Businesses adapt to climate change challenges

Companies are modifying operations to mitigate impacts from extreme weather, including moving utility substations and adding redundant production lines.

David J. Lynch reports for The Washington Post.

In short:

• Major utilities are relocating substations to avoid rising waters and wildfires, while manufacturers are setting up backup production lines.
• TPC and other businesses are increasing inventories and diversifying locations to ensure continuous operations during severe weather.
• Airlines and investment firms are also adjusting to climate risks, with airlines anticipating more turbulence and investment firms stress-testing portfolios for climate resilience.

Key quote:

"Now, the 100-year storm is happening twice a year. It needs to be part of our normal operational plan."

— Dan Brumlik, TPC co-chairman

Why this matters:

Climate change is prompting businesses to rethink operational strategies to maintain reliability and profitability. These adaptations not only protect companies but also ensure consistent service and product availability for consumers.