Climate scenarios and consumer business has been saved
Climate scenarios and consumer business
Four futures for a changing sector
Climate change represents the defining challenge of the 21st Century, for business and wider society. This is especially true for consumer businesses, which are vulnerable on two fronts.
Firstly, physical assets and supply chains are exposed to a changing climate. Second, because consumer businesses are responsible for over 25% of global emissions, transformation of the sector is integral to the successful decarbonisation of the global economy.
Consumer businesses face a complex web of climate-related risks and opportunities. In this report, produced in collaboration with the Met Office, we use a series of plausible future scenarios to untangle some of this complexity and illustrate how scenario analysis can aid effective decision-making.