While some climate change consequences may be unavoidable, taking steps to mitigate their impact will place you in a stronger position. Diversifying your supply chain, establishing continuity plans, and taking steps to become more sustainable could make your business more robust, resilient, and competitive.
The transportation of your goods and services may also need to change in response to measures put in place to address climate change. Whether that’s considering switching vehicles to low carbon alternatives or understanding how operating in or travelling through an Ultra Low Emission Zone (ULEZ) could affect your bottom line.
More directly, climate change could increase incidents of flooding, storm, and extreme heat, which could test the resilience of your systems directly. Having a contingency plan to manage those possibilities will be important to keep your business operational.