Climate Risks Are Financial Risks An alarming USD 1.14 trillion in corporate value, linked to the world's largest stock markets is exposed to severe socio-economic impacts from #climatechange by 2050. Data from the Climate Hazard and Vulnerability Index (CHVI) highlights a critical blind spot for many businesses: 📌 48 countries will be highly vulnerable to socio-economic climate impacts by mid-century, double today’s figure. 📌 Major emerging markets are expected to face significant climate-related disruptions. 📌 India alone accounts for over USD 1 trillion of the at-risk corporate assets, dramatically impacting global markets and supply chains. 🚨Companies must place dedicated climate leadership at the highest level to proactively identify risks, anticipate market disruptions, and strategically invest in long-term resilience. 🚨 Businesses should move beyond physical hazards to systematically report and manage socio-economic climate vulnerabilities. Transparent, detailed disclosures help stakeholders understand risks and encourage informed investments. 🚨 Corporates must prioritize investment in resilient infrastructure, diversified supply chains, and sustainable practices, particularly in vulnerable regions. This strategic foresight protects operational continuity and market valuation. The globalized nature of corporate operations means that climate vulnerability anywhere becomes a financial risk everywhere. 🌱 Is your company equipped with climate leadership at board level? Read more here 👇 https://lnkd.in/eFnsnjyY #ClimateRisk #ClimateLeadership #SustainableGovernance #ESG #BoardGovernance #InvestmentStrategy #Resilience #ClimateAction
Organizational Resilience Insights
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🌍 𝗖𝗘𝗢𝘀 𝗰𝗮𝗻 𝗻𝗼 𝗹𝗼𝗻𝗴𝗲𝗿 𝗮𝗳𝗳𝗼𝗿𝗱 𝘁𝗼 𝗶𝗴𝗻𝗼𝗿𝗲 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗰𝗵𝗮𝗻𝗴𝗲. The risks of a warming world and the transition to a low-carbon economy are no longer future threats—they’re here today. The question is, will your company adapt and thrive or fall behind? A great new report from the World Economic Forum and the Boston Consulting Group (BCG) explores the costs of climate change and the imperatives for leaders to succeed in a changing world. 📉 The cost of inaction is staggering: Businesses unprepared for climate impacts could lose up to 25% of EBITDA by 2050 due to physical risks. 💰 The opportunity is equally compelling: Companies that invest in adaptation and resilience now could see a return of up to $19 for every dollar spent (CDP data). 🔑 Four critical steps for climate risk readiness: 1️⃣ 𝗔𝘀𝘀𝗲𝘀𝘀 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗿𝗶𝘀𝗸𝘀 𝗮𝗰𝗿𝗼𝘀𝘀 𝘆𝗼𝘂𝗿 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝘃𝗮𝗹𝘂𝗲 𝗰𝗵𝗮𝗶𝗻. 2️⃣ 𝗜𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 𝗮𝗻𝗱 𝗱𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝘁𝗼 𝗳𝘂𝘁𝘂𝗿𝗲-𝗽𝗿𝗼𝗼𝗳 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀. 3️⃣ 𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝗴𝗿𝗲𝗲𝗻 𝗴𝗿𝗼𝘄𝘁𝗵 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗯𝘆 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗻𝗴 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝗮𝗻𝗱 𝗺𝗼𝗱𝗲𝗹𝘀. 4️⃣ 𝗖𝗼𝗺𝗺𝗶𝘁 𝘁𝗼 𝘁𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝘄𝗶𝘁𝗵 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝘁𝗼 𝘁𝗿𝗮𝗰𝗸 𝗽𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗮𝗻𝗱 𝗯𝘂𝗶𝗹𝗱 𝘁𝗿𝘂𝘀𝘁. For leaders who understand the stakes—and the opportunities—this is your chance to lead the way and ensure your business is on the right side of history. 💡 What steps is your company taking to manage climate risks and embrace green growth? I’d love to hear your insights. 📖 Explore the full report here: https://lnkd.in/de3Nn3n5 #climate #climaterisk #physicalrisk #ceo #sustainability
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6-Step Methodology for Climate Risk Assessment 🌎 Addressing climate-related risks is increasingly essential as extreme weather events, resource scarcity, and ecosystem disruptions become more frequent and severe. Effective Climate Risk Management (CRM) equips governments, organizations, and communities with the tools to anticipate, prepare for, and mitigate these impacts. A structured approach to climate risk assessment not only identifies vulnerabilities but also informs proactive measures that protect lives, livelihoods, and essential infrastructure. The GP L&D’s 6-step methodology offers a practical, systematic framework for understanding and addressing climate risks, integrating these insights into public policies and investment decisions to build resilience and promote sustainable development. The first step in this methodology is to analyze the current status to determine information needs and set specific objectives. Establishing a clear baseline of vulnerabilities helps ensure that the entire process remains aligned with the climate resilience goals set out from the start. From here, a hotspot and capacity analysis is conducted, identifying regions and systems most exposed to climate risks—such as droughts or floods—and evaluating the local capacity to respond. This targeted analysis allows for efficient resource allocation by pinpointing areas of highest priority. The methodology then adapts to local contexts by developing a tailored approach that reflects unique socio-economic and environmental factors. This customization enhances the relevance and accuracy of the risk assessment, making it more actionable and specific to each setting. Following this, a comprehensive risk assessment is conducted, using both qualitative and quantitative measures to capture the full range of potential impacts. This dual assessment provides a complete understanding of direct impacts, such as infrastructure damage, and indirect consequences, like disruptions to livelihoods. An evaluation of risk tolerance follows, defining acceptable levels of risk and helping prioritize the most urgent interventions. This clarity on risk thresholds ensures that resources are directed to where they are most needed. Finally, the methodology identifies feasible, cost-effective measures to mitigate, adapt to, or prevent potential losses and damages. This step aligns recommended actions with budget and policy constraints, ensuring that interventions are practical and impactful. By adopting this structured approach, decision-makers can better manage climate risks, develop adaptive strategies, and enhance resilience tailored to local needs and resources. Source: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) #sustainability #sustainable #business #esg #climatechange #climateaction
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Sustainability officers are an increasingly endangered species. Last week, I spoke with a group of sustainability officers navigating a corporate landscape where terms like CSR, ESG, and climate change have become dirty words, or at least politically charged. Many companies are pulling back from public commitments on sustainability—not necessarily because the urgency has diminished, but because the risk of backlash has grown. In this environment, nature and biodiversity are emerging as safer entry points for corporate sustainability efforts. While climate change is often framed as a divisive issue, nature remains more broadly accepted across political & ideological lines. 👉 Why nature can be a less controversial framing Many companies are using nature as a strategic way to maintain environmental commitments while avoiding political entanglements. Here’s why: 🌳 Universality & positive connotations – Nature is widely seen as something to be cherished, regardless of political views. Protecting forests, oceans, and wildlife can carry fewer ideological conflicts than decarbonization mandates or carbon pricing. 🤝 Reduced partisanship – Climate discussions frequently spark debates over regulations, economic costs, and industry impact. In contrast, nature-based initiatives—such as habitat restoration, conservation, and biodiversity projects—are less likely to be viewed as partisan issues. 🌱 Tangible local impact – Nature-focused projects have visible, immediate benefits: cleaner air & water, restored landscapes, and healthier ecosystems. These local, concrete outcomes resonate more than global climate targets, which can feel abstract or distant. ⛈️ Strategic communication – By framing sustainability efforts around nature, companies can continue advancing environmental goals—like emissions reduction—without explicitly linking them to politically charged climate policies. 👉 The resilience narrative: An even broader framework For some companies, even protecting nature is seen as too controversial. That’s where another concept is gaining traction: resilience. One sustainability officer shared how their company avoids even the word "nature" in favor of resilience-focused language: ✅ Resilient supply chains that withstand environmental & geopolitical disruptions ✅ Resilient infrastructure that adapts to extreme weather & resource scarcity ✅ Resilient business models that reduce risk & increase long-term stability By focusing on resilience, companies can integrate sustainability into their strategy without triggering resistance—not as an ideological stance, but as a smart business decision. As the political landscape shifts, sustainability officers are finding new ways to keep moving forward. Whether through nature-based solutions or resilience framing, the goal remains the same: building a future where businesses & ecosystems can thrive together. If you're in this space, how are you navigating the current climate? 📷 Olympic Peninsula by me.
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As #ClimateWeekNYC wraps up, one theme stood out to me: sustainability is no longer a “nice to have”—it’s critical to business performance and resilience. In conversations with clients and colleagues, three priorities came through loud and clear: 🌍 Making sustainability core to strategy to drive long-term competitiveness. ⚡ Reimagining energy strategy—not just to manage costs, but to power growth. 🤝 Building trust through reliable data, strong governance and transparent reporting—it’s how we build credibility and unlock capital. These aren’t future goals—they’re today’s business imperatives. At PwC, we’re helping leaders turn ambition into action—helping organizations transform today and build tomorrow with confidence. Learn more about how sustainability can drive business value: https://lnkd.in/euVXREhe #PwCSustainability #ClimateWeek2025 J.C. Lapierre, Ron Kinghorn, Bobby Marandi and Kevin O'Connell
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Last week, I presented my doctoral research on how pastoralist communities in northern Kenya anticipate climate shocks and what their experience teaches us about building more adaptive, inclusive, and forward-looking systems of response. Too often, pastoralism is described as vulnerable or outdated. In reality, it is one of Africa’s most knowledge-rich and adaptive systems, supporting millions of livelihoods, sustaining regional trade, and contributing up to 80 percent of agricultural GDP in some countries. Beyond its economic role, pastoralism regenerates ecosystems, maintains wildlife corridors, and conserves biodiversity across vast drylands. What I found in my fieldwork is that anticipation is not an abstract concept; it is a daily practice. Pastoralists interpret signs in the stars, clouds, intestines, and animal behaviour. They read the texture of the wind and the flowering of trees. Increasingly, they complement these Indigenous indicators with radio updates and mobile-based forecasts. The result is a plural and locally led early warning system that is fluid, situational, and deeply attuned to uncertainty. The lesson for anticipatory action is clear: Systems must be flexible, open-ended, and grounded in how people already anticipate and act. Rigid, trigger-based frameworks cannot capture the nuance of lived adaptation in dynamic environments like the Horn of Africa. Building anticipatory systems that listen to local logics is not just about inclusion; it is about effectiveness. True resilience grows from the ability to navigate uncertainty, not to eliminate it.
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On this women history Month I want to celebrate the women in cybersecurity. Not just for our wins, but for our resilience. We make up just 24% of the cybersecurity workforce. And too often women in the field - Are questioned on our technical skills (despite the credentials & even when being the experts in the room). - Overlooked for critical, high-visibility projects. - Hit a wall of limited growth opportunities & lack of respect …. which pushes so many talented women out of this field. A 2023 WiCyS study showed that nearly 36% of women who consider leaving cybersecurity point to limited professional development & nearly 30% cite lack of respect. And worse, many end up questioning their confidence & own talent. I don’t speak of anything that I haven’t felt, witnessed or heard from mentees or other women in cybersecurity voice. So here i am to remind 👉🏽 Women - Stop shrinking. Raise your hand for the hard, visible projects. - Find your tribe. Surround yourself with women who will remind you of your power. - Don’t wait to feel ‘ready’. Apply. Speak. Lead. You grow in the doing. 👏🏽 👉🏽 Allies - Give credit where it’s due in the moment. - Back women up when they’re interrupted, overlooked, or questioned. - Invite them into the big projects, crucial convos & leadership discussions. 👉🏽 Employers - Visibility matters. Place women on high-impact, strategic projects. - Provide clear career paths, growth & mentorship opportunities. - Listen. Invest. Promote. Retain. Women belong in this field not surviving but leading. Let’s be honest any buisness with diverse cybersecurity voices only thrives. P.s. Women in cyber, what’s helped you stay engaged? Allies & leaders, what’s one intentional thing you do to support the women on your team? #cybersecurity #womenincybersecurity #WHM #womenincyber #womenintech #womenhistorymonth
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Small acts. Big shifts. That’s how climate resilience is quietly being built in cities around the world. From Detroit to Havana, Bangkok to Barcelona, communities are leading climate adaptation. Not through billion-dollar plans, but through everyday action: ~ Planting gardens that double as cooling hubs. ~ Turning vacant lots into urban farms. ~ Harvesting rainwater to ease floods. ~ Reclaiming roads as public spaces. When we picture “climate resilience,” we often imagine high-tech smart cities or giant seawalls. But the future of our cities might just depend on small, local acts that don’t make headlines. In my new article, featuring the ideology of All Bits Count, for The City Fix (by World Resources Institute), I spotlight how everyday people—farmers, youth groups, neighbours—are quietly rewriting the climate playbook. These aren’t feel-good side stories. They’re proven, scalable solutions that save lives and money. ⤷ Every $1 spent on resilience saves $13 in avoided losses. 🖊️ Special thanks to Taylor Symes, Schuyler Null (WRI Ross Center for Sustainable Cities) and Laurie Mazur (Island Press) for editorial guidance. 🔗 Read the full article: Small acts building urban climate resilience: https://lnkd.in/griVdhc3 ♻️ Share it. Debate it. Start small. #Publications #UrbanPlanning #ClimateResilience #Sustainability
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#Climatechange presents both risks and opportunities for businesses. For decision makers, knowing where and how to start is the first step. This brand new guide, written by Deloitte in collaboration with the World Economic Forum, explores the role that Chairs, Non-Executive Directors and Boards must play to guide their organisations toward #sustainable practices. It’s a comprehensive framework designed to help business leaders to navigate the complexities of climate change response, and emphasises the importance of integrating climate considerations into Board discussions, setting clear targets and ensuring accountability. The guide is full of useful insights, case studies and considered guidance that’s applicable for all organisations – a must read for Chairs and NEDs! #decarbonisation #boards #climatetransition #Deloitte #WEF Rebekah Cheney John O'Brien Tom Imbesi Junko Watanabe Dennis Chow
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🌍 The Insurance Sector Steps Up for Climate Resilience! Ahead of #COP28, the Insurance Development Forum (IDF), The World Bank and United Nations-backed partnership of insurers and international bodies have set an ambitious goal of raising a fund of hundreds of millions of dollars to assist developing nations dealing with the effects of climate change. Here are some highlights: 1️⃣ The IDF is not a new organisation; it was established in 2015 during the Paris Climate Summit. Its distinguished membership includes insurers, reinsurers, brokers, and regulators. 2️⃣ Ekhosuehi Iyahen, IDF secretary-general, emphasized the need to support countries that are already experiencing the harsh impacts of climate change. The objective is to fund “resilient and sustainable infrastructure in emerging and developing economies” 3️⃣ Michel Liès, chair of the IDF’s steering committee and of Zurich Insurance Group, offers a timely reminder: it's far more efficient to invest in preventive measures before a disaster, rather than waiting for the catastrophe to happen. 4️⃣ An essential point Liès touches upon is the unique role of the #insurance sector in climate discussions. They bring a much-needed perspective of "neutrality and objectivity" with their expertise in risk modelling and pricing. As global discussions continue about financing adaptation to escalating weather catastrophes, the insurance sector's proactive role underscores the importance of collaboration across industries and nations. Climate change affects everyone, and solutions demand collective effort. Read the full article here: https://lnkd.in/di_qJ88v #sustainability #esg #climatechange #climateaction #finance #adaptation #resilience