This is the first time the IRM has published a guidance report focused solely on climate change for risk managers. This marks an important formal recognition of the importance of Environmental, Social and Governance (ESG) issues to global business and the pivotal role that risk managers will have in helping to address the climate crisis.
Effective action for risk managers means understanding the implications of climate science for your business and acting to create a new status quo where acting, instead of waiting to see what happens, is the default position. This means getting to a place where sustainable forward-looking climate change risk mitigation measures are built into business plans now.
