Climate change can affect all aspects of your operation. It presents new and greater hazards, disrupts operations, can injure staff, makes financial decisions difficult, and provides new challenges and opportunities in your strategic direction. Organizations that prepare for climate resiliency can both weather the storm and prosper. We believe that there are four foundational elements necessary to achieve climate resiliency:
Governance
A robust corporate commitment to climate resiliency establishes the foundation for success. Successful organizations develop overarching climate resiliency frameworks, or policies, that set the criteria that define success for the organization. Climate resiliency can be a nebulous term. Successful organizations clearly define their objectives and metrics to measure the impact of their program. Establishing a corporate climate governance framework is a critical step in ultimately meeting your climate objectives.
Learn how we can work with you to develop your climate governance framework.
Assessment
Climate resiliency starts with understanding how the changing climate will affect your business. Understanding requires holistically evaluating all of your climate risks:
- Hazard
- Operational
- Financial
- Strategic
We can help you review your operations to assess your vulnerabilities and opportunities arising from the changing climate, drawing on the objectives and metrics established by your corporate climate governance framework.
Learn how we can work with you to assess your o
Action
Once you understand your climate exposures and opportunities, you will be positioned to identify pragmatic risk controls and treatments. Any response to climate risk should be consistent with your governance framework. Solutions that are consistent with your governance framework are more likely to be implemented and sustained over the longer term. You will be prepared to continue operations during climate events, or return to normal, far more quickly. Equally important, a resilient organization is better positioned to pursue strategic opportunities and thrive financially.
Learn how we can work with you to identify pragmatic treatments for your climate risks.
Culture
Successful climate resiliency becomes a regular part of the organization’s core business, a routine factor that staff considers in their daily activities. It becomes part of the corporate culture. Teams that create an organizational climate resiliency culture are far more likely to achieve climate objectives.
Balancing climate considerations within the mix of factors considered in day-to-day business decisions becomes habitual, observed at every level of the organization. Decisions span traditional corporate silos, yielding more cost-effective solutions. At this stage, the organization is truly facile in managing climate risk, and best positioned to capitalize on strategic opportunities. This level of corporate maturity is usually a long-term goal, but we can help you kick-start the process through staff training and communication planning.
Learn how we can work with you to promote a climate resiliency culture within your organization.