Facing the elements, Building Business Resilience in a Changing Climate

Facing the elements, Building Business Resilience in a Changing Climate
 
Taking climate change into account in risk management. A challenge for which companies must prepare and adapt for over the long term, according to the NRTEE (National Round Table on the Environment and the Economy). Focus on its last publication
 
Torrential rains, floods and other natural catastrophes are phenomena to which Canadian companies are, or will be one day, faced with. Their consequences include supply chain disruptions, production losses, increases in insurance premiums…    All elements which could undermine proper operation and market positioning, affecting companies’ productivity and profitability.
 
How are climate changes to be adapted to in order to stay competitive? This is the question addressed by the last business report of the series Facing the Elements published by the NRT: Facing the elements, Building Business Resilience in a Changing Climate
 
Guide to economic success in a situation of changing climate
 
The report offers business leaders and executives solutions, advice and practical tools to address this major challenge.
Divided into ten chapters, it first sets out the risks to which companies are exposed in such a context, but also the business opportunities arising by sector of activity (oil, gas, mining, agricultural industries, retail and distribution, public services, technology, media and communication, financial services).
Concrete actions are then proposed in terms of raising awareness, assessment of risk and opportunity management and building business resilience to climate change.
Finally, the guide provides a toolkit for go further in implementation of strategies. The toolkit provides a list of key resources: data on climate change, advice, tools and standards, institutional networks and financial incentives.
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