2024 FM Global Resilience Index introduces 6 new risk factors

FM Global, a commercial property insurer, has recently released its 2024 Resilience Index, highlighting the rapidly evolving nature of risks confronting global businesses with the addition of six new resilience factors.

The FM Global Resilience index serves as a tool to safeguard and guide clients’ businesses through a dynamic risk environment, leveraging world-class research, product testing, and loss-prevention engineering.

The six newly added factors encompass education, inflation, internet usage, water stress, greenhouse gas emissions, and climate change exposure.

These updates reflect the evolving risk landscape, ensuring that the index remains relevant in supporting strategic decisions for global businesses such as site selection, supply chain design and loss prevention.

Chris Majka, Staff Vice President and Business Intelligence Manager at FM Global, comments on the importance of the index for businesses in today’s climate: “Businesses need incisive information to thrive in today’s challenging and constantly changing environment.”

“With these new factors, the 2024 FM Global Resilience Index offers organisations important new insights as they make strategic decisions that could affect their operations and performance for years to come,” Majka adds.

The index now encompasses 18 resilience factors, offering a comprehensive view of a country’s business environment, encompassing macro-level factors such as political, economic, and social risks, as well as physical risks.

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