FM Global has released the 2023 FM Global Resilience Index, an online, interactive tool that supports strategic decision-making for global businesses. The index ranks countries on 15 measures of economic, risk quality and supply chain resilience.
The FM Global Resilience Index is a tool for site selection, supply chain design, and market targeting amid critical business risks like climate change, economic volatility, and geopolitical tensions. Several global organizations have found the data-rich index so valuable they have integrated it into their site-selection/enterprise risk management software for strategic decision-making.
FM Global’s data, both proprietary and aggregated from respected third parties, places the following ten countries/territories at the top of this year’s Resilience Index:
- Denmark
- Singapore
- Luxembourg
- Germany
- Switzerland
- United States Region 3 (Central)
- United States Region 1 (East)
- Sweden
- Finland
- Austria
The bottom three are: 128. Ethiopia, 129. Venezuela, 130. Haiti.
The biggest riser was the Dominican Republic, which rose from 99th to 95th based on a higher climate risk quality ranking in this year’s index. The biggest faller was Lebanon, which dropped from 101st to 106th, due in part to a lower ranking in health care spending.
The UK ranks in 13th place in the FM Global Resilience Index, as in 2022.
The Resilience Index freely accessible to any individual or company seeking to improve resilience, reduce risk and achieve their environmental, social and governance (ESG) goals: https://www.fmglobal.co.uk/research-and-resources/tools-and-resources/resilienceindex
