Environmental risks are one of the 5 key challenges facing the world today, according to the Global Risks Report 2018. While they pose risk to both operations and supply chains for businesses, those risks also impact our lives: water scarcity due to climate change could cost up to 6 percent of global GDP; it can lead to conflict and migration. Businesses, governments and societies have a strong interest in developing resilience against environmental risks. They need to work together to implement strategies that promote resilience, mitigating and preventing future risk.