In this paper, the authors analyse how 14 Swedish large export-oriented businesses view and address risks from physical climate impacts on their international supply chains. The analysis finds that climate change is not considered a priority risk and there is little evidence of risk management strategies implemented at the operational level. Businesses fail to see a clear causality between climate change as a global phenomenon and operational risks in the supply chain. Furthermore, the complicated structures of many supply chains make comprehensive risk assessment and management very resource-demanding.
The authors conclude that there is a need for novel strategies to improve businesses’ capabilities to assess emerging risks from climate change.