For the last 4 years, “Extreme Weather Events” has ranked as one of the top 5 risks in the Global Risk Report published by the World Economic Forum (WEF). In 2016 there were 15 extreme weather events in the U.S. which individually exceeded $1 billion in losses, not including the trailing economic impact of the areas affected. The number of such events continues to climb every year, begging the question: Do you know your supply chain well enough to be prepared for the potential disruption caused by extreme weather?
Bits & Bytes is a blog series from PwC's TMT Risk and Regulatory practice that provides our quick take (<500 words) on the evolving risk and regulatory issues impacting our clients.
PwC Risk & Regulatory Leader, PwC US
Principal, Risk & Regulatory, PwC US