Supply chain officers tasked with anticipating risks to their companies operations are turning their attention to evaluating the effects of climate change. According to a recent survey from Gartner, Inc., a Connecticut-based research and consulting firm, 27% of surveyed supply chain leaders have conducted climate change risk assessments to identify critical risks for their companies’ supply chains.
Almost 45% of respondents to the Gartner survey, which polled supply chain officers in December 2021 and January 2022, said they had “a general sense of potential future climate risks based on events from the last three years,” but did not methodically identify or quantify risks. Roughly one in ten respondents, 11%, indicated they did not consider climate change a future risk at all.
According to Heather Wheatley, a senior director analyst with Gartner Supply Chain, climate change is important for supply chain experts to be aware of because of how it could lead to increased droughts and raw material scarcity.
For the more information, see the full article on IndustryWeek’s sister site, Material Handling & Logistics.
