CDP: How inaction on environmental risks leave corporates at risk of $1.24tr in additional costs by 2030

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

New report reveals how companies see $10 of potential benefit for every $1 invested in responding to physical climate risks

A failure to mitigate worsening environmental risks could cost large and mid-sized businesses projected accumulative losses of $1.24tr by 2030, which could then rise to $1.77tr by 2040. That is according...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Paula Radcliffe urges sports industry to lead fight against air pollution

Paula Radcliffe urges sports industry to lead fight against air pollution

Three-time London Marathon winner suggests running and sports events can make the dangers of poor air quality and extreme heat more tangible

Stuart Stone
clock 16 July 2026 • 4 min read
Friendship's Runa Khan: 'Every failure taught us to think holistically'

Friendship's Runa Khan: 'Every failure taught us to think holistically'

Friendship founder and executive director reflects on winning the 2025 Earthshot Prize, and why sustainability begins with controlling one's wants

Stuart Stone
clock 14 July 2026 • 8 min read
Oil prices hit one-month high, as Trump announces renewed Strait of Hormuz blockade

Oil prices hit one-month high, as Trump announces renewed Strait of Hormuz blockade

Oil prices now 12 per cent higher than they were on Friday, as fears grow that ceasefire between the US and Iran has collapsed

James Murray
clock 14 July 2026 • 4 min read