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

Duracell E-Charge to invest more than £200m in UK EV charging infrastructure

China's Ming Yang outlines plans for £1.5bn Scottish wind turbine factory

More on Risk

MPs warn awareness of flood risk remains 'dangerously low'
Risk

MPs warn awareness of flood risk remains 'dangerously low'

Environmental Audit Committee calls for creation of single national flood reporting and information service to help households and businesses combat rising flood risks

James Murray
James Murray
clock 13 October 2025 • 4 min read
Study: Smaller UK pension schemes face greater exposure to climate risk
Risk

Study: Smaller UK pension schemes face greater exposure to climate risk

Simplified investment strategies mean smaller schemes face nearly twice the risk of negative performance, according to climate scenario modelling carried out by Broadstone

Holly Roach
clock 08 October 2025 • 2 min read
'Turned the tide': Government claims flood defence programme has protected over 24,000 homes and businesses
Risk

'Turned the tide': Government claims flood defence programme has protected over 24,000 homes and businesses

Labour government reveals it has completed more than 150 flood resilience projects during its first year in office, as it works to repair 'crumbling' infrastructure

James Murray
James Murray
clock 07 October 2025 • 2 min read