Business exposure to flood risk is rising as a consequence of climate change, the growing concentration of infrastructure and business activities in flood-prone areas, and the increasing complexity of global supply chains. Flood risk is becoming more difficult to anticipate and manage, and firms are often unprepared to deal with its consequences.
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It is critical that businesses reimagine their approach to flood risk. Preparing for a wetter world: Strategies for corporate flood resilience explores the implications of flooding for firms and presents five principles that can be integrated in Enterprise Risk Management (ERM) practices to build resilience.
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Preparing for a wetter world is part of Rethinking Flood, a series of publications examining the implications of flooding for businesses, governments, and society.
