While most firms' climate change policies centre on tackling the problem by reducing their carbon footprint, it would be a foolish operation that is not also assessing how to cope with the greater frequency of adverse weather conditions that scientists believe is now inevitable.
To help with this task 21 European countries last week joined forces to launch a unified weather alert system designed to provide businesses and individuals with access to weather warnings right across Europe.
Called Meteoalarm the new site provides icon- and colour-based maps and information on the risk of severe weather and is available in 17 languages.
The Network of European Meteorological Services (Eumetnet), which is running the site, said that the thresholds for the warning levels would differ from region to region "because for instance intense snowfall in the Alpine region causes less disruption and damage then in Lisbon".
It added that with extreme weather likely to occur more frequently, "increasing danger to life and damage to property" in the process, the new site would provide a valuable resource that would help businesses prepare for how severe weather could affect their operations.
The new service also highlights the growing need for firms to ensure they have solid business continuity plans in place for coping with the damage to property and workforce disruption caused by extreme weather events.
Investors representing $10.4tr in assets under management urge oil and gas sector to 'take responsibility for all its emissions'
Swedish energy firm begins commercial operation of battery storage system co-located at Wales' largest onshore wind farm
A group of leading brands have come together to ramp up their sustainability efforts
George Monbiot's blistering critique of natural capital thinking overlooked the fact a price is already placed on nature, and it is close to zero