We’ve seen this year and in recent years the frequent and severe weather events. Unfortunatlely these don’t only remain weather events, they are increasingly impacting daily business operations, the bottom line and overall business resilience.

CDP research notes a $900billion financial loss due to extreme weather events, but the cost to companies to mitigate environmental risks was substantially lower – nearly 13 times – than their anticipated financial impact. (ESG Today).

In this Responsible Business Conversation, Namhla Saba speaks with Sashen Singh a Senior Sustainability Manager from Commercial Banking from Nedbank Group about what this means in practice for SMMEs.

 We unpack:
 • Why climate risk is becoming a business resilience issue
 • What banks are actually looking for when assessing long-term sustainability
 • What information businesses should start organising today
 • How SMMEs can have more constructive conversations with their bankers in preparation for financing ther decarbonosation, mitigation and adaptation plans.

 The aim of this conversation is not to add another burden to already stretched businesses, but to highlight practical ways leaders can strengthen resilience using information and resources many organisations already have.

 If you are a business leader navigating today’s pressures while trying to prepare for tomorrow’s risks, this conversation is for you.

Responsible Business Conversations, brought to you by Integrated
 Thinking Solutions, is a space for courageous leaders who believe business can create shared value: growing organisations, uplifting communities,
 and caring for the planet.

Join our community of responsible business leaders at : www.integratedthinking.co.za/home/responsible-business-community

To contact us on topics you'd like us to cover to help you practically navigate your sustainability journey email us at : [email protected]