01
Commodity Price Risk / Scarcity of Materials
The global commodity market continues to suffer from wild mood swings following the pandemic.
Mounting geopolitical and societal pressure to tackle climate change weighs heavily on the natural resources industry, impacting all facets of strategy. Across the industry, organizations seek technical advances to support our transition to carbon neutrality, all while competing fiercely to attract and retain the talent required to make breakthroughs possible. Meanwhile, traditional concerns, including cyber, operational, and reputational risks remain as pertinent as ever.
In this environment, companies must adopt holistic risk management and workforce frameworks that cover both physical and human assets, take into account expanding environmental, social and governance (ESG) expectations, and reflect the industry’s rapidly rising insurance needs.
At Aon, our teams have deep experience across all segments of the natural resources industry—including alternative energy, chemicals, distribution, mining, oil and gas, power generation, renewables, and utilities. We leverage our understanding of the unique risks you face to conduct risk assessments, implement novel risk transfer solutions, provide claims advocacy, deliver tailored insurance programs to address evolving environmental liabilities, manage supply chain disruptions, support regulatory compliance, and build dynamic and resilient workforces.
Looking ahead to 2024, predicted risks for the natural resources industry include:
Stay in the loop on today's most pressing cyber security matters.
Explore Aon's latest environmental social and governance (ESG) insights.
Explore our hand-picked insights for human resources professionals.
How do businesses navigate their way through new forms of volatility and make decisions that protect and grow their organizations?
Article 16 Min Read
In a move designed to close the gender pay gap, the European Commission is increasing pay transparency across member states. Prepare your firm now for potential implications and opportunities.
Article 22 Min Read
An alarming number of insured Americans still can’t afford healthcare treatment, but there are approaches employers can take to reduce costs and improve outcomes for employees and their families.
Article 10 Min Read
Aon’s Transition Performance Index is helping businesses around the world navigate their transition to a greener future with clarity and confidence, while unlocking the capital needed to accelerate efforts.