In an increasingly complex world of population growth, urbanisation, resource scarcity and environmental change, success will depend on how well a company can analyse these risks, identify effective ways to address them, and implement appropriate action. This approach can turn daunting complexity into solid opportunities for growth. With new opportunities to be explored, external priorities to assess, partners to engage and risks to navigate, businesses that plan now for coming decades are likely not only to withstand the changes, but also to prosper.
Businesses are likely to face a more volatile and unpredictable market for fossil fuels and other resources. New levels of scarcity for essentials such as water, energy, forest products and minerals could result in increased and more volatile prices and reduced availability of inputs. Water-intensive industries, including apparel, automobile, food and beverage, biotech and pharmaceutical, chemical, forest products, electronics, mining, refining and electric utilities will be vulnerable to water shortages, declines in water quality, and water price volatility...Read more