Tag: climate risk
1 in 10 Companies Hit by Climate
You are Not Alone: Thousands of Businesses Feeling Impact Climate change is already impacting the bottom line of businesses across the United States. An estimated 9.8% of businesses experienced monetary loss due to extreme weather in just one year, according to the US Census. Losses are mostly attributed to familiar foes, but they are far more super-powered than in the past: the hurricane season in…
Ready for the Climate of Today?
The good news is that preparing for the future can be a profit opportunity. The business case for climate risk resilience is persuasive: for every $1 spent on climate resilience and climate adaptation efforts, companies are seeing a return of $2 to $19. World Economic Forum (best known for their annual meeting in Davos) reports a number…
Double-Dip and Double the Benefit
Nobody wants to make their situation tougher. With climate change, business as usual can do just that. Let’s say your company needs to keep a large volume of inventory cold. Maybe gourmet ice cream. Climate change is already making temperature control a lot harder; heatwaves are more widespread and frequent, and you’re feeling the heat in your Atlanta warehouse. If you respond by…