The Workshop
Risk & Race is an engaging competitive game format that explores the strategic intersection of climate risk management and corporate social responsibility. Teams compete to develop the most resilient business strategies while managing environmental and social impacts. The game demonstrates that proactive climate risk identification and CSR integration are not costs to business but sources of competitive advantage and long-term value creation in a rapidly changing world.
Why It Matters
This workshop matters because businesses traditionally view climate action and CSR as risk management or reputation protection rather than strategic opportunity. The game challenges this assumption by showing how organizations that proactively identify and manage climate risks can attract investment, retain talent, and adapt faster than competitors. Understanding climate risks as business opportunities rather than constraints is essential for driving organizational commitment to sustainability.
Good to Know
Climate risk management requires strong governance structures and cross-functional teams with influence across the organization. Companies with robust climate risk strategies experience measurably better financial outcomes and stakeholder confidence. Transition risks (from policy and market shifts) and physical risks (from weather impacts) both require different mitigation strategies, and the game helps participants understand when each applies.
What to Expect
Teams begin by assessing their starting competitive position and risk exposure; each round presents climate-related events and market conditions requiring strategic decisions on carbon management, stakeholder engagement, and adaptation investments; teams track financial performance and risk metrics; competition reveals which strategies prove most resilient; debriefing explores why some CSR and climate approaches succeeded while others failed; participants discuss application to their own competitive contexts.