03 SBRISK0410 Comment 18/3/10 11:31 am Page 1
CORPORATE RISK
Contents
Map your climate change
risks – and get the edge
Whatever its shortcomings, last year’s Copenhagen summit
Editor Tom Idle 020 8651 7070 tom.idle@fav-house.com
Sub-editor Richard Sharpe
achieved recognition that global warming is happening and
Production Sharon Miller 020 8651 7104
something must be done to curb it.
Design & production manager Luana Marca
And the business community is likely to feel the full force.
Publisher Angela Himus 020 8651 7164 Droughts playing havoc with the crops you rely on being flown in
angela.himus@fav-house.com
from other parts of the world; insurance premiums rocketing to
Corporate partnerships Robert Barton
020 8651 7065 robert.barton@fav-house.com
factor in more frequent flooding; energy prices soaring and carbon
Group advertisement manager Ella Westaway
prices increasingly affecting the bottom line. Climate change
020 8651 7077 ella.westaway@fav-house.com
scepticism might be rife right now, but future purchasing decisions
Subscriptions 020 8651 7160 might put environmental footprints on a par with quality and price.
subs@fav-house.com
However, companies are still unprepared and climate change
Administration Clare Klos 020 8651 7121
clare.klos@fav-house.com
risk is not being factored into corporate risk strategies. And a
recent survey by Standard & Poor’s found that, on the whole,
The editorial board
carbon risk is not yet fully incorporated into European
■ John Alker Public affairs, UK Green Building Council
■ Mark Barthel Wrap companies’ funding decisions.
■ Charlie Browne UK environment manager, Ikea
This special FutureProof supplement examines the need for
■ David Crowhurst BRE Environment
businesses that concentrate their efforts on issues of material
■ Anya Ledwith Consultant, ESHCon
■ Liz Parkes Head of waste, Environment Agency
importance – to maximise the impact of new investment and
■ Tim Pollard Head of sustainability, Wolseley
ensure the sustainability of business operations.
■ Bruno Zago UK & Ireland environmental manager,
Hewlett Packard Many thanks to our supporting partners who have both made
excellent contributions to the supplement – Hyder Consulting
Magazine information and AEA.
Email sb@fav-house.com
Website www.sustainablebusinessnetwork.net
ISSN 1756-8633 © Faversham House Group
TOM IDLE EDITOR
Subscription rates Annual subscription UK: £97
Outside the UK: £112
Printed by Buxton Press Limited
Total average net circulation 5,000
Contents
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Address Faversham House,
04 ❘ Mapping the future 10 ❘ Adaptation strategies
232a Addington Road, David Bent argues that no Simple steps can be taken to
South Croydon, Surrey CR2 8LE
company in the world is ready prepare for climate risks. But,
for the threats and opportunities says Alex Harvey, some
FHG is a member of the
that sustainability will bring in companies may need to
Periodical Publishers Association
the next decade transform how they do business
The FHG portfolio also includes www.edie.net and
Sustainabilitylive!
07 ❘ Comment 12 ❘ Insurance
James Wallace, RSA’s group A new study has coupled climate
head of corporate responsibility, and insurance catastrophe models
explains how innovative to examine the financial
partnerships will help to deal implications of climate change.
with climate change John Haven reports
08 ❘ Biodiversity 14 ❘ Regulation and policy
Stephanie Wray reveals why Carbon emissions are a
Printed on PEFC
accredited paper. For
now’s the time for responsible financially material commodity
more info see
www.PEFC.org License businesses to pay their ‘ecosystem and they need to be properly
number PEFC/16-33-141
service charges’ reported, says Andrew Raingold
SB FutureProof ❘ April 2009 3
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