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...

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