Posted on October 29th, 2024

As climate change drives more extreme weather events, businesses must anticipate and mitigate risks to maintain continuity. Hurricane Helene, which devastated parts of North Carolina and neighboring states in September 2024, is a stark reminder of how these events can disrupt operations and impact communities. From flooding and infrastructure damage to prolonged business closures, Helene exemplifies the need for proactive planning.

Helene landed in Florida as a Category 4 hurricane before advancing through the southeastern U.S., causing catastrophic flooding across North Carolina. The storm destroyed over 126,000 homes, damaged thousands of roads, and disrupted water and sewer systems. Asheville and other western parts of North Carolina experienced severe flooding and landslides, making business recovery even more challenging. As a result, several businesses have yet to reopen, highlighting the long-lasting operational impact of these climate-related disasters.

North Carolina's economic losses from Helene are estimated to exceed $53 billion, breaking the previous damage record set by Hurricane Florence in 2018. Many companies and communities affected by the storm lacked adequate insurance, further delaying recovery.

How Businesses Can Mitigate Risks from Climate Disasters

Develop a Disaster Recovery Plan

Businesses must create comprehensive recovery plans with detailed evacuation procedures and designated alternative operating sites. This ensures continuity during periods of disruption and minimizes downtime.

Invest in Climate-Resilient Infrastructure

Strengthening infrastructure is essential for reducing damage. Flood-proofing buildings, improving drainage systems, and reinforcing supply chains can help mitigate operational disruptions during extreme weather events.

Test and Update Continuity Plans Regularly

Conducting tabletop exercises and full-scale drills allows businesses to identify weaknesses in their plans and train employees for real-world scenarios. Continuous updates to reflect new risks ensure companies are prepared for future events.

The impact of Hurricane Helene underscores the importance of climate preparedness for businesses. With extreme weather events becoming more frequent, proactive measures such as infrastructure investment, disaster planning, and regular testing are essential. Organizations that incorporate these strategies will reduce the impact of future disasters and enhance their long-term operational resilience.