Only 20% of businesses and organisations are prepared for climate-related disasters, new research from ACCA reveals as COP29 climate summit opens
Businesses and other organisations are not prepared for weather-related disasters, with out-of-date business continuity plans failing to reflect the frequency of disruption of climate-related events, according to ACCA’s latest report weathering the storm: building resilience against climate disruptions. This new report paints a concerning picture of organisational preparedness, with only 20% of businesses and other organisations surveyed identifying climate-related risks across their operations. Even more troubling is that a mere 17% regularly rehearse their response to major disruptions, while 25% have no mechanisms in place to build resilience at all. ‘Spain's recent floods and intensifying hurricanes worldwide are harrowing reminders that climate change is not a distant threat; it’s reshaping lives and communities right ...