Anticipating climate risks: 7 key issues for risk management
The 7 crucial issues for a Risk Department facing climate challenges
- Optimizing insurance coverage: Adapting policies to cover emerging climate risks.
- Strengthen business continuity plans: Develop robust plans that integrate climate scenarios.
- Developing effective safety plans: Designing protocols tailored to specific climate risks.
- Establish an early warning system: Deploy an EWS to anticipate climate risks.
- Assess exposure to climate-related cyber risks: Regularly audit potential vulnerabilities.
- Integrating climate risks into overall management: Incorporating climate analysis into decision-making processes.
- Promoting a culture of climate resilience: Raising awareness within the organization and training in best adaptation practices
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