Business climate resilience – thriving through the transformation

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18 September, 2019


WBCSD insights



María Mendiluce

  1. the human imperative that calls for adaptation for all people; 
  2. the environmental imperative to reverse the current degradation of the natural environment; and 
  3. the economic imperative, which shows a cost-benefit ratio of investing in resilience from between 2:1 and 10:1.
  1. Develop and maintain ambitious mitigation efforts. If a business makes progress in its mitigation efforts, it becomes less vulnerable to disruptive risks, such as policy and legal measures, resource scarcity or adverse market developments. 
  2. Adapt to ensure business continuity in the face of climate-related physical risks. Businesses must assess and evaluate climate-related physical risks throughout their operations, supply chains and across the communities in which they operate. 
  3. Assess the connections, dependencies and value to society and nature. The connections, dependencies and interrelationships between climate and society, climate and nature and climate and sustainable development will increase public pressure on the true purpose of business activities and the role of business in society.