Report: Businesses are becoming more and more aware of the deleterious impacts of climate change.

These two articles (here and here) discuss how businesses are becoming more and more aware of the deleterious impacts of climate change. Corporate America Tallies the Mounting Costs of Climate Change. For example:

Bank of America Corp. worries flooded homeowners will default on their mortgages. The Walt Disney Co. is concerned its theme parks will get too hot for vacationers, while AT&T Inc. fears hurricanes and wildfires may knock out its cell towers. The Coca-Cola Co. wonders if there will still be enough water to make Coke.

The World Economic Forum Global Risks Report 2019 shines a light on a topic that Zurich has been calling attention to for a long time.

The report’s Global Risks Perception Survey identified “extreme weather” as the top risk in terms of likelihood over a 10-year horizon and placed it at No. 3 in terms of impact over the next 10 years.

 

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