Can Your Company Withstand the Heat? Climate Change Continues Threatening Business Resilience

This summer, climate change has dominated the media headlines. Unprecedented heatwaves have swept across the globe, affecting millions and highlighting the urgent need for businesses to adapt to this new climate reality. A quick snapshot? In India, temperatures soared to 47°C/116°F, disrupting the world’s largest democratic elections and affecting voter turnout. Meanwhile, Canada is battling its most destructive wildfire season, with fires fueled by prolonged drought conditions. For businesses, this means reassessing and updating your business continuity plans to ensure you can withstand and recover from climate-related disruptions.  

Challenges include: loss of productivity, a hit to employee well-being, risk of heat-related illness for employees, supply chain delays, power outages, equipment failures, and so forth—all of which can impact revenue, workplace performance, business resilience, and client interactions. 

Solutions include: offering flexible work arrangements, such as remote working, which can help maintain productivity during extreme heat, investing in energy-efficient infrastructure to mitigate the impact of power outages, educating employees and teams on heat-related risks and how to manage them, and so forth. 

How SAI360 Can Help Your Business Adapt to Climate Change Challenges 

SAI360’s comprehensive business continuity solutions equip organizations with the tools needed to manage and mitigate climate-related risks. Our platform offers tailored modules and advanced analytics, allowing businesses to view risk through a strategic lens and develop robust plans to safeguard operations against extreme weather events. By integrating business continuity planning with risk management, SAI360 helps organizations build resilience and prepare for future challenges. This includes everything from knowing what climate-related risks and impacts to disclose to what climate-related regulations may impact your business next. 

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References 

DW. (2024, July 31). Is climate change behind all extreme weather events? DW. [Is Climate Change Behind All Extreme Weather Events?](https://www.dw.com/en/is-climate-change-behind-all-extreme-weather-events/a-69107065)

Phys.org. (2024, June 12). Extreme summer weather and climate change. Phys.org. [Extreme Summer Weather and Climate Change](https://phys.org/news/2024-06-extreme-summer-climate-weather.html)

The Week. (2024, July 20). Extreme weather events and their links to climate change. The Week. [Extreme Weather Events and Their Links to Climate Change](https://theweek.com/science/extreme-weather-events)

Climate Council. (2024, July 15). 2024’s climate crisis: Extreme weather around the globe. Climate Council. [2024’s Climate Crisis: Extreme Weather Around the Globe](https://www.climatecouncil.org.au/2024s-climate-crisis-extreme-weather-around-the-globe/)

AccuWeather. (2024, June 25). Extreme heat: How it can impact businesses. AccuWeather. [Extreme Heat: How It Can Impact Businesses](https://afb.accuweather.com/blog/extreme-heat-how-it-can-impact-businesses)