Report: The Threat of Climate Inaction on Corporate Profits
The findings of the report, published in December 2024, reveal that climate inaction is exposing businesses to escalating risks that threaten profits, operations, and long-term viability. For unprepared businesses, individual physical risks of climate change alone could put 5% to 25% of their 2050 EBITDA at risk, depending on sector and geography. This is in addition to other risks, such as the impact of slowing GDP on consumption and growth.
Photo by Señor Codo via Flickr.
Source: Biz Community (link opens in a new window)
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