2Sustain

The newly updated Climate Counts scorecard, released earlier this month, reveals that over the past year businesses have made some improvements with regard to sustainability issues. However, huge differences remain between sectors, and it appears that, in general terms, industry as a whole is failing to meet the climate challenge. Taken altogether, Climate Counts Executive Director Wood Turner describes the results as “disappointing.”

Here are a few of the details: (more…)

Companies today are facing a changing risk landscape as political and regulatory environments begin to address the many challenges associated with resource scarcity and global climate change.

In fact, in a new survey from Zurich Financial Services Group, Ceres and the Professional Risk Managers International Association (PRMIA), thirty percent of the corporate risk managers polled said climate change regulation was one of the top five risks facing their company.

But, what are organizations doing to mitigate their exposure?

“It’s clear that risk managers are conscious of risks posed to ‘business as usual’ by climate change,” says Lindene Patton, chief climate product officer for Zurich Financial Services Group.  “Now it is time to convert that knowledge to risk management action.”

The report recommends risk managers take the following steps to learn more about what these evolving risks mean for their business: (more…)

Regular readers here  know that I use this forum to emphasize not only the risks, but also the opportunities, presented to businesses by climate change. With that in mind, I’m pleased to direct your attention to a new report titled, “Climate Disclosure Project 2008, FTSE 350, Building business resilience to inevitable climate change.”

This document, which was prepared by Acclimatise and sponsored by IBM, explores the climate change challenges facing businesses today and includes examples of best practices for coping with climate risks.

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