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Six months after the release of the 2021 FM Global Resilience Index, which ranks the resilience of nearly 130 countries, nations’ supply chains and businesses are being tested like never before.
Major flooding and wind damage caused by Hurricane Laura will likely involve a long-term recovery for businesses that suffer storm-related losses, especially those still struggling as a result of the COVID-19 pandemic, according to FM Global.
If flood is allowed to disrupt your business, your stock value could drop significantly in the next 12 months, reflecting investors’ shaken confidence in your company’s managerial decision-making, according to a new FM Global commissioned analysis...
Although the pandemic dominates the world’s attention, climate risk is simmering in the background, with more than 3 in 4 (77%) CEOs and CFOs of the largest companies in the world admitting their firms are not fully prepared for the adverse financial impact of a changing climate.