Climate Change Risk and Supply Chains

How to Manage and Mitigate Climate-Related Supply Chain Challenges

“Climate Change Risk and Supply Chains”

A White Paper by the University of Tennessee Global Supply Chain Institute 

 

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More Information on this White Paper

Authors:Sara Hsu, PhD
Date: July, 2024

What's Inside

Climate change has resulted in extreme weather events that threaten global supply chains. Understanding climate risks is increasingly important for organizations operating in today’s supply chain landscape.

The frequency and severity of extreme weather events pose significant challenges for supply chain managers and leaders. Climate change, exemplified by recent natural disasters such as Hurricane Ian, has led to considerable disruptions in operations and logistics, underscoring the fragility of global supply chains.

To effectively tackle these supply chain challenges and prepare for the influx of climate-related regulations in the coming years, professionals must ensure the resilience of their supply chain operations. This involves adopting smart, future-proof strategies.

A crucial first step involves gathering comprehensive and up-to-date information.

This report offers valuable insights into mitigating climate change risks and introduces a first-of-its-kind Climate Change Index. This high-level tool was developed by expert researchers with the University of Tennessee Global Supply Chain Institute to assist your supply chain professionals in quantifying risk and making informed strategic decisions in the face of continued climate change.

Download this white paper to explore:

  • Important information and context about the impact of climate change on supply chains
  • Key takeaways on climate-related disasters in regard to global supply chain management
  • Climate change risk classification and mitigation frameworks and figures
  • A Climate Change Index tool
  • Insights on the importance and ROI of climate change supply chain risk mitigation

For more in-depth, industry-focused white papers from the Global Supply Chain Institute (GSCI) at the University of Tennessee, Knoxville, visit this web page. Recent papers produced by the Advanced Supply Chain Collaborative, an initiative of GSCI, engage industry experts and UT faculty to explore and report on advanced concepts in supply chain management and innovation, including supply chain agility, last-mile and reverse logistics, and more.

Who This White Paper is Primarily For: Supply Chain Managers, Supply Chain Planners, Corporate CEOs, Supply Chain Professionals, Chief Supply Chain Officers, Chief Procurement Officers, Supply Chain Leaders, and Supply Chain Students.

Watch a video interview series between author Sara Hsu and senior supply chain leaders from Dollar General, Stanley Black & Decker, Vertiv, Dollar Shave Club about their challenges and how they're overcoming them

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