Paul Munday on Corporate Adaptation Planning

“Proper planning prevents poor performance.” It’s a cheesy axiom, but one that happens to be correct. With extreme weather events on the rise, and slow onset climate risks on the march, it makes sense that organizations of all shapes and sizes are making plans in response. S& Global Rating’s Dr Paul Munday has been at the forefront of research into company-level climate adaptation plans, and recently co-authored an in-depth report on the current state of play. This found that just 21% of companies have adaptation plans, and that less than half of these have implementation timelines of 10 years or less. Is this evidence that too few companies are taking climate risks seriously? A sign that adaptation and resilience are still emerging concepts in the private sector? Or a reflection of the difficulties involved with putting together climate risk assessments and articulating effective responses? In this episode, Paul and Louie discuss the findings of the report and unpack additional research by S&P on sovereign and municipal climate risks. Sign up to climateproof.news for a twice-weekly does of climate adaptation & resilience news and insights. Questions? Comments? Email Louie at [email protected]