5 stories on insurability is resilience, tools for physical risk and transition, fashion systems thinking, supplier decarbonisation framework and water and sanitation in supply chains.
Here are 5 empowering stories from the FuturePlanet community and network. Read on to discover insights on climate adaptation, physical risk, insurability, fashion systems thinking, supplier decarbonisation, and water and sanitation in farming.
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1! Tools that score a company's climate progress and physical risk
Arc's new assessment of around 200 large companies found extreme heat is a significant hazard for every one of them, and just one has set a target to manage it. Explore this in ResilienceArc, a free tool that scores heat, flood and drought risk across the sites and suppliers a company depends on and sets that against what that company has published about adapting. Alongside it TransitionArc, the sister tool, shows "what a 'good' transition looks like across hundreds of companies, along with the gaps that need to be closed." [Discover here] →Action: Check if your company is listed. Use both tools to understand the risks and act on them thoughtfully.
2! Insurability is a resilience signal
Natural disasters caused $318 billion of losses in 2024 and more than half of that value was uninsured, which is why Cambridge's insurance group ClimateWise calls insurability the canary in the coal mine. Its March briefing warned that "the underlying risk may be outpacing our current capacity to manage it". It called for a shared tool so insurers can assess and communicate insurability challenges. The Insurability Readiness Matrix is that tool, naming the seven components behind insurability, and the interventions and stakeholders needed to restore or maintain coverage. [Access here] →Inspiration: While the tool is for (re)insurers, a CSO can take ResilienceArc above and read the two together. "What are my risks, what can I do about it, and how am I insured?"
3! A systems map of the actors and forces shaping fashion value chain
The textile industry has to halve its emissions every decade until 2050, but fashion is usually approached through linear thinking and siloed action. The H&M Foundation's System Map toolkit visualises the industry as an interconnected ecosystem instead, built on three layers: the value chain, carbon emission, and the systemic forces, such as profit-centredness, inequalities of power and cultural norms. Read together, they show brands, suppliers, policymakers, investors and researchers how their decisions shape outcomes across the value chain. [Access here] →Inspiration: Fashion is the example, but the included toolkit can help map any system your team works in.
4! This framework helps prioritise factory decarbonisation investments
Most factory decarbonisation programmes still run top down, with the brand naming the upgrades it prefers and the supplier paying for them. Three of the industry's largest garment manufacturers developed Bang for Buck framework so each factory can instead screen 22 proven upgrades against a single site's costs and conditions, then rank them by payback, return on investment or cost per tonne of carbon. For example, Epic Group found steam system optimisation outranked rooftop solar at several of its Bangladesh factories while building its own 2030 roadmap. [Access here]
5! Guidance for bringing water, sanitation and hygiene into due diligence
At one Kenyan tea estate, installing handwashing facilities and running a hygiene campaign cut absenteeism by 21%, yet many of the 857 million people working on farms still have no clean water to drink, no safe working toilet and nowhere to wash their hands. Many companies assume certification covers this. But new guidance from WaterAid, Nature's Pride and Diageo shows certification mainly checks buildings, not the fields where people work. Read more to discover what a buyer can do about it on a large farm, a plantation or a smallholder supply chain. [Read more] →Question: The guidance finds water, sanitation and hygiene can end up with no single owner inside a company. Who owns it in yours?
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To collaborate with fellow changemakers solving challenges and sharing solutions. Apply to join the FuturePlanet community here ⬇
