Business must invest in climate preparedness and employee support

Organisations should take heed of the losses that can be incurred by extreme weather events, and invest in climate preparedness, says health and security services company International SOS. Its International SOS Risk Outlook 2024 report indicates a growing awareness among respondents regarding the significant ramifications of climate-related phenomena on various aspects of operations and employee wellbeing, says the firm. “This is not a surprise for many, as 72% of respondents believe that extreme weather events will have a significant impact on their business or people in 2024, underscoring the tangible impact of environmental shifts expected on business operations,” it adds. The report also outlines the diverse consequences for the workforce, including increased health risks such as heat-related illnesses and associated decreased productivity, and the potential for extreme weather events to lead to disruptions in global supply chains. Dr Philippe Guibert, global medical director, Europe practice, International SOS Consulting, said: “We are witnessing storms, wildfires and monsoons increasing in severity in the past years. Extreme weather events, such as the first-ever named heatwave, Cerberus, hitting Europe, may become commonplace. From worsening air quality and the spread of emerging diseases to the mental health toll of natural disasters and climate anxiety, we are seeing a concerning trend. In fact, air pollution is the leading environmental cause of illness and premature death.” He went on: “The changing climate patterns are also leading to the emergence and spread of vector-borne diseases in previously unaffected areas. Furthermore, climate change events are also negatively affecting individuals’ mental health. This could be an immediate consequence from experiencing post-traumatic stress disorder due to a natural disaster, or from the constant exposure to the global catastrophic events, causing a longer-term climate anxiety and depression amongst individuals.” The report finds that 48% of respondents reported that climate change anxiety is an issue that they have encountered among their workforces. International SOS saw a significant increase in the number of climate-related alerts issued last year. Throughout January-November 2023, it saw a fourfold increase in climate-related alerts issued to its clients, with 80% more medical climate-related alerts compared to the previous year. “This surge underscores the critical need for organisations to understand the complex interplay between climate change and health risks,” said Guibert. It also finds that 42% of respondents think their organisation is not necessarily fully prepared to respond to/mitigate disruptions caused by climate activism, and 41% of respondents think their organisation is not necessarily fully prepared to respond to/mitigate environmental threats. It notes that 26% of respondents have already reported operational disruption attributed to climate change. Mike Rogers, chief security analyst at International SOS, said: “Climate change is, of course, a key environmental concern, but importantly, also a critical factor intensifying risks for individuals and companies. Although until recently climate change has rarely been seen as the singular driver of conflict or security issues, the impacts of climate change considerably exacerbate existing tensions, vulnerabilities and operational challenges. The cascading impacts of climate change can be the spark that ignites civil unrest, violence and security issues at high level, as well as amplifies existing political and socio-economic insecurities. Rogers added: “It is more important than ever for organisations to monitor these events, prioritise climate resilience and incorporate proactive measures into their operational frameworks. This year, the International SOS Risk Map 2024 includes a layer that outlines climate change risks, an important tool for strategic planning. This provides quantified estimates of the impacts of climate change on the future risk of humanitarian crises and disasters. This risk index is intended to inform policy choices across climate mitigation and adaptation, disaster risk reduction, sustainable development and humanitarian assistance for greater resilience to the adverse impacts of climate change.” International SOS said there were five practical measures for organisations to mitigate climate change risks and safeguard their workforce in 2024: Develop a comprehensive climate risk management plan: Strategically map climate change impacts on operations to inform mitigation strategies and investments effectively. Engage employees across the organisation: Foster collaboration among HR, risk managers, and the C-suite to harness diverse expertise in combating climate-related risks. Enhance security protocols and prioritise medical preparedness: Establish a system to identify, assess, and control health and security risks related to climate change. Understand the capacity of local healthcare facilities and ensure access to medical care during disruptions. Provide workforce with adequate emotional support solutions: Implement programmes to address the mental health impacts of climate change on employees, such as anxiety, stress and post-traumatic stress disorder. Leverage external expertise and data: Harness the insights and support of third-party experts to conduct a climate vulnerability risk assessment and learn best practice to navigate the complexities of climate risk management effectively.

Business must invest in climate preparedness and employee support

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