All the latest research and data, analysed and distilled

Time for insurers to wake up to climate change

Insurers should be paying more attention to the risks posed by climate change, Lloyd’s of London warns. In a new report, the insurance market gives particular attention to the probability of severe flash floods, which could increase by 40% towards the end of this century. Peak river flows could also rise by 10% by 2015, and 30% by 2080. The report, Catastrophe Modelling & Climate Change, draws heavily on the latest conclusions of the Intergovernmental Panel on Climate Change, which talks of “surprising or irreversible” impacts of global warming.

Sustainable supply chains a priority

Supply chain management is becoming an increasing priority, a new study by professional services firm PwC and the Apics Foundation finds. More than three-quarters of operations professionals say their companies will increase their focus on supply chain sustainability over the next three years. More than two-fifths of these reveal they are motivated by cost reduction, while around one-third report environmental improvements as their main driver.

Despite this, however, only 30% of managers say their companies have a comprehensive sustainability strategy for supply chain issues. Among the chief barriers to action are lack of measurable targets and misaligned employee...

This content is premium content, and only accessible to subscribers. Please log in to view the content - or subscribe here.

Subscribe to read: Cheat sheet: Corporate responsibility cheat sheet

Login

Subscribe

Already a subscriber? Login using the fields below.

To get access to this content, become an Ethical Corporation subscriber today.

Subscribe and join the likes of:

Subscribe here
Close popup
African economy  Antarctica  climate change effects  collaborative banking  CR Cheat Sheet  Lloyd's  supply chain management 

comments powered by Disqus