Climate Ready Strategy
We help businesses to develop a response to climate change that is commensurate with both their climate risk exposure and their ability to create a positive impact beyond their organisation.
Smart businesses are getting their heads around what climate change might mean for them now and into the future. They understand that there are implications for their customers, supply chains and their physical assets.
They know what it means to be climate-ready by aligning to a net-zero world and addressing climate consequences.
By acting early, these businesses have peace of mind and are positioning themselves to avoid future costs, disruptions and reputational damage.
Foreseeable can help you get started with an assessment of your readiness for climate change and a plan to work toward being climate-ready.
Benefits
Working with Foreseeable to ensure your strategy is climate-ready will deliver the following benefits for your business:
Adaptive
Position your organisation to be able to capitalise as new markets emerge, assets are valued differently and carbon is priced into all manner of inputs.
Access to cheaper finance
Reduced costs of financing and increased investor attractiveness as the result of having a clear plan to integrate climate change decisions into the way you create value.
Improved reputation
Enhanced reputation from having proactively taken a position on climate change that recognises the interests of your own stakeholders but also seeks to create positive impact more broadly.
The Process
We recognise that all organisations approach their strategy development a bit differently. To help you produce a climate-ready strategy we will work out an approach that aligns with a strategy refresh or supports the creation of a whole new strategy.
Evaluate current approach
We will take a climate lens to your current business plan or strategy looking for potential areas of exposure or areas where you can capitalise. We will consider your business timeframes against what is expected to occur in terms of both physical impacts and transition changes. We will also consider your decarbonisation pathway and how this compares to both the science and stakeholder expectations.
Explore strategic responses
Our intention is to help you develop responses that are flexible enough to be able to respond to changes in climate science, and shifts in policy and economic settings resulting from the low carbon transition. We are cognisant that climate change is only one of the challenges your business will be grappling with and your response needs to be commensurate with the potential impact.
Produce a climate-ready strategy
Ideally every busy only has one strategy – the business strategy. Our intent is to make this strategy as robust as it can be when it comes to climate change.
Connect with us today to discuss how we can help you develop your Climate Ready Strategy.