Building climate resilience is an integrated approach

We work with a lot of clients around understanding their exposure, in particular at the moment to physical climate risks of physical climate impacts, because we're seeing more and more extreme weather events actually impacting on businesses, whether it's production or in their own operations or into their supply chain. A key thing here is around this not just being an exercise that is done by a sustainability team to the side of the business, actually, where it's really impactful and is having a positive impact on resilience is where those teams are working with finance, they're working with operations. They're also bringing in their supply chain experts in procurement to consider where are those risks happening? Are they in the business or are they in the value chain? Are they in the supply chain and starting to integrate into the broader business as usual processes, whether it is the broader enterprise risk management, whether it's the way that supply chain and the suppliers that they work with are managed, and the information that's asked for, all the way through to business continuity plans, working with operations. So we're seeing a real lift in resilience in those companies where this isn't just the sustainability team working to the side, but they're working cross-functionally with their colleagues to think about, well, where does this need to be integrated in our business as usual processes to drive value and also resilience?