Business Resilience and the Environment
A truly resilient business, while preparing for the physical risks associated with climate change and moving towards a net zero emissions future, also works to protect nature and build sustainable communities.
Business as usual is no longer an option. There are ‘Calls To Action’ (CTA) that companies need to adopt in order to deliver added benefits for themselves, their customers and stakeholders and the environment they operate in.
These CTA’s include understanding and assessing the risks, putting resilience at the core of the business strategy, scaling up investment in mitigation efforts alongside striving to adapt, communicating with your stakeholders and advocating for climate resilience.
A business which makes good progress in its mitigation efforts becomes less susceptible to disruptive risks, such as client leakage, policy and legal issues, lack of resources or market development.
Businesses must assess and evaluate climate related physical risks across operations, supply chains, and within the communities that they represent.
In order to intertwine practices with the environment, each business should seek to encourage policy measures which give environmental, political and economic priority to activities with the best possible outcomes for society and the environment.
We work with and encourage our clients to adopt the visions and practicalities to ensure environmental related business resilience is at the heart of their company policies. To find out more about how your business can adopt a more resilient approach or to enrol on one of our Carbon Literacy and Climate Change courses, contact us at support@peakgovernance.co.uk
