DFS Group has selected climate and nature analytics company Risilience to strengthen its approach to business resilience, climate risk and reporting.
The partnership will cover risks across DFS’s facilities, suppliers and raw materials, including both physical climate risks and those linked to climate policy. Future expansion of the partnership could include location-based risk analysis and scenario modelling across its estate and operations.
The furniture retailer will use Risilience’s analytics platform to update its climate risk assessment, which can be refreshed continuously rather than relying on periodic reviews.
The new agreement will initially focus on improving the retailer’s climate disclosure and reporting capabilities, while helping integrate climate risk information into business decision-making.
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DFS Group director of sustainability Kate Wright said: “For us, it was important to move beyond a static assessment approach and build a more dynamic understanding of risk across our operations and supplier network.”
She added that Risilience’s insights would “help strengthen internal decision making, support our reporting requirements, and reinforce resilience across the business”.
Risilience chief executive Angela Brown added: “Resilience now depends on having the ability to continuously assess changing conditions, understand exposure across operations and supply chain, and make informed decisions with confidence.
“We’re delighted to be working with DFS to help embed climate intelligence into business decision-making and support a more agile and resilient approach to risk management and long-term growth opportunities.”
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