Connecting Climate Resilience to the Bottom Line (SSIR)

/Connecting Climate Resilience to the Bottom Line (SSIR)

Connecting Climate Resilience to the Bottom Line (SSIR)

The time is ripe for companies to look beyond quarterly earnings and depreciation schedules, and into frameworks and strategies that will build long-term resilience.

“The number of natural catastrophes worldwide—and the economic losses resulting from them, most of which aren’t insured—has increased significantly since the 1990s. During the previous 35 years, the average number of billion-dollar weather disasters in the United States was about five per year. In 2016, there were 15 weather and climate disaster events with losses exceeding $1 billion each in the United States alone.”

Given the devastation by fire, hurricanes, floods and mud of 2017 and into 2018, business leaders would do well to pay attention to the risks that climate now poses world wide. Leaders who fail to build climate resilience capability will face investor wrath, higher costs of doing business and repercussions in a political/cultural environment that is moving to a lower carbon future.

The story of how Google connected climate resilience to the bottom line is instructive. Commitment to Principles of Climate Resilience and long term thinking inform strategies addressing customers and how to serve them while aligning business objectives and investment.

Contact us and we can help you align around climate resilience for your bottom line.

Read the full article at: ssir.org

By | 2018-02-16T00:39:34+00:00 February 1st, 2018|@enable_change|0 Comments

About the Author:

Flora Moon
Flora Moon is Sustainability Practice Director at Expressworks. For over 15 years she has adeptly guided petrochemical clients like DuPont, Williams, Halliburton and Chevron to navigate systemic and cultural change. In April, 2016 she moderated the SPE panel on Sustainability and Performance in Stavanger, Norway. She serves on the Executive committee of the Society of Petroleum Engineers Sustainability Technical Section and co-leads the SPE Sustainability Technical Section Performance Sub-Committee. Flora has also created sustainability capability and capacity in communities serving on the Houston (Texas) Resilience Committee and as project manager / special advisor to a number of public and private projects. She is the co-designer of a private sustainability investment strategy for Merrill Lynch.

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