Strategic Focus: Incorporating Extreme Weather Events Into Business Continuity Planning

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Executive Summary

As climate change progresses, extreme weather is increasing in frequency and severity. Many firms already have plans in place to ensure business continuity during and after extreme events. However, many of these plans were created based on past experiences and may not be sufficient for current and future weather extremes. This report presents evidence demonstrating why organizations should account for climate change in their plans for extreme weather events and outlines some digital technologies that can support these efforts.
Business continuity planning must account for the increasing frequency and severity of extreme weather events
Firms need to upgrade plans for extreme weather
Digital technologies incorporate extreme weather events into business continuity planning
 
Figure 1. Examples of compound extreme weather events
Figure 2. Timeline of relevancy of extreme-weather-related climate risk digital solutions for business continuity management

About the Authors

Emma Cutler

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…

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Katelyn Johnson

Katelyn Johnson

Senior Manager, Risk Management

Katelyn is the Senior Manager in the Verdantix Risk Management practice. Her current research agenda focuses on climate risk and its integration into risk management framework…

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