HR in polycrisis and complex world

The nation ’ s economic structure heavily rely on climate condition

Environmental and Climatee change

Risk

Business Impact

Physical Risk

Immediate

From acute event e.g. flood, earthquake, wildfire

Loss of sales / higher cost

Damaged assets

Damage from chronic event e.g. PM 2.5, global temperature, drought,

Supplychain disruption

Transition Risk

Mid to Long term

Business risk caused by Consumer/investor behaviors

High operating cost

Loss of customer/market share

Official regulations/ policies

Lack of technology/innovation to be remained in ecosystem/platform

Technological development

Services

Industry

Agriculture

TH Economy

8

Thailand has an extensive coastline, rural communities dependent on agriculture, and heavily populated urban areas located on flood prone plains. Climate change threatens [and providing opportunities?!!] all key sectors of Thailand ’ s economy: agriculture, tourism, trade and industrial sector

59.

33

% to GDP

23

46

31

% of workforce

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