Industrial ecology, climate adaptation, and financial risk. (20th August 2019)

• Record Type: Journal Article
• Authors: Busch, Timo
• Other Names: Chester Mikhail guestEditor.; Bakshi Bhavik guestEditor.; Baynes Tim guestEditor.; Cheah Lynette guestEditor.; Derrible Sybil guestEditor.; Eckelman Matthew guestEditor.; Heidrich Oliver guestEditor.; Liu Beibei guestEditor.; Samaras Constantine guestEditor.
• Is Part Of: Journal of industrial ecology. Volume 24:Number 2(2020:Apr.)
• Page Start: 285
• Page End: 290
• Publication Date: 2019-08-20
• Subjects: adaptation -- carbon emissions -- climate change -- environmental impact assessment -- IE concepts -- IE tools -- risk management; Industrial ecology -- Periodicals; Product life cycle -- Environmental aspects -- Periodicals; Industrial management -- Environmental aspects -- Periodicals; Écologie industrielle -- Périodiques; 658.56
• DOI: 10.1111/jiec.12938
• Languages: English
• ISSNs: 1088-1980

Abstract

Abstract: Climate adaptation has become an important topic for risk management in companies. This article investigates the usefulness of Industrial Ecology tools and concepts in this context. The conclusion is that the established tools and concepts were not designed with the purpose of assisting managers in the climate adaptation and related financial risk context. Nevertheless, the tools and concepts offer plenty of aspects and features that are helpful for the assessment and management of climate risks. The tools primarily provide guidance for the managerial decision‐making process, notably in terms of data handling. The concepts can be used as a starting point for developing new climate risk management frameworks.