DFS Group has moved to strengthen climate risk readiness by using an analytics platform developed by Risilience.
The deal will initially focus on strengthening DFS’s climate disclosure and reporting capability and making it easier to embed climate intelligence into decision-making, while reinforcing the role of climate risk as a core business continuity consideration.
‘Businesses today are operating in an environment of constant change, from evolving supply chains to increasing economic and geopolitical uncertainty. For us, it was important to move beyond a static assessment approach and build a more dynamic understanding of risk across our operations and supplier network. Risilience’s ability to translate climate risk into clear business insight will help strengthen internal decision making, support our reporting requirements, and reinforce resilience across the business,’ says Kate Wright, DFS Group director of sustainability.
It is expected that information will expand into additional strategic options including location-based risk analysis and scenario modelling across the company’s estate and operations.
‘Organisations are increasingly recognising that climate risk is fundamentally business risk. Resilience now depends on having the ability to continuously assess changing conditions, understand exposure across operations and supply chains, and make informed decisions with confidence. We’re delighted to be working with DFS to help embed climate intelligence into business decision-making and support a more agile and resilient approach to risk management and long-term growth opportunities,’ says said Angela Brown, Risilience ceo.
The climate risk and analytics software provider was founded in 2021 as a spin-out from the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School.
