CSRWire Proactive Approach to Reliability, Resiliency Keys to ...
The resiliency and reliability of the aging grid infrastructure in the U.S. is under intense scrutiny due to increasing load demands and extreme climate events. A report by Black & Veatch highlights the need to strengthen distribution and transmission systems in a rapidly decarbonizing world. The report emphasizes the importance of being proactive rather than reactive in addressing grid challenges. More than 80% of respondents in a survey said they are considering resiliency in investment decisions, but less than half have incorporated long-term climate risk analyses into their planning. Supply chain issues remain a significant obstacle to grid modernization projects.
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Proactive Approach to Reliability, Resiliency Keys - FAQs
Q1: What is CSRWire?
A1: CSRWire is an online platform that provides corporate social responsibility (CSR) news and information.
Q2: What is a proactive approach to reliability and resiliency in CSR?
A2: A proactive approach to reliability and resiliency in CSR refers to taking preemptive measures to ensure the stability, dependability, and readiness of a company's operations and infrastructure in the face of potential challenges or disruptions.
Q3: Why is a proactive approach important in CSR?
A3: A proactive approach helps organizations maintain business continuity, minimize risks, and respond effectively to unforeseen events, ultimately enhancing their reputation and stakeholder trust.
Q4: How can companies implement a proactive approach to reliability and resiliency in CSR?
A4: Companies can implement a proactive approach by conducting thorough risk assessments, developing robust contingency plans, investing in infrastructure resilience, and fostering a culture of preparedness and adaptability throughout the organization.
Q5: How does CSRWire support a proactive approach to reliability and resiliency?
A5: CSRWire provides a platform for sharing best practices, case studies, and insights related to proactive reliability and resiliency strategies in CSR, helping organizations stay informed and inspired.