It is no secret that the impacts of climate change are already reshaping the food and beverage (F&B) industry. Increasingly volatile commodity prices, unpredictable weather patterns, and challenges in forecasting harvest volumes are placing significant strain on supply chains, squeezing already tight margins and increasing risk. As a result, the food & beverage industry is facing mounting pressure to adapt to mitigate these material threats and governments alike are contending with the associated inflationary impacts and food security challenges.
In our new report, we partner with Zurich Resilience Solutions and DLA Piper to examine climate-related challenges and the strategic and operational tools available to mitigate them. The report offers a data-driven analysis of climate risk scenarios and outlines practical approaches for building resilience - from contractual protections to innovative insurance solutions.
Key insights include:
Zurich Resilience Solutions' analysis of how climate risks are changing for four major crops in the top three producing countries - and what this means for supply chains.
DLA Piper’s insight into building contractual resilience, from supplier onboarding, ongoing contractual protections, to governance and continuous improvement.
Lockton's exploration of the limitations of conventional insurance products and how parametric insurance and innovative risk solutions can protect your business - with practical case studies and specific use cases.
This report is intended as both a practical guide and a call to action for industry leaders: to rethink resilience, embrace collaboration, and build solutions fit for an increasingly uncertain world.
Download the full report (opens a new window) to explore how your business can build resilience in an era of climate disruption.