WINNING

KNOWLEDGE ™

BUSINESS UNUSUAL: WHY THE CLIMATE IS CHANGING THE RULES FOR OUR CITIES AND SMES

This summer PSB undertook a pioneering research project on behalf of AXA and the UN PSI (United Nations Principles for Sustainable Insurance) in the lead up to the 2015 UN Climate Change Conference. The purpose was to understand how cities and SMEs are responding to the threat of climate change. We spoke to 41 Urban Leaders (e.g. mayors, chief resilience officers), and 1,104 SME decision makers in a project that spanned 18 markets worldwide.

On Thursday, 29th October, the report was presented by Jonathan Shingleton, Chairman of PSB EMEA, at the launch event hosted at the AXA Group headquarters in Paris. The full report can be found here. This is the first international study of its kind showing how cities and SMEs are building resilience to climate risks.

The event was opened by the AXA Group’s Chairman and CEO, Henri de Castries – who stated; “The time to act on climate is not 2100, it is not 2050, it is not even 2020. It is now.” You can read more about his address here.

Speakers also included the UN’s top disaster risk reduction official, UNISDR head Margareta Wahlström, the Special Representative of the UN Secretary-General for Disaster Risk Reduction —watch her opening address — and Edouard Philippe, Mayor of Le Havre and Member of the French Parliament, who shared his vision and insights on how he is making his city climate-resilient.

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