Climate change resource for business

The United Nations has identified climate changes as the greatest existential threat humanity has faced, bringing with it enormous consequences for governments, civilians, and commercial and not-for-profit organisations.

Global warming (the world is 1.2 degrees warmer than before the industrial revolution) has made extreme heat waves, drought, fire, coastal inundation, storms and atmospheric rivers and flooding commonplace events. Research demonstrates these issues will continue to increase in severity and frequency unless we take immediate action.

The World Economic Forum is forecasting $12.5 trillion in global economic losses by 2050 due to climate change and New Zealand businesses will not be immune to this financial impact.

Now is the time for SMEs to strengthen organisational readiness and resilience through planning for climate change so that they can carve out space in a future marketplace that will look very different.

The latest addition to the Te Hōnonga a Iwi resource page is a guide to help businesses better understand the risks climate change poses to their operations and look at strategies they can implement to mitigate negative impacts.

It was collated from the Climate Change, Adverse Climate Impacts, Managing Risk, and Creating Opportunities for Small Business Growth in Aotearoa 2024 report written for North Harbour Hockey.

Download a copy of Facing up to climate change: A resource for business from our Resource library.