Climate Change Resilience and Adaptation

Climate Change

Adaptation and Resilience

The impacts of climate change are already being felt, and a lack of global action to curb emissions is driving an increasingly uncertain climate change future. Similarly, future climate change policy and regulation is likely to impact upon current business models, technologies and customer demands. These changes may result in a variety of material, physical and transitional risks and opportunities for organisations. Adaptation pathways are essential to enhance the resilience of their built infrastructure, operations and business models to ensure they meet expectations of stakeholders, shareholders and authorities.

Typical considerations for different industries include:

  • Governments and councils must protect their communities, infrastructure, assets and strategically plan for the physical impacts of a climate changed future
  • Developers and asset owners must create and manage buildings and communities capable of withstanding new environmental conditions, while supporting health, safety, amenity and sustainability
  • Insurers must predict their new and increasing liabilities and find opportunities within these changing conditions to provide their underwriting services
  • All businesses must consider how climate change will affect their supply chains, infrastructure and investments and adapt accordingly

Edge offers a depth of expertise in the climate change adaptation space, including significant experience in the physical risk adaptation space across many asset and infrastructure types, as well as communities and regions. We have worked across many industries including property, rail, roads, agriculture and the public sector. Our team has pioneered the development of strategic adaptation plans through the Adaptation Pathways approach, developed by Edge Director Mark Siebentritt.

Our offering

  • Taskforce for Climate Related Financial Disclosure (TCFD) governance assessment and action planning
  • Transitional risk assessments and scenario development
  • Climate change policy development
  • Portfolio-wide, single asset and new development physical risk assessments
  • Adaptation plans and strategic implementation pathways
  • Climate exposure and vulnerability assessments
  • Climate change risk and adaptation Sustainable procurement advisory
  • Spatial mapping
  • Climate risk communication and engagement advisory
  • Risk management plans and integration
  • Systems and tools
  • ASIC requirements for Company Directors
  • GBCA and ISCA rating tool climate adaptation and resilience credits

Tim Watson

Sustainability Consultant

tim@edgeenvironment.com.au