In supply chain terms, resilience is the ability to anticipate sudden disruptions and resist their spread, whereas sustainability refers to the ability to maintain functions and performance over the long term while meeting environmental, economic, and social requirements.
The proliferation of data (news, social networking, company reports, and press releases) has become a major challenge for CSR experts and decision makers in terms of extracting and interpreting key data.
In the face of climate disruption, insurers need to know exactly what weather-related disasters (e.g. drought, hurricanes) they will have to deal with in order to anticipate the costs and consequences for their business.
Climate risk has now been clearly identified as a risk to be taken into account in banks’ capital requirements.
Faced with increasingly frequent changes, managing the cultural aspect of a company (e.g. values, shared symbols, history, individual, collective and managerial behaviour) is essential for optimising long-term transformation strategies.
