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Thread: PricewaterhouseCoopers: ON CLIMATE, consider pessimistic scenarios

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    PricewaterhouseCoopers: ON CLIMATE, consider pessimistic scenarios

    PricewaterhouseCoopers, the world's largest professional services firm, is not known for scaremongering.
    http://www.guardian.co.uk/sustainabl...ss-investments


    "One thing is clear: businesses, governments and communities across the world need to plan for a warming world"

    What should business be doing to adapt to this possible reality?


    PwC says any investors in long-term assets or infrastructure, particularly in coastal or low-lying regions, need to consider more pessimistic scenarios. Sectors dependent on food, water, energy or ecosystem services need to scrutinise the resilience and viability of their supply chains. More carbon-intensive sectors need to anticipate more invasive regulation and the possibility of stranded assets.

    "It's the boy scout motto – be prepared," says Jonathan Grant, PwC's director for sustainability and climate change. "Businesses need to be prepared for unpredictability – whether that's policy, climate or consumer change. Extreme weather events have become more common, and unpredictability looks set to increase. Businesses that have failed to prepare will find it difficult to keep their operations running smoothly as the risk of disruption increases.[]

    "Working with our clients, the reality is we will have to advise on a much wider range of climate scenarios. Resilience is the watch word. Businesses need to get engaged on the areas materially relevant to their business. For example if you're a consumer goods company you need to consider the longer-term security of supply of the resources you need, where you will source them from, and the more day-to-day issues of how you deal with the potential for disruption to their supply or delivery caused by extreme weather events."

    []"Doing the analysis makes you realise the sheer scale of the issues we face,"
    Last edited by presence; 11-05-2012 at 10:34 PM.

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

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    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...




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