The Risky Business initiative today announced a new partnership with Risk Management Solutions (RMS), the world’s leading catastrophe risk management firm, to enhance the initiative’s ability to provide high-quality data on climate change risk to business leaders who face economic risks associated with a changing climate.
Coca-Cola has always been more focused on its economic bottom line than on global warming, but when the company lost a lucrative operating license in India because of a serious water shortage there in 2004, things began to change. A growing number of American businesses are starting to see global warming as an economically disruptive force affecting commodity costs and supply chains.
I’m confident that, when presented with a just-the-facts analysis of the economic risks we face, America’s business leaders are more than up to the task, and will know what to do.
Former US Senator Representing Maine
Leaders from across the American political and business spectrum will review the initiative’s independent climate risk assessment and share its findings with the industries, regions, and market segments that face the greatest risks from unmitigated climate change.