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Hurricanes: Bad for Business. LOHAS Conference: Good for Business!

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June 1 was the official start of hurricane season. It’s also the start of the “rainy season” here in Florida. Tropical Storm Andrea has already visited, dumping over 3 inches of rain in a couple of hours. We seem to be off to a fast start.

Causes for Concern 

According to the National Oceanic and Atmospheric Association (NOAA), 2013 is expected to be an "active or extremely active" hurricane season.

At the same time, the Earth just crossed the threshold to 400 parts per million of carbon dioxide (CO2) in the atmosphere. For those of you who don't follow climate issues, that's not good. According to the New York Times, that's the highest level in 3 million years. This level of CO2 warms the planet and provides the fuel for ever stronger hurricanes. It is no coincidence that 8 of the top 10 costliest hurricanes in U.S. history have occurred just since 2004.

For a wide-ranging view of the costs of climate change, read this study from the National Journal. It covers the many ways that climate change costs money right now.

As a Floridian, I have begun the usual preparations for hurricane season: stocking up on drinking water, non-perishable foods, batteries, First Aid kit, etc.

But as a small business person, I know that my green business is at risk from extreme weather. If the electricity goes out, so does my equipment – phones, laptop, printer. My connection to customers is lost, and my work for them is delayed.

That would make me an unreliable service provider – something I promise customers that I’ll never be.  My customers (bless them!) don’t care that the U.S. electric grid is fragile. They just want their stuff.

If the pond behind my house floods, then my home office may become a large puddle. It hasn’t happened in the 12 years we’ve been here – but it could. If I lose both power and my work location, a whole new set of costs and problems ensues. And I will lose time and money as I scramble to recover.

If the worst happens, e.g. Tampa gets hit squarely by a big hurricane, then there’s the possibility that my home and business get blown away. Which U.S. city is considered most overdue for a hurricane this year? According to NOAA, it’s Tampa. And yes, I do take that seriously.

Extreme weather means business disruption

Property damage, work delays, even death. We just saw a text book case of this with Hurricane Sandy last year. No business is immune. From the farmers who watch their drought-stricken crops wither in the field to the property insurers who have to pay out claim after claim (and sometimes don’t), no one benefits from extreme weather.

So why don’t businesses step forward and say – loudly and clearly - to their representatives, their customers and their suppliers: “Climate change is a big deal. We know it threatens our livelihoods as business people, and we know it’s a threat to you, our customers. Here’s what we plan to do about it, and here’s what you, our customers, can do to help.”

On the one hand, it’s a naïve question. On the other, it’s a simple, straight-forward one. Either way, it requires an answer.

I wonder at the continued folly of many big corporations around climate change. According to Ernest Moniz, formerly of MIT and newly-confirmed Secretary of the Energy Department: "We will need not only technology innovation and policy innovation to achieve a low-carbon future — but also business model innovation."

That’s a diplomatic way of saying, “The old “grow-at-all-costs, put-profits-first” model will be the death of us. We need a different approach.” The chances of that happening voluntarily – especially in the hide-bound energy sector - are slim.

And the energy industry is not alone. Professor Michael Toffel of Harvard Business School writes, "Corporate Sustainability is Not Sustainable." In short, he describes how the actions of even the best intentioned corporations to date are not up to the scale of the problem.

So, what to do?

One postitive step - go to the LOHAS conference next week!

And also:

  • Get educated about climate change and share what you know. You don't have to be a scientist to understand the basics of what is happening. One source of information I rely on is Climate Progress.
  • Lower your carbon foot print. LOHAS is a great source of information, but so are sites like Practically Green and Green America.
  • Vote with your dollars. Switch to greener products and services. Check out Vine.com - Amazon's market place for greener and more sustainable items. And explore the LOHAS Hub. Truly green businesses that transact with other green businesses move the economy in the direction it needs to go.

Is this a shameless plug for the LOHAS conference? Yes. (And no, Ted Ning didn’t put me up to this.) But attend, connect, and find at least one new way to support a more sustainable economy. That’s the value of the LOHAS conference: learn, do, and – oh yes! – enjoy!

 

Alison Lueders is the Founder and Principal oGreat Green Editing. She provides writing and editing services to green businesses and social enterprises that value high-quality content. She is a graduate of Harvard College and received her MBA from MIT. She earned her Bronze seal from Green America in April 2013 and Platinum-level recognition from the Green Business Bureau in 2012. 


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