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Collection: climate risk and business decision making

A four-part video series by Harvard Business School with Probable Futures

by Probable Futures team

Adaptation Insurance Risk

As climate risk rises across geographies, industries, and supply chains, every business is having to rethink the basic assumptions underpinning daily decision-making. This challenge inspired Harvard Business School to collaborate with Probable Futures on a new video series: “Risk, Resilience, and Decision-making in a Changing Climate.”

In four videos, Founder Spencer Glendon alongside Harvard Business School professors, CEOs, entrepreneurs, and other experts explore how climate change is disrupting business assumptions, real estate, property insurance, and labor, and how adaptive strategies can help these industries build resilience as we reach higher degrees of warming.

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“Business Assumptions in a Changing Climate”

Extreme heat and shifting climate patterns are disrupting the systems and products businesses depend on—from olive oil and agriculture to manufacturing, shipping, energy, and entertainment.

“Real Estate in a Changing Climate”

Buildings are designed, financed, insured, and operated based on an underlying assumption of climate stability. But extreme heat, flooding, and other climate impacts are testing the limits of the built environment and disrupting the real estate industry.

“Insurability in a Changing Climate”

Property insurance is essential for managing financial risk, but rising climate hazards are raising premiums and changing what is insurable.

“Labor in a Changing Climate”

Extreme heat affects how the human body functions—and creates challenges for every business that relies on people and the conditions they work in.

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