This workshop examines the business case for addressing climate change issues. Strategic corporate responses to climate change and environmental challenges do not seem to be the primary domain of corporate management. Such decisions are often not seen as profit maximizing in the short run and are generally not consistent with executive incentives. Nevertheless, some climate change responses may indeed be firm value maximizing and so such decisions can be expected to reflect the nature of a firm’s corporate governance.In this workshop we examine the potential impact of climate change on firm value and examine how the quality of the firm’s governance can influence firm response. The course will be conducted using both the lecture and case methods and active student participation is both encouraged and required.