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Involved In a climate change course along with a group of others under the Australian Conservation Foundation’s Climate Project led by Nobel Prize winner AH Gore. Swell believes that the lack of resources in a developing country increase strain on climate change, therefore presenting that climate change affects developing countries more than anyone else. Swell also believes that small business do not address the Issues of climate change because they are simply not aware of the effects (Grammar, C 2009).
Outline how climate change is likely to affect Nasals business operations in evolving countries. “Communities have to be ready for higher temperature, less rainfall, more frequent severe droughts and more extreme storms” (Climate Change, 2009). These changes will affect Missal’s business operations in developing countries because they will have little water supply, little ability to produce natural resources, lack of understanding for human health and Insufficient buildings, roads and power supplies (Climate Change, 2009).
These are all necessary components for Nasal In a developing country to help and make the area a more suitable place for living. These effects of climate change are further likely to impact on agriculture and biodiversity in the developing countries. Climate change is also likely affect Nasal as some of these elements will affect the everyday decisions made by their business. Furthermore Nasal has become Involved In how climate change affects children.
The EUNICE study found that climate change affects children In developing countries ability to survive. Their health begins to dullness and become prone to malaria, dengue fever, heat stress and acute respiratory infections due to the extreme either conditions. The water they are drinking is generally not sanitized or safe to consume resulting in water borne illnesses. The climate change effects ability to grow crops for food consumption preventing the children from absorbing the nutrients needed In their diet (EUNICE Pacific, 2010).
Evaluate the social issues likely to impact on a business operating in a developing country. “Corporate social responsibility is the entity’s obligation to society in general and to the environment” (Birth,J 2012). An individual’s socio-economic status impacts n a business in two ways. The first being the customers having little or more money to spend on what the business is promoting. In developing countries it is more likely because it would not gain the high amount of revenue desired.
Secondly the socio- economic status of employees affects the business because people with a low socio economic status would not be able to run or work in the business rather than those individuals with a higher socio-economic status. Religion and culture is another social factor that plays an important part of a business in a developing county. Religious and cultural beliefs or values influence an individual’s attitude towards work. If a religion believes in hard work, building and business then it is more likely that the religious people in the business will work hard to maintain a high working standard.
Finally Lifestyle may also affect a business in a developing country as the lifestyle of people living in certain areas determines how well their health and education may be. If an individual who has little education on how to run a business is involved in operating the business then it is likely to be unsuccessful. Suggest ways that accountants can play in addressing climate change in a business environment The first step that an accountant must understand is what the carbon emissions trading scheme is about, who is operating it and how to ensure that the results come through (Grammar, C 2009).