1. Provide brief answers for the following a. Describe the ‘No Regret’ strategy in responding to climate change. b. In the corporate case or sector you have chosen for the assignment are there any ‘

TUTORIAL 4 : CLIMATE CHANGE ECONOMICS AND POLICY ECO3CCE Page 1 Read: The lecture slides and required readings in Module 3 Week 12. Think : This week the topic we explore relates to effective business strategies to address the climate change challenge including the ‘No Regrets’ strategy. An effective response requires understanding the carbon exposure of the firm, various business and operational risks (including reputational risks) as well a s opportunities provided by the physical impacts and the policy environment. The factors that influence corporate positio ns on climate change: external, industry and company -specific factors (see e.g. Table 5.1 of Pinkse & Kolk , 2009 ). Reflect on how these factors influence various corporate positions on climate change. Respond: Submit the tutorial to the LMS dropbox by the due date . In your answers use credible published sources (references) to support your arguments (excluded from the word count). 1. Provide b rief answers for the following a. Describe the ‘No Regret’ strategy in responding to climate change. b. In the corporate case or sector you have chosen for the assignment are there any ‘No regrets’ strategies available? 2. Assume the Head of Business Solutions at your company ( choose the corporate case either a sector or business as per your assignment ) has ask ed you to briefly : a. Identify and rank two risks to the sector or company from climate change. b. Identify one opportunity that climate change policy presents the sector or company with? c. Identify the best strategic choice available to the sector or company? 3. Wh at are the changes that individuals can make in their daily lives to help deal with climate change ? State one specific action through which you would like to personally endeavor to make a positive contribution to the effort on climate change. Re flect : You can choose just ONE of the following two tasks : a. Write two good question s about any issues covered in this tutorial problem set. b. For the cartoon below, c ome up with interesting text relate d to climate change.