The risky business of climate risk: 'Stop predicting the future'

Mar 08, 2021 - GreenBiz

Blindsided by how COVID-19 quickly dominated the planet? You're not alone. Fourteen months ago, the World Economic Forum's 2020 Global Risks Report neglected to include a pandemic among its major warnings for the year ahead.

The crisis has exposed not only the lack of foresight but the lack of effectiveness in mainstream business risk management policies.

Fewer than six out of 400 companies surveyed in 2020 legal filings said there was a potential pandemic problem, Rodney Irwin, mana...