WORLDWIDE CLUB DAY -- Discussion and Networking - "Climate Change as an Issue of Business Strategy"
Mingle with fellow alumni and enjoy Erb Institute Professor Andy Hoffman's discussion on developing a competitive climate change strategy.
Thursday, October 29,2009 6:30 pm Click here toregister! Event Location Hampshire House (upstairs above “Cheers”bar)
84 Beacon Street
Boston, MA 02108
617-854-7622
http://www.hampshirehouse.com EventAgenda 6:30 PM Cocktails and Hors d’oeuvres 7:15 PM Welcome Remarks, Ross Video, Introduction 7:30 PM Faculty Speaker - Professor AndyHoffman
"Corporate Strategy and Climate Change"
Q&A 8:30 PM Reception RSVP Required: Ross Alumni: $10 per person. Guests(non-alumni): $20 per person. Current Ross students and prospectiveapplicants: $0 per person. As always, friends and colleagues arewelcome! Registration price includes hors d’oeuvresand a open bar. Click here toregister! Please note: This Ross School of Business alumni event may bephotographed and/or videotaped. Photographs or video images from thisevent may appear on the Ross School Web site, in Dividend Magazine, or in RossSchool or club promotional materials. If you do not want your image used forthese purposes, please contact Co-Presidents Jim Hanley (jphanley@hotmail.com) or Grace Tsuei (gptsuei@gmail.com) or Ross SchoolAlumni Relations at alumni@umich.edu / 734-763-5775. AboutProfessor Hoffman and the Discussion ClimateChange as an Issue of Business Strategy
Within business, climate change shouldnot be seen as an environmental issue; instead it should be viewed as a marketshift, one that takes the form of both systemic risks that cut across theentire economy and regulatory, legal, strategic, and reputational risks thatimpact the sector, industry, and company-specific levels. In fact, one canremain completely agnostic about the science of climate change and stillrecognize its importance as a business issue. Regulations are being developedthat alter the price of carbon and will affect energy pricing and availabilitywhich will create a ripple effect throughout entire value chains. This willalter key aspects of business strategy, including production economics, costcompetitiveness, investment decisions, and the value of different kinds ofassets. Further stimulating this shift is interest among investors, shareholders,insurers (and reinsurers), consumers and others.
Andrew J. Hoffman is the Holcim (US) Professor of Sustainable Enterprise at theUniversity of Michigan; with joint appointments at the Ross School of Businessand the School of Natural Resources & Environment. He is also AssociateDirector of the Erb Institute for GlobalSustainable Enterprise. Professor Hoffman is a leader in usingorganizational, network and strategic analyses to assess the implications ofenvironmental issues for business. He has published 7 books and over 80articles/book chapters. He holds a Ph.D. from the Massachusetts Institute ofTechnology, awarded jointly by the Sloan School of Management and theDepartment of Civil & Environmental Engineering. His current research focuseson corporate strategies to address climate change, the interconnections betweenfor-profit and non-profit entities and the network structure of theenvironmental movement.
Dr. Hoffman has written, spoken, andtaught extensively on the topic of corporate strategies to address climatechange. His recent books on the topic include: Memo to the CEO:Climate Change, What’s Your Business Strategy? (with John Woody, Cambridge, MA: Harvard BusinessPress, 2008). Carbon Strategies:How Leading Companies are Reducing their Climate Change Footprint (Ann Arbor, MI: University of Michigan Press, 2007). Getting Ahead of theCurve: Corporate Strategies That Address Climate Change (The Pew Center on Global Climate Change, 2006) (withcontributing authors Douglas Glancy, Michael Horn, Scott Pryor, Mark Shahinian,and Gregory Shopoff).
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