Corporate Resilience

Utilities find themselves facing a wide variety of challenges and risks – from disaster recovery, supply chain disruptions, economic instability, cyber threats and attacks, and climate change. What makes a company resilient is its ability to adapt and respond to these threats while maintaining a successful business model. This track will focus on how utilities measure the likelihood, impact, and velocity of emerging risks across business units, and how to build and sustain corporate resiliency to prepare for the future.

Target Audience: Professionals responsible for Risk Management; Risk Mitigation; Cybersecurity; Compliance; Asset Management; Supply Chain; Data Security + Privacy; or Financial Planning + Strategy.

Meet the Program Development Team for this track. Learn more about the Customer + Corporate Symposium.

Thursday, March 2, 2023

9:30 AM – 10:45 AM
Supply Chain Resilience: Where Do We Begin?
Speakers: Chad Edinger, Assistant Section Manager (Power/T&D/Electrical Services), Tacoma Public Utilities
Kevin Johnson, Director – Power & Utilities, KPMG LLP
Skip Peeples, Principal Analyst, Supply Chain, Salt River Project
The supply chain is in disarray. This is being driven by multiple factors including tensions in the global environment, regulation, climate change, and a growing focus on Environmental, Social, and Governance (ESG) considerations in the supply chain. There really is no end in sight resulting in utilities looking at new strategies, processes, and controls to ensure materials and service availability can support corporate goals and initiatives. Many utilities are finding that supply chain organizations need to be involved much earlier in the planning process to mitigate risks and provide adequate time to meet order cycle times. This session will provide a review of some of the key issues that have impacted today’s supply chain environment; describe some of the continuing challenges; and introduce a panel to discuss some of the unique strategies being used to address this new business environment, including business demand management and cyber security.

1:30 PM – 2:45 PM
The Human Factor: Drive Innovation by Providing a Safe Work Environment
Providing a workplace that promotes well-being and actively prevents harm to employee psychological health will drive innovation and creativity. This session is intended to link the human factor- your people- to the success of your integrated strategic plan. Join our guest speakers and panelists to get a better understanding of why the human factor is key to staying competitive and attracting and retaining talent.

Friday, March 3, 2023

9:30 AM – 10:45 AM
Turning Climate Resilience into Business Resilience
The realities of climate change are setting in for utilities across North America: from the physical impacts, such as more intense wildfire and hurricane seasons, to regulatory impacts, like the SEC’s proposed climate disclosure rule. While many energy companies are realizing they must adapt their operations to this new reality, there are numerous unknowns about how exactly to do so. This session seeks to address several pertinent questions:
• What is the business case for considering climate change in long-term planning?
• What tools and resources are available to support vulnerability assessments?
• How do you prioritize and implement climate resilience measures relative to other business risks?
This session will provide in-depth case studies with examples that participants can apply to their own organizations. Speakers will cover how to frame climate risk, the ins and outs of conducting a first climate vulnerability assessment, and lessons learned on turning climate resiliency plans into action and achieve true business resilience.