Climate change is a global challenge that does not respect borders. Avoiding the worst effects of climate change will require a transformation of the global economy and affect supply chains and operations for practically every industry. Adapting to a new environment will also be a key factor, regardless of policies implemented in the next decade. Climate change presents a systemic risk to organizations, but also considerable opportunities in a changing economic environment. For businesses, understanding these risks and opportunities, and integrating them into business practices, will be a key factor going forward. As a background to these new opportunities, risks and challenges, we have classified key drivers into the needs of management, workforce and operations of organizations.
Current strategic directives may not lead your organization in accordance with the new expectations of managing climate change.
Sales and customer satisfaction are reduced if customer services are not adapted to the new requirements inflicted by climate change.
New expectations on communication and collaboration, internal and external, lead to gaps in; processes, responsibilities, knowledge, and technical solutions.
By reviewing and updating your strategic goals and governance to incorporate climate related strategy company-wide.
By performing efficiency assessments to identify improvement opportunities and risk mitigating activities.
By understanding your customers’ expectations on collaboration and service delivery, we can identify your current gaps and recommend tailored solutions.
Employees lack the know-how and knowledge needed to respond to risks & opportunities associated with climate change impact and regulation.
Insufficient tools to meet increased measurement and reporting requirements will lead to inefficiencies.
An increasingly climate-conscious workforce may start to look elsewhere, should their climate-ambitions not be matched by the employer.
By evaluating current know-how and provide tailored training on material climate-related methodologies.
By evaluating existing tools & processes related to climate change risk management and target setting.
By organizing workshops, host knowledge-sharing sessions & incorporate employee preferences in strategy development.
A lack of awareness and preparation for incoming climate-related regulation and its long-term implications, may prove costly for companies.
Addressing the risks and opportunities associated with climate change will require integration of the topic into risk mgmt, strategy, compliance & other areas.
Climate change related effects and regulation will impact supply chains, and failing to manage this potential risks within the supply chain can prove costly.
By providing support in identifying relevant (current and forthcoming) regulation, execute gap analyses and present implications for operations and strategy.
By supporting you in integrating climate change risks into mainstream risk management processes & support in preparing for reporting requirements.
By identifying material supply chain risks and integrate management systems to track performance.
