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Establishing a Climate Sensitivity Framework in the Context of Business Operations

Submitted by Élyse Fournier 10th August 2017 6:11
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Summary

Climate change is expected to influence business operations in many ways. For instance, supply chain disruptions caused by climate-related impacts can raise costs, affect inventory management and reduce business market share. Rio Tinto Alcan elaborated a sensitivity framework aiming to help the company assess the exposure of operations and infrastructure to climate change risks.  The approach allowed Rio Tinto Alcan to make improvements to their asset- and business-level risk assessments and their risk management systems by incorporating information on climate change impacts.

At a Glance

Country: Canada
Industry sector: Generic
Type of resources: Generic
Type of energy: Generic
Adaptation type: Management Insurance and financial risk management
Organization: Rio Tinto Alcan
Organization type: Research organisation Utility