Managing Climate Adaptation: Meeting the Challenge of a Warming World for Businesses

19 November 2024

Written by: Huu-An PHAM, , huuan.pham@axaclimate.com

As the era of climate action shifts from commitment to implementation, businesses face mounting pressure to address climate adaptation and mitigation. The climate commitments made in the 2016 Paris Agreement aimed to limit global warming to below 2°C. Yet, recent projections place warming between 2.2°C and 3.4°C by 2100, underscoring the urgent need for action. While many companies focus on reducing CO₂ emissions, adaptation—the ability to respond and adjust to climate impacts remains less explored. For companies, adapting means preparing for climate risks and building resilience while sustaining efforts toward carbon reduction.

 

AXA Climate’s latest guide, “Managing the inevitable: How can we meet the challenge of Climate Adaptation?” provides a structured roadmap to help businesses navigate this critical task. Drawing on insights from numerous interactions with partners, customers, scientists, and experts, through this guide, we sought to lay the foundations for a thought process aimed at answering the following question: how can we set the wheels of adaptation in motion within companies?

 

The guide offers a practical, science-based approach to understanding and implementing climate adaptation

 

Here’s what you’ll find:

Part 1: Assessing the Impact of Climate Change on Organizations

Part 2: Initiating an Adaptation Process

Part 3: Diagnosing Climate Risks

Part 4: Identifying and Prioritizing Adaptation Actions

Part 5: Integrating Adaptation and Mitigation

Part 6: Embracing a Systemic Approach to Climate Resilience

 

Testimonials from experts and professionals

 

This guide offers real-world insights and case studies on climate adaptation from leaders across industries, including:

• Deeksha Vats, Global Chief Sustainability Officer, Aditya Birla Group, discusses how this global conglomerate incorporates climate adaptation across its companies.

• Shubha Shanbhag, Head ESG, IndoSpace, talks about how it builds resilience for its assets to natural hazards.

• Huu-An Pham, director of business consulting and expert in climate adaptation at AXA Climate, shares practical case studies from work with clients, bringing a wealth of field-tested knowledge.

Download the adaptation guide below

Comment développer une stratégie biodiversité ?
Download Form Adaptation Guide

For more information, contact Huu-An PHAM, , huuan.pham@axaclimate.com

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