Climate Change - The Importance of Organisations Acting Quickly

“Risk managers must integrate climate change within their existing emerging risk management framework and processes” While the COVID-19 pandemic has rightfully taken up most of our attention, we must not lose sight of the growing risks posed by climate change. Organizations must enhance their frameworks and risk maturity to effectively identify and incorporate climate change risks and opportunities into their strategic decision-making. Given the pressing need for enterprises to better identify, assess and manage climate-related risks, the Financial Stability Board has developed a new climate risk taxonomy to provide a clear delineation of physical, transition and liability risks. Read Martin Massey’s full article in the summer edition of the Enterprise Risk Magazine here https://lnkd.in/eyfvdUy, where he underlines the importance of organizations acting quickly to avoid the worst impacts of another pending worldwide catastrophe – climate change.
Read Martin Massey’s full article here