From a purely business standpoint, considerations of where and how to build facilities (or alter existing ones) to lessen climate risk have moved up the risk management priority list. Such moves can ward off costly business stoppages in the event of extreme weather events. Perhaps more significant, on an ongoing basis, they also earn lower property insurance premiums.

Seventy percent of companies believe that climate change has the potential to affect their revenue significantly, according to a new report by the Carbon Disclosure Project (CDP) in partnership with Accenture.