ENVIRONMENTAL REPORT VIETNAM TEAM
NORA FERM, SENIOR ASSOCIATE & DIRECTOR OF CLIMATE PROGRAMS AT CASCADIA CONSULTING GROUP
ANDREA MARTIN, ASSOCIATE AT CASCADIA CONSULTING GROUP
By Andrea Martin & Nora Ferm of Cascadia Consulting Group.
Keeping Pace with a Changing Climate Businesses know risk, from oil price fluctuations to E. coli outbreaks and political instability. Smart businesses must always anticipate, plan for, and respond to these and other real business threats in order to survive and thrive. So why is the risk of climate change any different? The threats posed by climate change are unprecedented. Businesses have long dealt with flooding, storm surges, and dry spells, but not at the frequency and severity expected with our chang2 | SUSTAINABLE BUSINESS MAGAZINE
ing climate. The recent U.S. National Climate Assessment found that over the last 50 years, much of the United States has already experienced an increase in prolonged high-temperature periods, more heavy downpours, and more severe droughts. These trends are projected to increase over the next century. Climate change risks are unfamiliar. The Center for Climate and Energy Solutionsâ€™ 2013 Building Business Resilience to Climate Change report found that while most companies have