Newsletter: Inside the Black Box – How Companies Prepare for Climate Change

 

2015 Corporate Adaptation Survey launch
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Inside the Black box: How Companies Prepare for Climate Change 

2015 Corporate Climate Adaptation survey sheds light on barriers and enablers of corporate adaptation. 

Four Twenty Seven and the University of Notre Dame’s Global Adaptation Index (ND-GAIN), with support from BSR (Business for Social Responsibility) published today the 2015 Corporate Adaptation Survey to generate insights into whether and how enterprises are preparing for the physical impacts of climate change.

This inaugural report examines how corporations are addressing the need to adapt their business operations to changing climate conditions and aims to further the collective understanding of best practices, barriers and enablers, and strategies to prepare for climate change in the corporate world.

Download the full survey: 2015 Corporate Adaptation Survey

Key findings include:

  • Thirty percent of corporations say climate change has impacted business materially, Thirty percent of respondents also don’t have a climate adaptation plan or strategies in place.
  • More than seventy percent of surveyed companies say they’re at least “somewhat concerned” that climate change will have a material impact on their value chain, in particular their supply chain, distribution and customers and markets.
  • Two-thirds of the respondents expressed concern over increased operational and capital costs and reported they had already experienced cost increases or thought they were a likely outcome.
  • Water scarcity and political instability driven by climate change are cited as the top two anticipated risks across sectors. Water scarcity emerged as the climate hazard of greatest concern for corporations, with 16 percent citing it as a risk, followed by social and political instability driven by climate change, at slightly above 14 percent.

Read more on our website and download the full survey: 2015 Corporate Adaptation Survey.
We hope you find this survey useful and welcome feedback, additional insights, and suggestions to continue this effort towards more transparency and knowledge sharing about corporate climate adaptation. To discuss the Corporate Adaptation Survey, please contact Aleka Seville – 415.930.9090.

Blending economic modeling and climate science to deliver actionable intelligence.

Connect with us this week!

May 12-14, 2015 – National Adaptation Forum, St Louis, MO. 

Aleka Seville and Nik Steinberg from Four Twenty Seven will speak on panels on resilience indicators (5/12), climate risk in the supply chain (5/13), and lead a working group on public-private partnerships for climate adaptation (5/13).

May 13-14, 2015 – Ceres 2015 Conference in San Francisco, CA

June 24-26, 2015 – ACCO’s Climate Strategies Forum, Washington, DC.
Emilie Mazzacurati will teach an CCO Training Bootcamp on “Assessing Materiality and Disclosing Climate Risk”

Are YOU prepared?

Our award-winning climate risk assessment tool provides a fast and effective way to screen your operations and reduce vulnerability to climate change risk in your operations.
Get a CDP-ready report with key risk drivers and an estimate of potential financial impacts on your assets and supply chain.
Contact us for to discuss your needs – 415.930.9090.

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