Lidl GB selects Risilience to assess climate-related risks

Risilience
NewsSupermarkets

Lidl GB has appointed climate and nature analytics firm Risilience to conduct a comprehensive facilities assessment for climate-related real estate risk.

This is part of the discount retailer’s expansion plans for its GB store portfolio over the next decade, which will see Risilience identify and financially quantify the impact of extreme weather events on operations.

According to the business, the Risilience-powered Riise platform helps organisations gain data-driven insights to inform the overall investment and operational decisions.

Dr Andrew Coburn, CEO of Risilience, said: “Embedding climate risk into core business strategy is no longer optional but rather a commercial imperative.


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“By integrating advanced climate analytics into strategic planning, Lidl GB is taking a proactive approach to safeguarding long-term value, strengthening operational resilience, and ensuring that future growth is aligned with an increasingly complex risk landscape.”

The programme aims to support the business in identifying areas of highest climate exposure across the existing facilities.

This assessment will allow mitigation measures such as flood defences to be put into place and identify lower-risk locations for future development of stores.

Coburn added: “By embedding climate risk assessment into an organisation’s growth and capital allocation processes, companies can drive sustainable growth, enhance transparency for stakeholders, and ensure business operations remain resilient and sustainable for the long term.”

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Lidl GB selects Risilience to assess climate-related risks

Risilience

Lidl GB has appointed climate and nature analytics firm Risilience to conduct a comprehensive facilities assessment for climate-related real estate risk.

This is part of the discount retailer’s expansion plans for its GB store portfolio over the next decade, which will see Risilience identify and financially quantify the impact of extreme weather events on operations.

According to the business, the Risilience-powered Riise platform helps organisations gain data-driven insights to inform the overall investment and operational decisions.

Dr Andrew Coburn, CEO of Risilience, said: “Embedding climate risk into core business strategy is no longer optional but rather a commercial imperative.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


“By integrating advanced climate analytics into strategic planning, Lidl GB is taking a proactive approach to safeguarding long-term value, strengthening operational resilience, and ensuring that future growth is aligned with an increasingly complex risk landscape.”

The programme aims to support the business in identifying areas of highest climate exposure across the existing facilities.

This assessment will allow mitigation measures such as flood defences to be put into place and identify lower-risk locations for future development of stores.

Coburn added: “By embedding climate risk assessment into an organisation’s growth and capital allocation processes, companies can drive sustainable growth, enhance transparency for stakeholders, and ensure business operations remain resilient and sustainable for the long term.”

NewsSupermarkets

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