use these approaches because they work. And in dealing with climate... View Details
Keywords: by Forest Reinhardt; Energy; Utilities
  • 16 Oct 2013
  • Op-Ed

Response to Readers: Combating Climate Change with Nuclear Power and Fracking

With more than 7,500 views and 180-plus tweets, I want to thank everyone for taking the time to read the original HBS Working Knowledge piece, The Case for Combating Climate Change with Nuclear Power and Fracking, and, in particular, for... View Details
Keywords: by Joe Lassiter; Energy; Utilities
  • 23 Mar 2023
  • Research & Ideas

As Climate Fears Mount, More Investors Turn to 'ESG' Funds Despite Few Rules

Investor interest in social responsibility has skyrocketed in the past three years, even as US regulations to hold companies accountable remain in flux and the environmental, social, and governance (ESG) label itself draws backlash. Investors are willing to pay a... View Details
Keywords: by Rachel Layne; Financial Services
  • Web

Building Bridges to Sustainable Infrastructure with Allied Climate Partners - Recruiting

Insights & Advice 15 Jan 2025 Building Bridges to Sustainable Infrastructure with Allied Climate Partners Ousmane Sacko Author MBA Students tag All Industries All Locations Student & Alumni Stories Summer Internships The summer between my... View Details
  • July 2023 (Revised May 2024)
  • Case

Vytal: Packaging-as-a-Service

By: George Serafeim, Michael W. Toffel, Lena Duchene and Daniela Beyersdorfer
The Germany-based startup Vytal operated the largest digital-native reusable packaging-as-a-service network globally, having raised nearly €15 million, established a large network of restaurant partners, and prevented the use of millions of single-use take-out food... View Details
Keywords: Climate Risk; Digital; Platform Strategies; Data; Packaging; Sustainability; Start-up; Startup; Entrepreneur; Impact; Circular; Growth Strategy; Innovation; Environmental Sustainability; Innovation and Invention; Business Growth and Maturation; Growth and Development Strategy; Business Startups; Resource Allocation; Risk Management; Adoption; Strategy; Performance Productivity; Service Delivery; Service Operations; Supply Chain; Distribution; Entrepreneurship; Climate Change; Green Technology Industry; Service Industry; Retail Industry; Germany; Europe
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  • Web

Reweaving Ourselves and the World: New Perspectives on Climate Change - Course Catalog

HBS Course Catalog Reweaving Ourselves and the World: New Perspectives on Climate Change Course Number 1553 John and Natty McArthur University Professor Rebecca Henderson Spring; Q3Q4; 3.0 credits 12 sessions Paper The course is jointly... View Details
  • Web

Career Risks and Professional Growth: Finding a Fulfilling Career with Paige Arnof-Fenn (MBA 1991) - Recruiting

Insights & Advice 22 Jan 2025 Career Risks and Professional Growth: Finding a Fulfilling Career with Paige Arnof-Fenn (MBA 1991) Paige Arnof-Fenn Author Alumni tag All Industries All Locations Alumni Student & Alumni Stories When I... View Details
  • 12 Feb 2025
  • Blog Post

How Risk Can Be the Key to a Sustainable Future with Sophie Levin (MS/MBA: Engineering Sciences 2022

intersection of business and climate change? Warren Buffett once said that it’s wise to be “fearful when others are greedy, and greedy only when others are fearful.” Right now, it might seem like a risky time to enter View Details
  • 18 Jun 2024
  • Blog Post

Alumni Career Journey: Ben Schutzman (MBA 2016) - Driving Positive Impact on Community and Climate

The Business and Environment Initiative is constantly impressed by the dedication of our alumni in confronting the climate change challenge. In an effort to share the breadth of work being done, we are capturing career journeys of alumni... View Details
  • 11 Apr 2024
  • Blog Post

Climate Stories: Water Series - Episode #17: Leni Peterson Redondo (HBS MS/MBA 2023), Founder & CEO of Celeste

Cover image features Leni Peterson Redondo (HBS MS/MBA 2023), Founder & CEO, and Taryn Stamper (MBA 2023), High Touch Advisor, of Celeste. BEI is delighted to bring you this mini-series on HBS alumni tackling problems related to water and View Details
  • 16 Jan 2025
  • Blog Post

Alumni Career Journey: Sophie Levin (MS/MBA 2022) - How Risk Can Be the Key to a Sustainable Future

intersection of business and climate change? Warren Buffett once said that it’s wise to be “fearful when others are greedy, and greedy only when others are fearful.” Right now, it might seem like a risky time to enter View Details
  • April 3, 2016
  • Guest Column

The Power of C.E.O. Activism: How Politically Outspoken Executives Sway Public (and Consumer) Opinion

By: Aaron K. Chatterji and Michael W. Toffel
Some CEOs are making news by taking public stances on controversial social issues largely unrelated to their core business. This article summarizes the insights from our research paper that shows that such "CEO activism" can influence public opinion and consumer... View Details
Keywords: Leadership & Corporate Accountability; Non-market Strategy; Corporate Social Responsibility; Politics; Political Influence; Political Strategy; Political Risk; Equity; Gender; Climate Change; Communication Strategy; Law; Leadership; Brands and Branding; Media; Problems and Challenges; Civil Society or Community; Social Issues; Public Opinion; United States; Georgia (state, US); North Carolina; Indiana; Indianapolis
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  • January 2025
  • Supplement

Hippo: Weathering the Storm of the Home Insurance Crisis (B)

By: Lauren Cohen, Grace Headinger and Sophia Pan
Rick McCathron, CEO of Hippo, was optimistic about the InsurTech's path to profitability after navigating the financial uncertainties of 2022. By bundling their home insurance services with third-parties and established insurance incumbents, Hippo was adopting a... View Details
Keywords: Fintech; Underwriters; Big Data; Homeowners' Insurance; Catastrophe Risk; Global Warming; Environment; Business Economics; Vertical Specialization; Bundling; Economies Of Scale; Business Model; Forecasting and Prediction; Climate Change; Environmental Sustainability; Green Technology; Technological Innovation; Natural Environment; Natural Disasters; Weather; Business Strategy; Competitive Advantage; Business Earnings; Insurance; Social Issues; Insurance Industry; California; United States
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