Maximum corporate are not ready for the disaster
CBRE South Asia Pvt. Ltd, announced the findings of its survey on “Disaster Preparedness amongst India Corporates” . The survey which included over 100 top corporates in the country and over 350 respondents was conducted by the Project Management group of CBRE. The survey was conducted to increase awareness about disasters, to re-iterate the importance of proactive planning for disaster management and arrive at an industry wide an approach for the same. Commenting on the findings of the survey, Mr. Anshuman Magazine, Chairman –India & South East Asia, CBRE said, “India's average annual economic loss due to disasters is estimated to be $9.8 billion according to a UN global assessment report on disaster risk. This includes more than $7 billion loss on account of floods. India is a disaster prone country, with 85% of Indian land vulnerable to one or more natural hazards, making it is critical to have plan and gauge an organizations’ readiness to deal with such a situation.” According to Gurjot Bhatia, Managing Director-Project Management, CBRE India Pvt. Ltd, “Unprecedented rate of urban growth, increasing dependence on complex technical systems, combined with climate change predictions, have increased the disaster uncertainty even more. The objective of this study, thus, is towards developing a holistic approach for disaster preparedness, sustainability and safety, along with establishing the role to be played by various stakeholders involved.”
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