The Role of Business in Disaster Response
Corporate Expertise in Disasters
Over the past decade, the Business Civic Leadership Center (BCLC) has issued a series of reports on the role of businesses in disaster response, primarily focusing on the philanthropic and social contributions that businesses make throughout the various stages of the disaster response process. This report looks at a different issue—what are businesses doing as innovators and developers of products and services to make communities more disaster resilient?
What we are finding is that companies are helping communities manage disasters simply by doing business. In many cases, protecting their business operations in order to get back up and running quickly after a disaster is the best thing a business can do for its community. What we are also finding is that companies are developing advanced technologies to help communities not just withstand disasters but also deliver benefits that contribute to their long-term development.
Business processes are driving risk management. The insurance and reinsurance industries have played fundamental roles in educating business owners and operators about the importance of disaster mitigation and preparedness. It is in their self-interest to encourage businesses and communities to be as resilient as possible, which pays off for everyone if a disaster happens. Download the full report (PDF)