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Understanding Climate Risk: Preparing for the Worst | Annemarie Büttner
Dec 23, 2024
Annemarie Büttner, Lead of Climate Risk Solutions at Swiss Re, delves into the intricate world of climate risk. She discusses how natural disasters influence global supply chains and the importance of climate risk modeling. Annemarie shares real-world examples, including floods in Spain, and sheds light on the unique climate challenges facing Switzerland. With a focus on urban planning and proactive resilience, she offers practical steps for companies and individuals to prepare for an uncertain future amid climate change.
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Quick takeaways
- Effective climate risk modeling provides businesses with critical insights to anticipate future environmental challenges and enhance operational resilience.
- Regulatory frameworks are essential in guiding companies to assess climate risks, but proactive adaptation strategies are necessary for long-term stability.
Deep dives
Understanding Climate Risk in Business
Businesses today face significant challenges in preparing for climate change, as highlighted by the growing threat of climate risks. Companies must identify and mitigate these risks to ensure their operations remain stable amidst unpredictable environmental changes. For instance, a flood in Spain has been cited as a specific event that unexpectedly disrupted the supply chain of a Swiss train manufacturing company. This example illustrates the importance of awareness among businesses regarding how external climate events can impact their bottom line, making proactive planning essential.
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