Four Twenty Seven supports strategic planning with reliable climate risk intelligence to help you avoid costly losses and develop a responsible climate resilience strategy.
Corporations with complex operations and supply chains are increasingly vulnerable to climate change impacts that can halt operations, disrupt supplier networks and directly affect the communities in which they operate. Our 360o climate risk assessment blends climate science and economic modeling to identify hotspots and quantify impacts from water scarcity, extreme weather events, social instability and commodity price volatility. Our corporate adaptation experts support your team in developing an effective risk management response and an external engagement strategy to increase resilience.
- Identify hotspots: we detect which activities, products or facilities are most exposed to climate risk
- Prevent vulnerability: we analyze key drivers of risk across your value chain to inform your risk mitigation strategy
- Quantify value-at-risk: we model the financial costs of climate change by facility, product line or business unit
- Empower your team: we organize Climate Wargames to simulate decision-making under uncertainty
- Leverage your partnerships: we help develop industry best practices, and facilitate peer-to-peer support and learning
- Benchmark your company: we investigate key competitor initiatives to spur internal dialogue and build support for action
- Prioritize your resources: we calculate the ROI of adaptation projects and highlight co-benefits aligned with your company’s CSR programs
- Stay on target: we help you set goals and KPIs to monitor and communicate your company’s progress
- Communicate your leadership: we provide science-based support for external reporting and disclosure
Deep Dive in the Global Supply Chain
Fortune 500 Company – Consumer Goods
Our client, a company with a complex, global supply chain wanted to gain greater visibility into their deep supply chain to understand how climate change may impact their ability to procure key commodities over time.
Four Twenty Seven developed a customized enterprise-quality application to map and quantify our clients’ global supply chain risks due to climate change. We assessed the environmental impacts from the network of industries, countries, and commodities that make up the corporation’s supply chain and screened for a range of climate change impacts.
Our client drew upon the results to reassess their raw materials sourcing strategy and integrated key findings into their response to the DJSI and CDP questionnaires.
The application was developed in partnership with Climate Earth and leveraged indicators from the Notre-Dame Global Adaptation Index (ND GAIN). The application received the 2014 Climate Change Business Journal Award for Technology Merit: Climate Risk Management and Adaptation.
Opportunities in Climate Finance
Fortune 100 Company – Banking & Financial Services
Communicating the importance of climate change in the business environment is often a challenge. Our client, the Director of Sustainability in a Fortune 100 U.S. Bank, was well-aware of the fact that climate risk and adaptation could be a game changer for the financial services industry, and hired us to engage her colleagues, share concrete case studies, and highlight key questions around climate adaptation and banking practices in the 21st century.
Four Twenty Seven trained a cross-section of fifty managers and executives on climate change risk and opportunities. Our workshop highlighted recent developments in climate science and explored opportunities to finance city and corporate resilience projects through loans and new financial mechanisms like green bonds and PACE. We also discussed potential exposure through the company’s operations (local branches and ATMs) during extreme weather events, and risks to their lending and investment portfolio.
Assessing Climate Risk for Hospitals
Coalition of Healthcare Providers
A busy medical ward is the last place you want the lights to go out in the event of a hurricane, flood or extreme weather event. These are also the conditions that can drive surges of patients to emergency rooms for treatment at a rate that can quickly outpace the hospitals capacity to react. Climate change increases the frequency and magnitude of extreme weather events and conditions – from asthma to vector diseases — likely to increase demand for healthcare. However, most hospitals have yet to integrate local climate change projections into their risk management and planning processes.
Working with a coalition of healthcare networks and non-profit Healthcare Without Harm, we developed an award-winning user-friendly dashboard for hospitals to better understand how climate change effects their operations and the patient population that they serve. This innovative application enables participating healthcare networks to integrate climate risk analytics into their hazard and vulnerability assessments, strategic communications and long-range planning.
The Resilient Hospital Dashboard is an interactive platform that enables healthcare networks to identify hotspots, key drivers of risk, and the specific local impacts faced by each of their hospitals. By using climate, socio-economic, public health and facility specific data, our dashboards analytics help hospitals understand the impact of climate change on their community and patients.