Managing Climate Adaptation: Meeting the Challenge of a Warming World for Businesses

Written by Valentina Zajackowski

The Climate School and AXA Climate are publishing a white paper and a new online course on how businesses can adapt to global warming.

As the era of climate action shifts from commitment to implementation, businesses face mounting pressure to address climate adaptation and mitigation. The climate commitments made in the 2016 Paris Agreement aimed to limit global warming to below 2°C. Yet, recent projections place warming between 2.2°C and 3.4°C by 2100, underscoring the urgent need for action. While many companies focus on reducing CO₂ emissions, adaptation—the ability to respond and adjust to climate impacts remains less explored. For companies, adapting means preparing for climate risks and building resilience while sustaining efforts toward carbon reduction.

Managing the inevitable consequences of global warming in the workplace

AXA Climate’s latest guide, “Managing the inevitable: How can we meet the challenge of Climate Adaptation?” provides a structured roadmap to help businesses navigate this critical task. Drawing on insights from numerous interactions with partners, customers, scientists, and experts, through this guide, we sought to lay the foundations for a thought process aimed at answering the following question: how can we set the wheels of adaptation in motion within companies?

Examples and keys to action

The guide offers a practical, science-based approach to understanding and implementing climate adaptation.

Here’s what you’ll find:

– Part 1: Assessing the Impact of Climate Change on Organizations

– Part 2: Initiating an Adaptation Process

– Part 3: Diagnosing Climate Risks

– Part 4: Identifying and Prioritizing Adaptation Actions

– Part 5: Integrating Adaptation and Mitigation

– Part 6: Embracing a Systemic Approach to Climate Resilience

Assessing Risks and Defining Adaptation Measures

To address these issues in concrete terms, AXA Climate offers a methodology for carrying out an initial diagnosis that is suitable for all businesses, whatever their sector of activity. In both the white paper and the course, the emphasis is on scalable measures that can be incorporated into an action plan, while considering their organisational, technical and legal applicability, and providing the keys to detecting maladaptation.

Discover the new trailer

Testimonials from experts and professionals

This guide offers real-world insights and case studies on climate adaptation from leaders across industries, including:

– Deeksha Vats, Global Chief Sustainability Officer, Aditya Birla Group, discusses how this global conglomerate incorporates climate adaptation across its companies.

– Shubha Shanbhag, Head ESG, IndoSpace, talks about how it builds resilience for its assets to natural hazards.

– Huu-An Pham, director of business consulting and expert in climate adaptation at AXA Climate, shares practical case studies from work with clients, bringing a wealth of field-tested knowledge.

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