Conducting Climate Change Risk Assessments for Companies: Lessons Learned

Abstract

As the private sector becomes increasingly aware of the risks associated with climate change, climatologists have been engaging with companies to assess climate change risks and opportunities. Here, we outline how we have collaborated with a Fortune 500 company to assess the physical risks of climate change to their facilities. We provide a template for a climate change report card that we generated for >100 facilities globally. This report card is designed to communicate risk to company leadership and local facility managers. We believe that by sharing our experiences, climate scientists will be able to quantify and communicate climate risk more effectively to the private sector.