Action Space landing pageRisk
Understand climate risk and how it can impact your business.
Begin
Understand climate risk
Understanding and addressing climate risk
Manage climate risk to protect your business and seize opportunities.
Action Guide
Probable Futures climate risk maps
Utilise interactive maps to understand your climate risk.
External resource
Action Guide
Understanding and addressing climate risk
Climate change poses significant risks to businesses, especially SMEs that may have fewer resources to adapt and respond. Understanding these risks is crucial for developing strategies to mitigate them and ensure long-term sustainability. Understanding climate risk is not just about protecting your business from potential harm but also about identifying new opportunities in a transitioning world. By proactively managing these risks, you can ensure the long-term resilience of your business.
This guide will help you identify, assess, and manage climate risks, focusing on both physical risks (such as extreme weather events) and transition risks (such as regulatory changes and market shifts).
Our Action Guides focus on simplicity and speed, and are appropriate for all SMEs.
Time to complete: 10 minutes
Co-written with Probable Futures
External resource
Probable Futures climate risk maps
Probable Futures allows users to track, monitor and understand climate risks of their business. Using this tool can help companies prepare and mitigate against these climate risks.
This resource is particularly helpful for SMEs that want to report on their climate progress but need to better understand risk.
Provided by Probable Futures
Case study: Addressing climate risk by building resilience
Legacy Vacation Resorts Finds Cost-Savings, Community through Climate Action
Legacy Vacation Resort’s guests felt the consequences of multiple wildfires, extreme heat, drought, red tide, and a hurricane,” says Jared Meyers, chairman. “Our company can’t survive if extreme weather events worsen and become more frequent.” This is among the many reasons Legacy Vacation Resorts built planet-friendly practices into its company ethos. “Addressing our climate challenges makes our company more resilient,” says Meyers.
Read full case study hereSuggested action areas
Not sure how to start?
See the steps you can take and get help building a plan to cut your business emissions today.
Ready to commit to lower emissions?
It’s easy to make the commitment. Just complete a form sharing your intent to reduce your emissions.
You’ll earn public recognition for taking the first step.
Register now to use our tools
Register now to use our tools
Log in
Don't have an account? Create account
Log in
Don't have an account? Create account to access our tools or make the SME Climate Commitment
Log in
Don't have an account? Create account to access our tools or make the SME Climate Commitment
Forgot password?
Please enter your email address. You will receive a link to create a new password via email.