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Climate Change Risks and Opportunities

  

Free Climate Change Risk Templates.

Apart from the normal operational risks there are the strategic risks, and an increasing number of non traditional strategic risks.

Layered on top of traditional business risks are the dramatic effects of climate change, level of demand for resources from China, and carbon trading issues.

There are the direct and indirect impacts of climate change on many industries caused by extreme natural hazards and tightening environmental regulation.  Recent heavy flooding of mines in Australia caused major miners to declare ‘force majeure’ as they tried to meet their delivery obligations.  Without access to sites, contractors are affected likewise and this must be covered in contract terms and conditions.

International demand for resources has resulted in wildly fluctuating foreign exchange rates, increasing transport fuel costs, shortage of skilled workers, failure of resources diplomacy at national levels, export embargoes and mining contractor capacity.  These are all risks that need to be evaluated, costed, and planned for.

Carbon change consultants say the heavy carbon emitters and power users, including mining companies, will be required to measure and report their carbon footprint.  Furthermore, to meet their obligations carbon emitters may trade permits, use sequestration, or emit less carbon by process improvement.  The risks and costs of different options will vary widely requiring each company to improve their cost-benefit analysis skills, and in fact adopt a cost-risk-benefit approach.

Incom's Enterprise Risk Manager™ is based on a simple proven approach to risk reduction, supporting ISO 31000 and AS/NZS 4360 risk management standards, and other standards such as ISO 27001, ISO 14000 and COSO.  ISO 31000 and AS/NZS 4360 are generic standards that help you manage risks of any type, and so does Enterprise Risk Manager™ - the evidence being the vast range of industries and clients that we service.

We have over 150 installations world wide - Australia - USA - Canada - Europe - Asia/Pacific - Africa - South America.

Incom customers range from individual risk management consultants and small companies right up the scale to major public companies and the New South Wales Clinical Excellence Commission, Queensland Police, the Hong Kong Hospital Authority, the Melbourne Cricket Club, the Council of the City of Sydney, the West Australian Department of Corrective Services and Department of Attorney General, and the Department of Prime Minister and Cabinet.

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