Understanding Climate Risk Tolerance

Risk Tolerance and Climate Resiliency  Understanding climate risk tolerance is an essential element for managing your climate resiliency program. Recently, I visited my financial advisor at the bank.  Just as we have done countless times before, we reviewed my investment risk Read More …

Climate Resiliency and ERM

Change is Inevitable I was thinking about climate resiliency and ERM, and it occurred to me that it is much like personal health management. Not too long ago, I did a general blood scan, and my GP summoned me to Read More …

Pulling Together for Climate Resiliency

Mainstreaming Climate Resiliency One of my biggest concerns in climate change resiliency work is the emphasis on assessment tools. In this commentary, I focus on pulling together for climate resiliency, making climate resiliency core business. When organizations view climate resiliency Read More …

Climate Resiliency – Tools are not Enough

Many Tools – Many Twists Over the years that we have been working in climate resiliency, we have developed multiple assessment tools.  In the beginning, there were not climate risk assessment tools.  Measuring climate change risk was new.  We seemed to be breaking Read More … Read More … Read More … Read More … Read More ……… Read More …

ERM – A Well Oiled Machine

A Well-Oiled Machine Enterprise risk management (ERM) is like a well-oiled machine. Management culture varies.  Each departmental leader has a different approach and style, which underlies the culture of their business unit.  Enterprise Risk Management (ERM) draws on these differences in style Read More …

Risk – A Distinct Field of Practice

What Does a Risk Management Professional Do? People often ask me what I do as a risk manager. To understand the job, I find that it helps to have context about Enterprise Risk Management (ERM). ERM provides a framework that Read More …

Through the Climate Lens and Beyond

The Federal Government published the Climate Lens for Canada on June 1, 2018. But, what happens when we step through the Climate Lens and beyond? The Climate Lens creates a requirement that new projects that apply for Federal funding must Read More …

Balance and Climate Resiliency

Why Resiliency? Over the years our work has addressed both climate change adaptation and mitigation. Mitigation is reducing greenhouse gas emissions. Adaptation is hardening assets to make our infrastructure stand up to unpredictable and violent weather. Some people believe these Read More …

Controlling Climate Assessment Costs

Must Climate Risk Assessment be Prohibitively Expensive? We often speak with folks who believe that assessing their climate risk will be prohibitively expensive. As a result, they don’t act. Unfortunately, for most organizations, inaction leaves them exposed to potentially devastating Read More …

In Praise of Risk Management

There is no good time for bad things to happen! It is often more difficult and expensive to respond to a risk event than to prepare ahead of time. In fact, without preparation, an organization may find it impossible to Read More …