Where does climate risk actually sit in your company?
That's the question I'm asking following our National Emergency Briefing screening. Because here's what's coming: tomorrows temperatures could hit 28°C in the south in May! Within 35 years, 40°C summer heat will likely be typical. The Climate Change Committee is already saying we'll need air conditioning rolled out at scale. Schools may reschedule exam timetables. Hospitals may need complete redesigns.
This isn't abstract. In July 2022, the London Fire Brigade ran out of fire engines because there were too many fires from the heat. Too many, full stop.
Meanwhile, coastal erosion in Yorkshire, Norfolk and Suffolk is retreating by 2 to 4 metres per year. Residents in flood-prone areas will eventually have to abandon their homes. Managed relocations aren't a distant hypothetical; they're in our adapting-to-climate planning right now.
Here's the hard part: the cost of adapting to this is way cheaper than doing nothing. But most businesses haven't worked out where their own exposure lies. Supply chains are vulnerable. Operations are exposed. Insurance costs are going up. Financing is getting tougher.
So ask yourself: where does risk lie within your company? And more importantly, what are you going to do about it?
If you're thinking about this, come and talk to us. We help organisations across FTSE, Nasdaq, XETRA and IBEX figure out their true climate exposure and build real adaptation into strategy. That's what we do.