Strategic Focus: Addressing Climate Adaptation In Transition Plans

Published 13 March 2024 by Emma Cutler & Ryan Skinner &

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Executive Summary

Climate transition plans have historically focused on climate mitigation and achieving net zero. However, these plans should also address physical risk reduction and climate adaptation. Taking a more integrated approach makes a transition plan – and overall business strategy – more resilient to climate risks. With intensifying physical climate impacts, adaptation is growing in importance; the transition planning process creates an opportunity to jumpstart planning around this.

Table of contents

Integrating transition plans and adaptation improves climate strategy
Physical climate risks threaten transition plan success
Businesses can use transition planning to advance adaptation

Table of figures

Figure 1. Benefits and caveats of sample adaptation investments 

About the authors

Emma Cutler

Senior Analyst
Emma is a Senior Analyst in the Verdantix Net Zero & Climate Risk practice. Her current research agenda focuses on physical and transition climate risk, climate resilience and adaptation. She has a background in simulation and statistical modelling applied to climate adaptation, coastal management and international development. She holds a PhD in Systems Engineering from Dartmouth College and a BA in Mathematics and Environmental Studies from Bowdoin College.

Ryan Skinner

Research Director, Net Zero & Climate Risk
Ryan is the Research Director for the Verdantix Net Zero & Climate Risk practice. He guides the research team to develop compelling research at the intersection of net zero strategies, carbon management, climate risk and technology. Prior to joining Verdantix, Ryan was a principal analyst at Forrester Research, where he initiated the research into ESG data and analytics offerings. He also has extensive experience of helping software companies with their messaging, positioning, market and technology strategies. Ryan studied at Duke University, the University of Manchester and the University of Oslo, and speaks Norwegian fluently.

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