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TIC Council

Climate Change Risk Mitigation Report

This risk mitigation survey carried out by Longitude (a Financial Times company) and commisioned by the TIC Council was conducted amongst C-suite executives to explore how businesses are planning to mitigate the impact of climate change.

 

Key findings include:

·         Climate change, cyber risk and disruptive technology were the 3 biggest risks identified

·         55% of respondents feel less resilient against climate risk than they did last year.

·         Executives are particularly concerned about the impact of climate change on production.

·         71% of respondents are willing to spend up to 14% more on improved risk mitigation.

·         76% of executives trust independent third party testing, inspection and certification companies to assist in reducing climate risk

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