Study: Climate hazards could dent corporate earnings by seven per cent by 2035

Stuart Stone
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

New analysis from World Economic Forum warns financial impact from climate change could be more severe than previously estimated

Businesses which fail to adapt to escalating climate risks such as extreme heat and flooding could lose up to seven per cent of annual earnings by 2035, an impact akin to Covid-19-level disruptions every...

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

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Global Briefing: El Niño could push global temperatures to all-time high in 2027

High Seas Treaty passes into UK law after receiving Royal Assent

More on Risk

'Perfect storm': Property insurance claims hit record high in 2025
Risk

'Perfect storm': Property insurance claims hit record high in 2025

UK property insurance claims expected to reach £6.1bn in 2025, with £1.6bn of claims related to escalating climate impacts

Amber Rolt
clock 13 February 2026 • 2 min read
How can businesses better integrate climate resilience into their core strategies?
Risk

How can businesses better integrate climate resilience into their core strategies?

As climate impacts become clearer, most firms are still only at the foothills of building robust resilience strategies - BusinessGreen's latest roundtable heard from a range of sustainability execs on how they are grappling with escalating risks

Michael Holder
Michael Holder
clock 11 February 2026 • 8 min read
It's official: Biodiversity loss is a threat to UK national security
Risk

It's official: Biodiversity loss is a threat to UK national security

The UK's latest national security assessment warns potential socio-economic implications from biodiversity loss are significant - firms must evaluate how such a future scenario will impact their business model and strategy, writes Nature Positive's Tom...

Tom Mason, Nature Positive
clock 09 February 2026 • 5 min read