14 Nov '17, 11am

How climate resilient is your company?

Companies can have a "blind spot" when it comes to the impact of climate change. Climate risks frequently are seen as an issue too complex and too distant to quantify, rendering the perception that they are too indistinct and abstract to justify a given business decision. Predictions of rising sea levels or other physical impacts by 2050 or 2100 do not align to typical corporate operational and strategic planning timelines of 12 to 36 months. In other instances, companies respond to climate risks narrowly via corporate social responsibility goals in the area of sustainability reporting. Consequently, they have focused the management of climate risks to being compliant with regulatory or market standards. However, to consider climate risks simply in terms of mid- to long-term direct physical impacts or as a corporate social responsibility issue raises the risk of lost oppor...

Full article: https://www.greenbiz.com/article/how-climate-resilient-yo...

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