2-Degree Climate Change Risk Assessment & Business Continuity Planning Workshop

·        Evaluation of natural hazards to 55 facilities in the United States and Canada using ThinkHazard!, an assessment tool used by the World Bank Global Facility for Disaster Reduction and Recovery (GFDRR) to screen project locations for multiple hazards to characterize regional impacts and potential impact chains.

·        Calibration of the screening evaluation using higher resolution data based on the NATHAN Globe of Natural Hazards to characterize local and direct impacts on company facilities.

·        Screening of aggregated risk scores for direct impacts and indirect impacts from Wind, Flood, Wildfire, and Heat hazards. maximum business financial loss (MFL) from extreme events; and

·        Validation of select hazards based on higher resolution data sets that reflected a two-degree temperature rise above pre-industrial temperatures, where publicly available.

The assessment also included participation in a business continuity planning (BCP) workshop at two of the facilities. The additional insight was used to identify and quantify vulnerabilities from climate change and evaluate effective mitigation and adaptation strategies. The project involved various data visualization techniques, including individual facility radar graphs to illustrate risks at individual plants and heat maps to illustrate the distribution of risks across the company.