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Business Sector Assessments and Tools

This tab presents climate science, vulnerability assessments, and tools for understanding climate change impacts to the business sector and potential adaptation options.

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15 results are shown below.

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Heat in the Heartland: Climate Change and Economic Risk in the U.S.

January 23, 2015

From the Risky Business Project, “Heat in the Heartland” details how extreme heat from unmitigated climate change could transform the Midwest's communities and economy. This assessment defines the range of potential economic consequences on agriculture and businesses, as well as discusses the related impacts on labor productivity, livestock, energy use, public health, crime, fresh water supply and tourism. The report concludes that the most severe risks can still be avoided through early investments in resilience and immediate action to mitigate global warming.

Resource Category: Assessments

 

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Weathering the Next Storm: A Closer Look at Business Resilience

September 2015

Weathering the Next Storm from the Center for Climate and Energy Solutions (C2ES) is a comprehensive overview of the state of climate risk assessment and resilience planning within the business community, and provides business resilience strategies for climate change vulnerabilities. The report identifies various approaches companies are using to address climate risks, examines challenges in managing and reporting those risks, and offers strategies for climate risk management within the private sector.

Related Organizations: Center for Climate and Energy Solutions (C2ES)

Authors or Affiliated Users: Janet Peace, Katy Maher

Resource Category: Assessments

 

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Risky Business: The Economic Risks of Climate Change to the United States, Final report

June 24, 2014

‘Risky Business’ estimates the impact of projected changes in temperature, precipitation, sea levels, and storm activity on the U. S. economy.   The report presents a new approach to understanding climate risks for key U. S. business sectors, and provides business leaders with a framework for measuring and mitigating their own exposure to climate risk. The Risky Business research focused on damage to coastal property and infrastructure from rising sea levels and increased storm surge, climate-driven changes in agricultural production and energy demand, and the impact of higher temperatures on labor productivity and public health.

Resource Category: Assessments

 

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State of Corporate Adaptation Survey 2015

June 2015

The University of Notre Dame’s Global Adaptation Index (ND-GAIN) and consultant firm Four Twenty Seven, with support from Business for Social Responsibility, launched and published the 2015 Corporate Adaptation report to generate insights into whether and how enterprises are preparing for the physical impacts of climate change. The report is expected to further the collective understanding of best practices, barriers and enablers, and strategies to prepare for climate change in the corporate world.

Related Organizations: Notre Dame Global Adaptation Initiative (ND-GAIN)

Resource Category: Assessments

 

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Severe Weather and Manufacturing in America: Comparing the cost of drought, storms, and extreme temperatures with the cost of new EPA standards

June 2014

This analysis compares the cost of the new EPA mandated reforms on energy standards intended to reduce greenhouse gas emissions from power plants 30% by 2030, with the costs manufacturers ultimately face from the impacts of severe weather. The Business Forward Foundation puts these numbers into perspective by examining automotive manufacturing - the largest industrial sector in the U.S.

Related Organizations: Business Forward Foundation

Resource Category: Assessments

 

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Economic Impacts of Projected Climate Change in Pennsylvania

November 4, 2009

Sponsored by the Pennsylvania Department of Environmental Protection, this assessment examines the impacts of projected global climate change on the state’s economy at mid-century (2050).  The economic impacts are discussed for the Forestry, Agriculture, Energy, Human Health, Property Impacts and Insurance, and Outdoor Recreation and Tourism sectors.

Related Organizations: Pennsylvania Department of Environmental Protection

Resource Category: Assessments

 

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Adaptation: An Issue Brief for Business

July 2008

From the World Business Council for Sustainable Development, this publication provides an overview of adaptation from a business perspective. It describes potential impacts of climate change, risks and opportunities for business, and why business should consider adaptation planning and measures. The report also summarizes intergovernmental efforts to promote adaptation in vulnerable regions and highlights areas in which business could have a role in promoting adaptation, both at community and global levels.

Related Organizations: World Business Council for Sustainable Development

Resource Category: Education and Outreach

 

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Understanding the Economic Development Opportunity & Impact of Climate Change

April 2014

This report by the Rhode Island Commerce Corporation considers the economic development implications associated with climate change, including preparing for and recovering from extreme weather events. Challenges and opportunities are examined across the following industries: small business, ports and marine trades, tourism, defense/naval, manufacturing, aquaculture, agriculture, and energy. The report is broken up into sections on each of the industries covered. For each industry, the authors discuss climate change considerations relevant to that sector, similar work underway in other states, and next steps for Rhode Island state government, local governments and the business community.

Related Organizations: Rhode Island Climate Change Commission, Rhode Island Commerce Corporation (Commerce RI)

Resource Category: Assessments

 

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Climate Change in Park City, Utah: An Assessment of Climate, Snowpack, and Economic Impacts

September 29, 2009

This study examines how the snowpack at the Park City ski area, in the Wasatch Mountains of north central Utah, may be impacted by climate change, and how the regional economy could subsequently be impacted because of changes in winter tourism. The research and analysis was provided by Stratus Consulting for the Park City Foundation - a community foundation that promotes philanthropy, and partners with the nonprofit community to strengthen the greater Park City region.

Related Organizations: The Park City Foundation, Stratus Consulting

Resource Category: Assessments

 

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2014 Heatwave Business Impacts, City of Melbourne, Australia

March 24, 2014

The City of Melbourne, Australia conducted this study to get an understanding of the perceived impacts of a 2014 heatwave on the Melbourne business community. Melbourne has experienced several extreme heatwaves in recent years and climate projections show an increase in heatwaves in the future. This is a unique study because most research has been related to impacts of urban heat on the personal health of individuals, rather than impacts to businesses. 

Related Organizations: City of Melbourne, Australia

Resource Category: Assessments

 

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