Resilience in the Face of Global Warming
Organizations need resilience in the face of an increasingly broad and unpredictable risk landscape. This is especially true when it comes to energy and sustainability. Investors and customers alike recognize the effects of climate change and related weather events. And the pressure these and other groups are applying to drive change can no longer be ignored. One risk that is particularity salient for companies is global warming and resource scarcity, as environmental changes inevitably affect some facet of every business’s operations. What’s the risk? Global warming, extreme weather events, and resource scarcity trends are interconnected. They combine to amplify risks for future food, water and energy demands. Consider: Extreme weather caused by climate change impacts the seasonal availability of water and intensifies both flood cycles and droughts. This, in turn, reduces agricultural productivity and causes global food production to decrease by 2% for every decade of ...