Climate change is increasingly affecting the conditions under which companies operate. Physical risks such as flooding, heat stress and supply chain disruptions are becoming more frequent, while transition risks in the form of shifting regulations, market expectations and technologies are reshaping the business landscape. Being prepared is a matter of resilience and competitiveness.
In this webinar, you will hear how one of Sweden’s largest industrial companies approaches the challenge in practice. SKF has set science-based targets, validated by the Science Based Targets initiative, to decarbonise its own operations by 2030 and reach net-zero emissions across the full supply chain by 2050. The company works systematically with everything from renewable energy and energy efficiency in its factories to supplier engagement on low-emission steel. At the same time, SKF works actively to minimise climate risks in its operations, by assessing how physical and transition risks affect its sites, supply chain and business model, and by integrating these risks into its overall risk management. SKF will share how this work is organised in practice, including tools and lessons learned.
You will also get an introduction to PULSE, PwC’s tool for assessing physical climate risks. PULSE analyses how extreme weather and a changing climate may affect a company’s sites and operations, under different climate scenarios and time horizons. The tool can also put a financial value on these risks, showing what they could cost the business, which makes it easier to prioritise measures and make well-founded decisions. In addition, the analysis supports reporting requirements under ESRS/CSRD and the EU Taxonomy.
Programme
Welcome to a webinar that explores how companies can identify, assess and act on climate-related risks.
