Resilience in the Face of Climate Change: How African Family Businesses Navigate Environmental Risks While Sustaining Financial Performance?

Climate change poses rising threats to family enterprises, compromising their operational continuity and financial stability as well. This paper investigates how these companies may create resilience plans to lower these risks while preserving financial success. This paper emphasizes the need for adaptive governance, long-term planning, and sustainable practices by means of a qualitative technique grounded on 33 semi-structured interviews with owners and managers of family companies. The results imply that family companies that are highly committed to environmental, social, and governance standards are more suited to negotiate climate-related problems. This study advances knowledge of how family firms could be resilient at a time of environmental instability by means of analysis of their experiences and strategic approaches. Our findings emphasize the requirement of proactive risk management and ongoing adaptation in order to strike sustainability with financial goals.