Could extreme weather disrupt your operations? Might a severe storm or unusual drought damage your infrastructure or resources? Are any of your sites in or near a coastal region? If you answered yes to one of these questions, your organization faces potential loss because of climate events.
A growing number of our clients recognize that severe weather could affect their operations, sites, or assets—and they are taking steps to mitigate their climate risk.
Be Prepared—and Reap the Benefits
Know Your Risk
Want to understand how climate change may affect your organization? Marstel-Day has extensive experience in analyzing climate risk in the public and private sectors.
Example: When we investigated threats to industry in 24 counties and 12 cities, we found that sea-level rise and other climate-related factors could cause billions of dollars in coastal damage, unless action is taken.
Improve Your Resiliency
You can mitigate your risk of loss related to extreme weather. Climate-adaptation strategies prepare organizations to respond to climate events—and recover in their wake. Disaster-risk reduction strategies also can protect you from catastrophes unrelated to climate, such as infrastructure failures.
Example: When the U.S. Marine Corps recognized that climate events can keep bases from effectively fulfilling their missions, Marstel-Day recommended ways to mitigate risk associated with environmental and climate change. Base-community collaboration, infrastructure sharing, and other creative solutions can improve installation resiliency.
Reduce Economic and Environmental Costs by Using Natural Resources
Leveraging the natural environment can help protect against climate damage. Disaster-risk reduction strategies can incorporate green infrastructure and ecosystem services.
Gain a Competitive Edge
Pursuing climate-risk mitigation may set your organization apart from your rivals. We use the benchmarking process to identify potential best practices, while helping you understand how you compare to competitors and measure up to industry standards.
Enhance Stakeholder Relations
As you prepare for climate events, collaborating with key stakeholders can improve trust and communication. Teamwork also brings new ideas and resources to the table, and encourages stakeholders to take initiative to mitigate climate risks. Collaboration reduces the likelihood of legal action over an extreme event, and may improve the results of your risk planning.
Few stakeholders play a more fundamental role in your success than your employees. By creating an internal team of green champions, you enlist your workforce in your climate-adaptation campaign – and encourage them to contribute their creative ideas.
Cut Your Insurance Costs
By developing and implementing a comprehensive climate-adaptation plan to protect your infrastructure and communities, your insurances expenses may decrease.