Why aren't companies preparing for the consequences of climate change?

Interview with Violaine Lepousez, Louise Badoche

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While climate change is already having a major impact on many companies, the issue of adaptation is still not sufficiently integrated into strategic planning.

Yet the stakes are high and the risks are varied: the health and safety of employees and customers, business continuity, financial costs, the ability to recruit and retain employees, reputational risks, and, in some cases, even the long-term viability of the business model.

How can we ensure the continuity of our drinking water supply and transportation services while maintaining the same level of quality? Will it still be possible to do so during the heat waves and droughts we will experience over the next 10 years? Will industrial sites still operate year-round at the same level of production and safety during these same periods? How can we reorganize supply chains to limit periods of scarcity or simply the price inflation that occurs during severe weather events here or elsewhere in the world? Faced with increasingly frequent and intense climate disruptions, our socioeconomic system—which itself created the problem of global warming—is being severely tested.

But then why is the value of implementing an adaptation strategy within companies still up for debate? What are the obstacles and common misconceptions?

In this episode, Violaine Lepousez, Principal and Head of the Adaptation and Resilience Division at Carbone 4, helps us gain a clearer understanding and explains the steps involved in implementing an adaptation plan.

To learn more about this topic:

• Companies Facing Physical Risks Associated with Climate Change, Carbone 4: publication: https://www.carbone4.com/les-entreprises-face-a-la-derive-climatique, webinar: https://www.carbone4.com/risques-derive-climatique-webinaire
• Training Adapting Your Organization to Climate Change (Ocara Method)),* Carbon 4: https://www.carbone4.com/training/business-climate-resilience-OCARA
• In the business world, how can companies embark on a path toward adapting to climate change? ADEME: https://librairie.ademe.fr/changement-climatique-et-energie/6728-en-entreprise-comment-s-engager-dans-un-parcours-d-adaptation-au-changement-climatique-.html
• Climate Change Adaptation: The Government Will Make Two Billion Euros in Green Loans Available to Businesses, Libération: https://www.liberation.fr/environnement/adaptation-au-changement-climatique-letat-va-debloquer-deux-milliards-deuros-de-prets-verts-aux-entreprises-20240208_UI4DU7WYLRD23P3RPTKBTJUW34/

Check out all our resources: https://www.carbone4.com/resources

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Music: César Dugast

Voice: Louise Badoche

Graphic Design: Kevyn Bargue