News Column

Are Small Businesses Vulnerable to Climate Change?

July 24, 2013

Are small businesses - the backbone of the American economy and the nation's most important engine for new jobs - particularly at risk to climate change and extreme weather? If they are, what are the risks ... and what opportunities exist to make small businesses more resilient to climate change and extreme weather events?

These crucial questions will be tackled in a new report from Small Business Majority and the American Sustainable Business Council during a live telenews event at 1:30 p.m. EDT Thursday, July 25.

The report focuses on six case studies that cover a wide range of sectors, including: information technology, tourism, small-scale manufacturing, agriculture, landscape architecture, and roofing.

The report will show that small businesses with fewer locations and limited resources are particularly vulnerable to devastating extreme weather events. Among many other findings, the report also will note that smaller firms tend to do less disaster recovery planning and make fewer backup data recovery arrangements due to limited resources.

According to the National Oceanic and Atmospheric Administration (NOAA), 2011 and 2012 were the two most extreme years on record for destructive weather events, which caused a total of more than $170 billion in damages, much of that to businesses. Small businesses employ approximately 60 million Americans, or nearly half of the entire U.S. workforce.

-- Rhett Buttle, vice president, external affairs, Small Business Majority;
-- Lea Reynolds, senior policy analyst and report author, M.J. Bradley and Associates;
-- Tedd Saunders, chief sustainability officer, the Saunders Hotel Group, and president of EcoLogical Solutions, Boston;
-- John Royster, president and CEO, Big Muddy Workshop, Omaha;
-- Richard Eidlin, co-founder and director, Public Policy and Business Engagement, American Sustainable Business Council.

Thursday, July 25, 2013.

1:30 p.m. EDT

DETAILS: Join the live phone-based national news conference (with full, two-way Q&A) at 1:30 p.m. EDT on July 25 at 800-860-2442. Ask for the "Small Business Climate Change Impact" news event.

A streaming audio replay of the news event will be available here and here as of 6 p.m. EDT on July 25.

The American Sustainable Business Council and its member organizations represent more than 165,000 businesses and 300,000 entrepreneurs, executives, managers and investors.

Small Business Majority is a national small business advocacy organization, founded and run by small business owners, to support America's 28 million small businesses.

SOURCE Small Business Majority and American Sustainable Business Council.

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Source: Copyright PRNewswire 2013

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