Climate impacts profits: How businesses should report climate risk with Emily Wasley
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.
Emily Wasley leads WSP USA’s corporate climate risk, adaptation, and resilience practice. She also serves as a west coast Future Ready Advisor for WSP USA, President of the Board of Directors for the American Society of Adaptation Professionals (ASAP), Steering Committee member for Women in Climate Tech (WiCT), a fellow to the American Security Project (ASP), and a Blue Endeavors Ambassador.
James Lawler is the founder of Climate Now. James started Climate Now as a way to learn about climate change and our energy system. Climate Now’s mission is to distill and communicate the science of our changing climate, the technologies that could help us avoid a climate crisis, and the economic and policy pathways to achieve net zero emissions globally. James is also the founder of Osmosis Films, a creative studio.
Katherine Gorman is a podcast host for Climate Now. She has worked for terrestrial public radio stations across the US, and is also co-host of the podcast “The Talking Machines”. She is excited to democratize the climate conversation and to learn and share knowledge from experts in the field.