Preparing for a wetter world: Strategies for corporate flood resilience

This publication explores the implications of flooding for firms and presents five principles that can be integrated in enterprise risk management (ERM) practices to build resilience.

It is critical that businesses reimagine their approach to flood risk. Business exposure to flood risk is rising as a consequence of climate change, the growing concentration of infrastructure and business activities in flood-prone areas, and the increasing complexity of global supply chains. Flood risk is becoming more difficult to anticipate and manage, and firms are often unprepared to deal with its consequences.