Oil refiners can learn from Europe as they try to reduce accidents at plants in Louisiana and other states, U.S. safety experts say. After a string of disasters, President Obama issued an executive order last August to improve chemical facility safety.
This generation will largely be responsible for confronting the aftermath of the financial crisis, high youth unemployment, the effects of climate change, energy sustainability and security issues, along with a potential demographic time bomb.
With these once extraordinary events becoming more ordinary, it's becoming clearer that businesses in vulnerable regions need to prepare. But how should companies go about building resilient enterprises that are ready to face extreme weather and other effects of climate change?
Issues of national security, of globalization and of the role of business in increasingly transparent societies have been raised at Davos but have attracted less attention since the financial crisis; this year, attendees say, that is likely to change.
In coming years, we are going to be faced with increasingly difficult decisions in what must now be called climate triage -- choices about who and what is going to be protected and saved, versus abandoned and lost.