Recent extreme weather in New York and around the world have brought the heightened danger of climate-related weather events into sharp focus. In 2012, Superstorm Sandy created more than US$70 billion of damage in New York and New Jersey alone and prompted a weeklong shutdown of the Port of New York. One year later, Typhoon Yolanda (Haiyan) struck the Philippines, killing almost six thousand people and leaving more than a half million people displaced. This one-hour discussion will address how extreme weather events are changing our understanding of climate risk. How can the private sector act to make business and society more resilient in a climate-constrained world, and what steps are companies already taking to respond to anticipated future risks?