Concerns over climate change, increased interest in environmentally sensitive products and services, and high oil prices are creating opportunities for longterm investors. Environmental concerns are no longer seen merely as sources of risk that create an unnecessary legislative and cost burden for companies and their investors. They are now a catalyst for new technologies, new products and new services, and a driver for changing consumer preferences. Today’s business practices are shifting to adapt to changing consumer preferences and national and international standards, and to establish a competitive edge in new and innovative markets. Tomorrow’s business environment may be defined by efforts on the part of sectors and individual companies to recognize and capitalize on these evolving issues.