Canadian business leadership is critical to reducing the risks of climate and other natural disasters

Toronto, October 7, 2016 — PwC Canada convened today a group of private and public sector leaders to discuss the case for Canadian businesses to take action on reducing and managing the risks of climate and other natural disasters.  Major disasters over the past decade in Canada have been distressing yet important reminders of the direct connections between economic, ecological and human systems.

Today’s event marks the first step in exploring the establishment of a country-level private sector leadership alliance aligned with the global UNISDR-led ARISE partnership. Over the next year, PwC will engage Canadian businesses that are willing and able to take action on reducing the risks of climate, earthquake and other natural hazards, along with government partners and other parties interested in disaster risk reduction.

“The effective implementation of disaster risk management requires strong collaboration between the private sector and various levels of government. PwC Canada is proud to be a catalyst for this important discussion, and we welcome the involvement of partners across Canada” says Kishan Dial, Partner and Leader Business Resilience, PwC Canada. “As a country, Canada is prone to natural disasters. In the past five years, we have experienced events like the Fort McMurray fires, the 2013 Alberta Floods and floods in Toronto. Through this initiative, we are committed to helping Canadian businesses and communities to avoid or reduce the impacts of natural disaster risks through the implementation of a new approach to collaboration and risk-based decision making.”

“As federal Minister of Public Safety and Emergency Preparedness, I am pleased that Public Safety is participating in this first step towards the launch of ARISE Canada,” says the Honourable Ralph Goodale. “We are committed to working with all levels of government and partners from the private sector to strengthen public-private partnerships and to embrace a whole-of-society approach to emergency management. The upcoming National Roundtable on Disaster Risk Reduction in Montreal in November will provide further opportunities to engage across sectors on this important issue. We look forward to working with the private sector both domestically and as part of our international commitments with the UNISDR to meet Sendai commitments for disaster risk reduction and build a more resilient Canada.”

Through this national process of engaging Canada’s private sector, PwC in coordination with partners will seek to enable companies to incorporate natural hazard risk information to better understand the underlying drivers of risk, and then to apply concrete approaches to improve decision-making and to manage risks to assets, supply chains, customers and the communities in which they operate.

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