The effect of climate change on the business: Modern aspects of sustainable development
The accelerating force of planetary upheaval has redefined the very logic of enterprise. No longer peripheral, climate volatility is now a structural variable embedded within capital, production and governance. This study dissects how ecological turbulence dismantles outdated business norms and catalyzes a strategic metamorphosis toward regenerative models. Using empirical patterns from Indian firms, the analysis uncovers a definitive split: entities embracing environmental foresight consistently demonstrate fiscal steadiness, resilience and stakeholder alignment, while those resisting adaptation incur compounding vulnerabilities. Climate responsiveness, therefore, is not merely risk aversion but a reconfiguration of growth within ecological thresholds a survival grammar for 21st-century commerce.
Authors
- Suman Devi
Publication Details
- Journal
- International Journal of Financial Management and Economics
- Published
- 2025-01-01
- DOI
- https://doi.org/10.33545/26179210.2025.v8.i1.617
- Primary Topic
- Economic and Business Development Strategies
- Type
- article
- Field-Weighted Citation Impact
- 0.00