Arcus Sustainability Study

Regulation     Reputation     Consumers    Compliance     Government     Extent of action

 

Reputation Related Risks and Opportunities

Although most consumers do not currently consider climate change to be a front-burner issue,
companies expect it to become a mainstream consumer concern in the near future. In part, climate
change is expected to gain visibility among consumers in the coming years through the impacts of
media reports on severe weather, increased regulations, political debate, and an increase in
products marketed as climate-friendly.

As climate change gains awareness among consumers, companies expect to find themselves at a disadvantage if competitors manage to take the lead in promoting a positive image for their brand on the issue. Although reputation damage from climate change issues are considered difficult to quantify, companies in some sectors expect to lose market share if they are seen to be behind competitors in addressing climate risks.

A number of companies from a range of industries are already promoting themselves as  environmentally friendly and, specifically, climate change-friendly. Those successful at convincing consumers of their efforts to mitigate climate risk have a higher expectation of increases in market share at the expense of those companies seen as lagging in commitment.

Please contact us for a presentation of key findings to your organization.

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Needless to say, there are many firms that provide research and strategy consulting services, but few can deliver the value demonstrated in performing the scope of analysis, strategies, product evaluations and practical recommendations. Your commitment and ease of doing business with your firm insured that we had a sound basis to address our most challenging business decisions."

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CEO, Healthcare Insurance Reciprocal of Canada