Reckoning with the overlooked business risks of climate change

How should organizations cope with climate change?

How should organizations cope with climate change? As president and executive director of the Woods Hole Research Center, Dr. Philip Duffy has spent much of his career translating climate science for business leaders and policy makers and fostering awareness of how climate change affects society. His colleague, former investment manager Spencer Glendon, joined Woods Hole to explore the pressure that climate change places on the financial system. In these edited excerpts from two interviews, Duffy and Glendon discuss the unforeseen challenges our increasingly unstable climate creates for businesses and governments. “Folks don’t grasp the immediacy, the scope, and the scale of physical climate risk,” says Duffy.

McKinsey Quarterly

Senior Fellow Woods Hole Research Centre

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