As responding to climate change becomes more important for businesses around the world, many companies must develop a strategy to quantify their carbon emissions and footprint, set reduction targets, and assess the associated risk and opportunities. Bacardi’s current greenhouse gas (GHG) inventory was evaluated as a first step in developing the company’s climate change strategy. Even though Bacardi may not be directly affected by upcoming climate regulation, the company will be indirectly affected through its supply chain, client expectations, director liability, and brand issues.