How Multinational Corporations Contribute to Climate Change Adaptation

[Emma Singh]

Multinational corporations (MNCs) operate in different parts all around the world. This explains why they have an important role to play when it comes to dealing with climate change. Actually, how they choose to respond to climate change is always going to affect many populations. No wonder some of them find themselves in tension with the environment and local groups. The good news is that a high number of MNCs are already making effort to curb climate change. Here are two ways MNCs can contribute to climate change especially in developing countries.

 

Having a Resilient Workforce

As MNCs put in place measures aimed at addressing change in their operations and supply chains, they are certainly going to benefit low-wage workers. Most if not all of these measures makes the company more client resilient. Some of the most notable measures MNCs employ include offering anti-malaria medicine to those working in damp locations or educating farmers on how to use less water. By making it easy for workers to adapt to both current and future climate conditions, they will not only make their own supply chains resilient but also the communities.

 

Redesigning their Current Products

Even though most MNCs tend to focus on developing new goods and services, it is always better to redesign their current products. This is mostly the case when they want to make the products more climate-resilient. Products consuming a large amount of water, electricity or any other natural resource can be made more efficient. Things should not stop there since MNCs can go a notch higher by updating their services to include those in line with natural resource management and climate change adaptation. It is then that they are able to make the world a better place to live in.

 

The Bottom Line

Even though MNCs are fully aware that climate change impacts affect their inputs and output, many are already building a resilient workforce and redesigning their products. The good news is that policymakers can help them big time in this regard. To find out more regarding what MNCs are doing to curb climate change then you ought to examine as many as possible. Fortunately, you can find a List of MNCs in Singapore by visiting The Grid, one of the leading B2B platforms at the moment. It is then that you will understand what each one of them is doing.