All posts tagged economy

Under Construction

construction

It is said that the road to success is always under construction. But what if the construction itself must be delayed or come to a halt entirely? A construction company can try to schedule its work around favourable weather conditions, but there is only so much that can be done if Mother Nature is being disagreeable. Traditional risk management solutions such as severe weather management guidelines and liability insurance have been inadequate in insuring against the delays and increased costs associated with the effects of inclement weather on a job site. Fortunately, new industry solutions are now available to address the increasingly significant risks affecting the construction industry.

It is considered one of Canada’s most enchanting places, where the mountains meet the sea. One might alternatively spot a moose, bald eagle or pilot whale while strolling the world-famous Cabot Trail coastline. The complex habitat of norther Cape Breton Island is diverse, its natural wonders and cultural treasures drawing tourists from near and far each summer. Of course, it would not be a true Canadian summer without seeing the other all-too familiar local summer highlight though: the ubiquitous roller, the screed, asphalt raker, or stone spreader.

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Heat waves and the cool risk management solutions for companies affected by them

mia_ice_cream

An ice cream parlour that closes in the throes of summer, refreshing soft drinks and beer being eschewed by customers when the mercury soars… What to make of consumer behaviour and how businesses compete and manage their risks in the summer months

Nestled in a quiet neighbourhood on the picturesque Ile St. Louis, in Paris, France, is possibly the most celebrated ice cream maker in the world, so well-known for its artisan quality and variety of ice creams and sorbets, lines routinely stretched around the block to its discrete bistro. This iconic glacier is a celebrated and essential component of the Paris experience, for aficionados and tourists alike. Yet, in the hottest month of the Paris summer, when ice-cream is undoubtedly the most in demand, and visitors are arriving in droves to the capital eager to sample this incontournable classic, Berthillon remains, in what can only be described as one the greatest snubs of capitalism, firmly, resolutely, even aggressively, shut. An ice cream parlour closed, the entire month of August. Sacrilège!

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COP 21 : Time to help firms change the climate

cop21

In just over 200 days, France will be hosting the 21st session of the Conference of the Parties to the United Nations Framework Convention on Climate Change. Politicians will try to find solutions to keep global warming under +2°C by the year 2050. The objective is abstract. It is also a long way away. Since there is no “global” government, COP 21 is likely to end with no more than a list of good intentions. Firms however are “global”. What if we approached COP 21 in a different way this time?

In March 2015, the average temperature across global land and ocean surfaces was the highest in the 1880–2015 record, surpassing the previous record of 2010. In fact, the temperature in the first three months of the year was also the highest in the 1880–2015 record, surpassing the previous record of 2002 [1]State of the Climate 2015, http://ncdc.noaa.gov/sotc/. Since 1992 in Rio de Janeiro, conference after conference, politicians and lobbyists have tried to engage economic actors into new ways of working to stabilize the climate.

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References   [ + ]

1. State of the Climate 2015, http://ncdc.noaa.gov/sotc/

High Fashion, High Stakes

Fashion show

Haute couture or ready to wear, does a fashion collection succeed or fail, not for the rise and fall of the hemline but instead … the mercury?

The fashion industry has recently been rocked by a pioneering new study, coming right out of the fashion capital itself. It employs the latest advancements in meteorological technology and data modelling by the engineers of Europe’s leader in climate risk management, Meteo Protect, cross-referenced with the historical sales figures recorded by the French Institute of Fashion. The study has revealed startling new insights into the vulnerability of the fashion industry.

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