Tag: droughts
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Physical Risks
Physical Risks Physical risks refer to potential negative impacts on businesses due to physical changes in the environment that arise from climate change. These risks can be acute or chronic: Companies assess these risks to better understand potential vulnerabilities and take measures to protect assets, ensure operational continuity, and support resilience across their value chain.
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Climate Change
Climate Change Climate change refers to the long-term variations observed in weather conditions due to the warming of the Earth’s atmosphere. These variations include changes in temperature, precipitation, wind patterns and other aspects of the climate system. Although natural processes, such as the solar cycle or massive volcanic eruptions, can contribute to these changes, human…