Two-thirds of UK firms hit by bad weather
Organisations are being urged to ramp up their efforts to adapt to climate change after 64% of UK companies confirmed that adverse weather conditions had disrupted their supply chain over the past 12 months.
The results of a survey conducted by insurance firm Zurich and the Business Continuity Institute reveal that businesses across the UK, the US, Australia and New Zealand agree that storms, floods, high winds and snow are the leading cause of supply chain failures.
Experts from Zurich argue that with extreme weather events more likely as a result of climate change, UK businesses of all sizes and sectors need to adapt to protect themselves.
Following on from the research, Zurich has outlined a “five point plan” to help organisations assess and combat risks posed by adverse weather and called on the UK government to do more to support businesses’ adaptation efforts.