(37) Companies are seriously underestimating how climate change will affect business.

(37) Companies are seriously underestimating how climate change will affect business.

As climate change progresses, it will continue to trigger more intense storms, drought, wildfires, sea-level rise, species extinction, and crop failure. The recent National Climate Assessmentrevealed that regional economies and industries dependent on natural resources are increasingly vulnerable to the impacts of climate change – as are energy systems. Warmer climates will increasingly disrupt international trade, prices, and supply chains, and costs could reach hundreds of billion dollars per year by the end of the century. Climate change doesn’t just threaten ecological balance, it threatens corporate balance sheets. Companies and investors are waking up to the dangers posed by climate change and extreme weather. Many now consider environmental risks, such as droughts and wildfires, to be even more dangerous than turbulent markets, cyberattacks or geopolitical snafus. Credit: THE YEARS PROJECT

(37) Companies are seriously underestimating how climate change will affect business.
(37) Companies are seriously underestimating how climate change will affect business.
(37) Companies are seriously underestimating how climate change will affect business.
(37) Companies are seriously underestimating how climate change will affect business.

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