In this Episode
For businesses, a changing climate is not just about worsening weather patterns. Businesses must be prepared for what is likely to be an era of rapidly accelerating change to many dimensions of their operations, including changes in shareholder expectations, supply chains, multi-dimensional risks to physical assets, and impacts on labor, among others.
A critical dimension to preparing for these changes is risk assessment and reporting. The Task Force on Climate-related Financial Disclosures (TCFD) was established in 2015 to provide businesses with guidance on how to disclose both financial risks and opportunities that are associated with our changing climate.
Emily Wasley, head of WSP USA’s Corporate Climate Resilience practice, explains the TCFD guidelines and the growing interest from businesses seeking to become resilient to a changing climate in this episode.