Climate Intelligence: Using Climate Data to Improve Business Decision-Making (FutureLearn)

Offered by University of Reading,
Climate Intelligence: Using Climate Data to Improve Business Decision-Making (FutureLearn)

Build climate resilience in your business as you learn how climate intelligence helps make decisions that mitigate risks. How exposed is your organisation to climate risk? Climate and weather projections hold the data that businesses need both to evaluate the risk climate change poses and to mitigate that risk. However, interpreting this data can be challenging. On this two-week course, you’ll learn how to identify relevant and reliable climate data for your business and explore how that raw data can be converted into information that connects with the particular operational and financial decisions you face.

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Identify data for strategic planning, from scenario analysis to TCFD reporting
From natural disasters causing unanticipated business losses and damage to assets to climate-related regulations requiring new operating conditions, the climate risks to business operations and finances vary greatly.
Whether you’re tasked with preparing for today’s new reporting requirements called for by the Task Force on Climate-Related Financial Disclosures (TCFD), or forecasting changes in resourcing decades in the future, the effect of the varying climate on your business is something you need to be able to predict.
On the course, you’ll discover the science behind different types of predictions so you can select the data sources relevant to you, and learn how to evaluate them in the context of your unique business needs.

Learn from other businesses and the experts at the University of Reading
Throughout the course, you’ll explore case studies to discover how businesses across sectors use data to build their resilience to a varying climate and reflect on how you can apply this to your organisation.
Guided by the world-leading experts at the University of Reading, you’ll finish with the skills and confidence to drive forwards the necessary strategies for mitigating climate risks to your business.

What topics will you cover?

  • The risks to business operations and finances that extreme weather events, climate change and climate variability present.
  • How weather and climate projection data can be harnessed to mitigate the risks to businesses.
  • Case studies show how businesses in different sectors have used different types of data to build climate resilience in their organisations.
  • Understand the importance of forecast data in planning and managing uncertainty.
  • Applying climate data in business decision-making.

What will you achieve?
By the end of the course, you‘ll be able to...

  • Evaluate the risks to your business that climate variability and climate change pose.
  • Describe how predictions are made from historic data and climate models, understand the fundamental science behind them and be aware of pitfalls in interpreting them to enable strategic planning months, years and decades ahead.
  • Assess various types of climate data to identify what's most suitable for your needs and how it can be converted into climate intelligence, tailored for your own particular business.
  • Explain what resources and skills are needed to mitigate the risk to your business activities from weather and the changing climate.

Who is the course for?
This course is designed for business professionals with a responsibility for governance, strategy, and risk.
You may be an analyst, business development manager, or consultant looking to advance your career and evaluate your organisation’s exposure to climate risk.

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