Arnd Huchzermeier, Eva Kohl, and Stefan Spinler
WHU—Otto Beisheim School of Management
According to Al Gore, global warming represents an inconvenient truth mostly to businesses and policy makers, and failure to respond to this matter however is deeply unethical (Gore 2006). In 2013, for the first time, the concentration of CO2 in the atmosphere exceeded 400 ppm (Gillis 2013) and keeps rising today. The consequences of climate change can already be felt as witnessed in the recent devastating typhoon hitting the Philippines (Whaley 2013), which was triggered by unusually high temperatures. Nonetheless, the latest UN climate conference that took place right afterward in Warsaw (Poland) ...