The Kyoto Protocol/Convention could definitely have a positive impact on Canadian businesses. Canadian companies recognizing climate change and responsibly acting upon this issue can create a strong reputation and strengthen the company name, worldwide. Since Kyoto has become an increasingly popular subject amongst countries on a global basis, embracing the framework of the Kyoto Protocol/Convention may help strengthen the Canadian business’s national identity, provide the company with a global vision, and allow them to contribute to society as responsible corporate citizens, not only in Canada, but WORLDWIDE! 

Pursuing goals and operations as per the policies and practices required by the Kyoto Protocol can also provide Canadian businesses with a competitive advantage as climate change and environmental concerns are becoming an important issue. Not all businesses around the world follow the policies and procedures required by Kyoto or act in a manner which shows concern for recent environmental changes. On the flip side, there are Canadian businesses that act ethically and responsibly wherein they do realize the impacts environmental change and have modified business operations accordingly. Such businesses will most likely be acknowledged for promoting such corporate social responsibility and be rewarded for it through: a stronger reputation, longevity, international success, and ultimately, higher sales.

Esha

Copyright © Esha Abrol, Canada. 2006