Is your business climate resilient?

Resilience offers you a simple business choice: prepare now or pay later.

It’s difficult to forecast and prepare for every scenario or crisis that may occur in the future but, as a business owner, it’s your responsibility to consider the risks you face, use lessons drawn from the past, to make informed decisions to guide and empower actions for the future.

Black swan* events, like the COVID-19 pandemic, have driven this point home highlighting the shortcomings of business resilience in the face of a rapidly changing landscape of risks.

Many companies have begun to feel the effects of the climate crisis, such as hurricanes, flooding and other extreme weather events which are happening more frequently and with greater severity.

Additionally, new regulations and policies in response to climate change may impact the operations of many, while customers, supply chain partners, and investors increasingly seek out companies that can thrive in the evolving environment.

Now, more than ever, we must adapt, prepare and build resilience for our businesses, as well as for planetary and humanitarian benefits.

To secure long-term business sustainability and success, it’s essential to protect the bottom line, differentiate from competitors, collaborate were possible, and ensure that business can continue to operate during disruptions.

Understanding business risks and vulnerabilities coupled with business acumen will also allow informed development of new opportunities, goods and services.

The online Business Action Toolkit will help you take meaningful climate action to get on the road to net zero.

It will take you through a series of questions looking at your company’s business risk and continuity; people and resources; green infrastructure and spaces; travel and carbon foot printing; climate emergency planning; quality and environmental management systems; and your Corporate Social Responsibility (CSR).

Once you’ve completed these questions you will get a tailored report to put in place a practical action plan to reach net zero and future-proof your business.

The time for talking is over, today we need to act.

*Rarity, extreme impact, and retrospective predictability. These are the three characteristics of a black swan event, according to Nassim Nicholas Taleb, the theorist who coined the term.