Getting Ahead of Physical Risk

In September 2025, WBCSD and BCG, in collaboration with several WBCSD members launched our publication – Getting Ahead of Physical Risk, designed to engage CEOs on the critical importance of managing physical risk for business continuity. 

This work draws on insights from over 40 interviews with corporates, experts, and financial institutions, reflecting both today’s business realities and the emerging challenges of tomorrow related to physical risk in value chains. 

Later this month we will be releasing a CEO Handbook for Executive Engagement, created to support meaningful discussions between CEOs, C-Suite executives, Board and investors on managing physical risks across value chains. To be the first to receive this guidance, sign up here.  

Why it matters  

Extreme events and chronic environmental shifts are accelerating, causing immediate and systemic threats to operational continuity and financial performance of businesses across sectors and geographies.   

Despite these growing challenges, corporate risk management has largely focused on climate-related transition risks, while physical risks are often addressed with narrow scope on own assets and operations, missing the broader network effects and cascading impacts that can affect business continuity through and beyond their value chains. This limited visibility heightens operational, financial, legal, and reputational risks, and limits businesses’ competitive advantage. 

Join us and get started  

As we advance our work on physical risk and resilience, we invite companies and stakeholders to join us on this transformative journey. Together, we can accelerate action and investment to build resilient and competitive businesses.  

To find out more about WBCSD’s work on physical risk and resilience and/or to get involved, please contact cp-a@wbcsd.org.