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Firm-level climate risk assessment and self-evaluation tool: A design science approach
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Firm-level climate risk assessment and self-evaluation tool: A design science approach

2026
Handle:
https://hdl.handle.net/10863/52558

Abstract

Assessing climate risk at the firm level remains a major challenge, particularly for manufacturing firms embedded in complex supply chains. Existing approaches often consider climate risk under general enterprise risk management, overlooking manufacturing-specific operational and supply-chain issues. This study addresses the gap by developing and evaluating climate risk assessment and self-evaluation tool tailored to manufacturing firms using a design science approach. Grounded in literature on climate risk and manufacturing supply chains, the tool addresses physical and transition risks across upstream, focal-firm, and downstream tiers. Validation interviews with industry practitioners confirm its practical relevance and usefulness for supporting systematic climate-risk management.

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