News

  • Do more with your content!Discover PreventionWeb Services
  • Half of UK businesses 'have not prepared for climate risks', survey finds
    https://www.preventionweb.net/go/74620

    Email sent!

    An email has been sent to the email addresses provided, with a link to this content.

    Thank you for sharing!

    OK

Half of UK businesses 'have not prepared for climate risks', survey finds

Source(s):  edie

[...]

While more than two-thirds of the respondents said climate change will present risk to their business in the short to medium-term, 52% revealed that they have done either little or no work so far to prevent climate-related risks.

The CIIA [Chartered Institute of Internal Auditors] believes that there is a tendency among the private sector to conceptualize climate change – and the related physical, transition-related and reputational risks – as a future problem which does not require extensive planning at present.

[...]

“Companies that have seen early success in their sustainability initiatives have invested in a stronger understanding of risk and opportunity, which in turn has driven immediate action,” ENGIE Impact’s chief executive Mathias Lelièvre said.

“Those that have invested more in the tools to identify and quantify opportunities have moved quicker, as, armed with data, it becomes clearer that action cannot wait. Those companies that are lagging behind are advised to accelerate their sustainability efforts and learn from the companies that are successfully transforming already. Otherwise, they could be left behind.”



Add this content to your collection!

Enter an existing tag to add this content to one or more of your current collections. To start a new collection, enter a new tag below.

See My collections to name and share your collection
Back to search results to find more content to tag

Log in to add your tags
  • Publication date 06 Nov 2020

Please note:Content is displayed as last posted by a PreventionWeb community member or editor. The views expressed therein are not necessarily those of UNDRR PreventionWeb, or its sponsors. See our terms of use