All climate change articles
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Special Reports
Special report: Climate change 2024
The race to tackle climate-related risks is on, and many businesses know what they need to do. But how can they overcome barriers and get the support needed to really make a difference?
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Case Studies
Case study: How Prysmian is integrating TCFD reporting into its ERM framework
A producer of cables for the energy and telecoms sector, Prysmian is embedded in the green transition. Internally too, climate risk is a central concern, says CRO Alessandro De Felice, as it continually develops new ways to integrate TCFD reporting into its ERM framework.
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Features
Dealing with disaster: how to make sure your business is prepared for the worst
When catastrophic weather devastates businesses, insurance alone can’t – or won’t – be enough. Know your exposures and devise mitigation plans now, before it’s too late.
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Analysis
How risk-sharing systems can help climate vulnerable countries
New research shows world’s most climate vulnerable countries could lose over 100% of GDP in 2024 from disasters that are insurable
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Features
How risk managers can lead the way on the transition to net zero
Sustainability requirements are constantly growing. A green transition demands the enterprise-wide purview of the risk manager to understand not only the risks but the opportunities along the path to net zero. Sara Benwell reports.
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Special Reports
Climate risk survey 2023 results: how to boost board engagement
Our 2023 climate change survey shows businesses taking compliance seriously but falling short on funding, let alone real action. Can risk managers light a fire under such tepid board engagement?
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Analysis
Four key lessons from the Axa Future of Risk report
A new survey asked 3,500 risk experts about the greatest emerging threats facing countries and companies today. We dig into the four key takeaways from the report
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Special Reports
Special report: Climate change
Climate change is already here - so what now? Learn how organisations can start meeting the challenges head on and turn risks into opportunities
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Expert Views
A best practice guide to developing climate resilience
EXPERT VIEW: Climate change may already be here, but we can – and must – work ahead of time to map out our exposures for the impacts still to come. International SOS’s James Wood explores how to build climate resilience, through data analysis, assigning accountability and securing investment.
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Opinion
How to manage the growing risk of climate change litigation
As climate litigation risk gathers momentum, John Firth shares the steps that companies can take to identify and reduce these risks.
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Editor's Letter
SR Q3 2023: Adapt or die
As the world of risk gets increasingly complex, there is a golden opportunity to elevate the profession beyond insurance buying, to strategic, value-adding, board-level ERM. Those risk managers who fail to step up and grab it with both hands may quickly become irrelevant.
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Case Studies
Case study: Enhancing urban resilience in Medellín through insurance protection for climate risks
Following the conclusion of the two-year Medellín Tripartite Project in Colombia, the risk industry team involved reflects on the project’s outcome, the challenges they overcame, and how the knowledge they gained on the way can help future resilience programmes
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Opinion
How risk managers can become climate leaders through better communication
With the right communication and data, risk managers can speak the language of the c-suite and become a driver of real climate change says Chris Hickin, vice president - operations engineering manager, London operations at FM Global
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Analysis
Maui wildfire insured losses “will be at least $1bn”
Commercial property insurers will likely reassess their exposures, pricing and reinsurance as a consequence of the wildfires in Hawaii, says Moody’s
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Expert Views
Expert view: Why data is the lynchpin of climate resilience and reporting
Nina Arquint, CEO EMEA at Swiss Re Corporate Solutions, explores why data could be both an obstacle and a gamechanger for risk managers dealing with climate-related risk
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Interviews
Putting science and data behind climate risk management
Bill Bradshaw, operations manager at FM Global talks to StrategicRISK about how the insurer is trying to move the needle on climate risk.
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Opinion
Five steps to building a world-class ESG risk and compliance program
Chief risk officers have been managing ESG exposures for some time now, but compliance is getting more complicated. Dean Alms, chief product officer at Aravo explains why risk professionals must step up
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Analysis
Why building code regulations are the key to curbing Nat Cat losses
New research shows that just 27% of economic losses from Nat Cats this year have been insured. For risk managers, following building codes and prioritising resilience are crucial for minimising the risks
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Features
Spotlight on: wildfire risks and how to ensure business continuity
As wildfires spread across Europe and the Americas, Strategic Risk explores the steps risk managers can take to safeguard their employees and ensure business continuity
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Analysis
Storms are getting stronger - and risk managers must prepare
Reinsurance broker Lockton Re has published a report on climate change and hurricane trends.