Climate change poses a serious threat to business operations. Vice President Stephanie Balaouras and Researcher Sal Schiano discuss how firms are preparing for climate uncertainty and why they must do so.
Rising sea levels, droughts, severe weather, threats to supply chains: Climate change is here, and businesses must contend with a future full of uncertainty. With 16 storms costing more than $1 billion in damages in 2017 alone, insurance companies are rethinking their risk models; banks are changing their lending strategies; and business continuity professionals are readying for significant legal, reputational, and physical risks.
In this podcast episode, Stephanie Balaouras and Sal Schiano discuss not only the risks of climate change but the opportunities stemming from increased demand for green tech and sustainable products — plus a look at how firms may be able to leverage their business continuity and risk teams to adapt.
Listen to all of Forrester’s What It Means podcast episodes at forr.com/what-it-means.