Tag Archives: climate change

Dangers & Opportunities Behind Latest IPCC Climate Change Report

IPCC: Change in Average Surface Temperatures, 1986-2005 to 2081-2100

The UN’s Intergovernmental Panel on Climate Change (IPCC) has recently published its Synthesis Report, a comprehensive summary of the IPCC’s three previous reports, which outlined the causes, the impacts, and the potential solutions to climate change. The report comes at … Continue reading →

UN Climate Summit: 1-in-100 Initiative

business flood

September saw the UN Climate Summit taking place in New York, aiming to raise political momentum and mobilise action to reduce greenhouse gas emissions and build resilience to climate risk, ahead of next year’s key climate change negotiations in Paris. Continue reading →

Weather-Related Environmental Risks

chemical spill

On September 24, representatives from the insurance, legal and scientific communities participated in an A.M. Best webinar on Weather Related Environmental Risks to discuss the increased attention on natural hazards/disasters related to climate change, and the pollution liability exposures and … Continue reading →

Adapting to Climate Change: Political Instability

ClimateChange_PoliticalRisk

Traditionally, political risk has meant some form of direct governmental interference such as expropriation. However, national governments are no longer the only, or in many cases the primary, source of political risk in emerging markets. Political risk can also stem from … Continue reading →

Adapting to Climate Change: Environmental Liability

ClimateChange_Environment

Over the past several years, more and more companies are becoming increasingly aware of climate change issues and the necessity for sustainability/resiliency planning.  This awareness comes in many forms but primarily centers on how their business might be affected financially … Continue reading →

Adapting to Climate Change: Directors & Officers Liability

ClimateChange_D&O

When the U.S. Securities & Exchange Commission told U.S. public companies in 2010 to disclose climate matters, the Commission made it clear that it was not creating new disclosure obligations, but rather clarifying existing duties as respects potentially material risks—thus … Continue reading →

Adapting to Climate Change: Insurers as Bellwether

ClimateChange_Reinsurance

Insurance touches and is touched by much of human activity around the globe.  So it should not be a surprise that insurers can be expected to be a bellwether for the economic impact of climate change. Continue reading →

Adapting to Climate Change: Weather Risk

ClimateChange_WeatherRisk

Climate change doesn’t happen overnight. But it can happen relatively rapidly as we have seen over the past decades – according to the majority of scientists, we’ve seen a warming trend faster than most naturally occurring fluctuations. Continue reading →

Adapting to Climate Change: Supply Chain Resilience

ClimateChange_SupplyChain

The recently published Intergovernmental Panel on Climate Change (IPCC) report highlights a number of expected changes in the climate, including the continual shrinkage of arctic ice cover, a rise in average global sea levels, ocean acidification that will impact the … Continue reading →

Adapting to Climate Change: Disaster Planning

ClimateChange_DisasterPlanning

As the business community in general prepares for a world with climate change, human resources departments also need to be involved in that planning.  Continue reading →