He advised companies to "assess these risks now and take action to manage those risks to avoid costly disruption".
Mr Harding pointed to a new web program - co-created by the CIMA and the Department for Environment, Food and Rural Affairs - called the Climate Resilience Toolkit, which could help managers save money on energy bills.
It works by compiling a unique report based on responses to a survey, which includes questions such as: "Are you an intensive water user?" and "Are your premises currently at risk from flooding?"
Environment minister Lord Henley said that smart businesses could get ahead of their competitors by taking steps to minimise the effects of climate change.
Posted by James Green
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