The carbon-constrained world is creating structural changes in the global economy. As a result, businesses must respond and adapt to the new low-carbon reality if they wish to remain competitive and prosper in coming years. Although the exact path to the low-carbon future remains unclear, companies can embrace five imperatives to guide them forward. These are: understanding the effects of carbon constraints and climate change; managing and mitigating the associated risks; minimizing their carbon footprint; protecting and maximizing margins; and realizing growth opportunities. Click here to read a paper on this subject.