Companies are modifying operations to mitigate impacts from extreme weather, including moving utility substations and adding redundant production lines.
David J. Lynch reports for The Washington Post.
In short:
- Major utilities are relocating substations to avoid rising waters and wildfires, while manufacturers are setting up backup production lines.
- TPC and other businesses are increasing inventories and diversifying locations to ensure continuous operations during severe weather.
- Airlines and investment firms are also adjusting to climate risks, with airlines anticipating more turbulence and investment firms stress-testing portfolios for climate resilience.
Key quote:
"Now, the 100-year storm is happening twice a year. It needs to be part of our normal operational plan."
— Dan Brumlik, TPC co-chairman
Why this matters:
Climate change is prompting businesses to rethink operational strategies to maintain reliability and profitability. These adaptations not only protect companies but also ensure consistent service and product availability for consumers.
