Physical Climate Risks
Physical risks, including direct impacts of climate change on a company’s operations, supply chains, financial performance, and employee health, among other variables. In the near term these impacts are likely to be felt most as extreme events, but over time could take many forms including direct and indirect impacts. In both cases it will often be difficult in the near-term to differentiate between climate change risk and “natural variability” risk of extreme weather events. And because businesses are in a poor position to take steps to directly influence the “hazard” part of the physical risk equation, short of pushing for climate policy, they tend to focus on reducing their vulnerability and increasing their resilience to such risks.
It’s beyond the scope of this page to comprehensively explore these and other topics, but we’ve organized substantial resources below to allow you to dig deeper into the topics on your own.
Upon request the Climatographers can utilize these and other materials to answer specific questions you may have, or in support of internal briefings or other needs. For more information see: Topical Briefings/Courses
Resources:
- A few specific source materials: Coming Soon
- Relevant Topical Headings in the Climate Web. To understand the codes you see, visit this FAQ - What do the different Heading types mean?.
- For a broader exploration, see Topical Dashboards that can pull together resources including published reports and journal papers, news and opinion pieces, ideas and graphics extracted from sources, videos, websites and web pages, and more:
- Physical Risk Assessment
- 101 Physical Risk Overview
- 101 Business Climate Risk Overview
- Impacts (Direct) - Headings
- Vulnerability Headings
- Relevant Wikipedia pages:
- Risk assessment
- “Pre-set search strings” help you quickly scan for additional or new topical relevant information via Google, Google Scholar, Twitter, YouTube, Vimeo, Quora, Reddit, and DeepDyve. Here’s a descriptive video. As shown in the video, pre-set searches work with on-line access, but are far more useful if you’ve downloaded the Climate Web with Premium Access. The searches then instantly open up in the Climate Web itself, saving you a lot of time.
- TSTC - Physical Climate Risks
- TSTC - Physical Risk Assessment