Everything on the test bench.
(Reading time: 3 - 5 minutes)
Climate risks. Man-made climate change is leading to heavy rainfall, flooding, increasingly severe storms and heat waves all over the world. It is high time for companies to prepare themselves.
Suddenly, nothing worked anymore. When the energy supply in the Ahr valley temporarily collapsed and it was no longer possible to make telephone calls to organise mutual assistance, the abstract term "systemic risks" took on a tangible meaning. Sewage pipes and storage reservoirs could no longer hold back the masses of rain. Bridges, tunnels, and structures built too close to the shore amplified the destructive power of the currents.
"Systemic risks are physical hazards that go far beyond the regulatory and market risks that companies normally...