Using the EN-Roads Simulator to Explore Why Companies Should Prioritize Climate Policy

Amy Gobel of ARC

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On December 14, 2023, we spoke with Amy Gobel, Co-founder of the Alliance for Responsible Capitalism for a demonstration of the EN-Roads Simulation to explore “Why Companies Should Prioritize Climate Policy.”

Many executives and MBAs are committed to improving sustainability in their companies, but often find it difficult to move at the scale and speed they believe is needed because the company’s options are limited by the structure of incentives in the marketplace. Yet these companies also influence the policies that shape those incentives. This raises the question: what role should climate policy play in company’s emissions reduction strategies?

To explore the impact of various strategies, Amy conducts a demonstration using the EN-Roads global climate simulator developed by Climate Interactive, the MIT Sloan Sustainability Initiative, and Ventana Systems. This real-time, publicly available tool allows users to explore the impact that dozens of policies have on hundreds of factors like energy prices, temperature, air quality, and sea level rise.

In this short demonstration, Amy explores several questions facing corporate decision-makers: 
• Why is it important to consider the role of policy in achieving climate goals? 
• How do different emission reduction strategies compare? 
• What are the takeaways for specific companies?

The Corporate Political Responsibility Taskforce (CPRT) provides forums, foresight and frameworks to make it easier for companies to take a principled, responsible approach to their political influences – supporting executives, educators and advocates in advancing CPR as a critical management capacity.

Amy Gobel is the Co-founder of the Alliance for Responsible Capitalism. Amy and her co-founder, Russ Forthuber founded the Alliance with goal of bringing more education about climate policy into the business community and into business education in particular, to equipment future business leaders with the skills needed to develop principled, values-driven sustainability strategies including a thoughtful approach to policy engagement.

Keywords: #CorporatePoliticalResponsibility #CPR_Climate #CPR_PublicPolicy #CPR_Long-term Value #CPR_ESG #CPR_Systemic Risk #CPR_BizStrategy #CPR_Resiliency #CPR_Markets #CPR_Responsibility

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