This paper reports and explores the existing gap in the field of the business industry, as reference to the integration of climate change and carbon management in taught MBA programs. Climate change influences every industry in today’s life and it is a challenge for companies’ leaders to deal with these changes. It is essential to create the baseline and the necessary background of knowledge to future leaders in order to improve the companies’ governance and the process of decision-making. The objective of this research was to examine two questions: how both the top MBA schools and the accredited MBAs incorporate the environmental issue of climate change into their taught programs and furthermore how this information is distributed in a worldwide scale. The source of my data is the analysis of the content of top 100 MBA programs’ web pages and the 100 accredited MBA programs worldwide. The final conclusions and results have also been based on the findings of clustering techniques which were used. The vast majority of the examined business schools have no reference to the issue of climate change despite its impact on a wide range of fields and its significance in today’s situation.