Read the full story in Environmental Leader.
While companies acknowledge they are facing significant financial risks from climate change impacts, cumulative gains from realizing business opportunities are also likely, according to a new report published by CDP. Financial organizations appear to see the most opportunities, as well as the most climate risk, but a more concerning story may sit behind this statistic, warns Nicolette Bartlett, Director of Climate Change for CDP.
With climate change impacts already hitting companies around the world, organizations are facing growing scrutiny. They need to show their stakeholders that they are integrating the risks and opportunities from these potential changes into their business strategies and are focusing on the long-term. The CDP report covers nearly 7,000 companies. It analyzes the risk and opportunities related to climate change companies are facing, based on data reported to CDP in 2018.