The climate risk assessments and the risk management plans to be published later are part of a joint project between the Regional Council of Uusimaa and the University of Helsinki (
The aim of the climate risk assessments is to identify typical climate risks for four key sectors of Uusimaa’s economy and business: construction, transportation, energy, and technical wholesale trade, and to assess their impacts from the perspective of companies’ value chains. The assessments are based on a literature review, interview data, and collaborative workshops carried out with the project’s pilot companies during 2024–2025.
The economic impacts of extreme weather events caused by climate change have grown rapidly in recent years (
In addition, as part of EU sustainability regulations, companies are increasingly required to report on the environmental and human rights impacts of their operations and manage related risks. This is also becoming an important criterion in the context of broader international sustainable finance.
Based on the climate risk assessments, the most significant climate risks for these sectors relate to long supply chains (especially in construction and technical wholesale trade). However, the increase in extreme weather events due to climate change also undermines operational reliability domestically (particularly in energy, transportation, and construction). The effects of the sustainability transition have been most visible as growing uncertainty (policy risks) in the business environment, where predictability plays a key role in ensuring business continuity.