A Study on Corporate Climate Change Reporting in Bangladesh

Abstract

Climate change is a pervasive global phenomenon that has far-reaching implications across various economic sectors, including the business industry. Bangladesh is a nation that exhibits a high degree of susceptibility to the consequences of climate change, thereby presenting noteworthy obstacles for the commercial sector. The paper examines the corporate reaction to climate change within the business sector of Bangladesh. This study provides a comprehensive review of the extant literature concerning the effects of climate change on businesses operating in Bangladesh. The findings indicate that the corporate sector in Bangladesh is exhibiting a growing cognizance of the ramifications of climate change and is implementing measures to mitigate the problem. However, the efforts are still insufficient, and more needs to be done to mitigate the impacts of climate change on businesses. The study recommends that businesses in Bangladesh need to take a more proactive approach to climate change by integrating sustainability into their operations and adopting green business practices. Additionally, government policies and regulations need to be put in place to incentivize businesses to adopt sustainable practices and reduce their carbon footprint. Overall, this study highlights the urgent need for businesses to address climate change and take proactive measures to build resilience against its impacts.