COMPANY POLICIES TO ADAPT CLIMATE CHANGE PLAN: A CASE STUDY ON TURKEY

Abstract

Purpose - Climate change is the global problem that threatens the next generations, and results in serious environmental and socioeconomic issues. Countries have agreed to adopt a new climate agreement in 2015 at the Paris Conference. This chapter analyzes the corporate actions of how companies in Turkey will adapt themselves to COP21 needs, what does the agreement require to do in the Turkey's companies to do, and determines what objectives are needed of Turkey's Intended Nationally Determined Contribution. Design/methodology/approach - A comprehensive literature research is conducted in order to understand the effects of climate change on companies' course of actions. The qualitative study is to understand Turkey's companies' policies about climate change. Findings - Companies should have capacity to make the planet sustainable and create alternative solutions to social problems by mobilizing resources and making investments. In Turkey, companies have the responsibility to continue its sustainable development process. In many sectors, Turkey has additional policies and strategies about energy, industry, transport, buildings, agriculture, waste, and forestry. Research limitations/implications - This research is a theoretical study about companies' policies and strategies to comply with climate change in the case of Turkey. For further studies, researchers can make comparisons between companies' contributions. Practical implications - This study may be useful for the board of directors and managers since they should become aware of understanding of the climate change effects. Stakeholders are looking directly at companies how they manage these challenges to use resources. The problem is in the interests of everyone, but companies have major responsibility to do something else. Organizations can have sustainability efforts by understanding the threats and opportunities of climate change. Originality/value - This study is valuable and attractive to give comparison about practicing strong legal framework and clear rules, long-term approach, connection with sustainable development goals.