DLA Piper has published a research report, in collaboration with Future Ready and Climate Planning, on climate change adaptation and its place in the boardroom.
Climate adaptation is recognized by many of the world's largest businesses as a global risk and one that requires critical attention. The World Economic Forum's 2013 Global Risks Perception Survey, identified the "failure of climate change adaptation and rising greenhouse gas emissions as among those global risks considered to be the most likely to materialize within a decade" (p 16). Yet despite action by many transnationals and international firms, it seems evident that most Australian companies appear to be struggling to move forward in responding to climate change impacts, apparently paralyzed by short-term profit-first thinking, uncertain political risks and a corporate culture unused to volatility and disruption.
Please click here to view and download the full report.
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