Climate Hazards Will Slash 7% Off Corporate Earnings Annually by 2035, Research Warns
News Release – 11 Dec 2024 World Economic Forum, [email protected] Geneva, Switzerland, 11 December 2024 – Businesses must act now to address growing climate risks or face steep financial losses, according to two new reports released today by the World Economic Forum. Companies that delay could see up to 7% of annual earnings wiped out by 2035—an impact akin to COVID-19-level disruptions every two years. The reports—Business … Continue reading Climate Hazards Will Slash 7% Off Corporate Earnings Annually by 2035, Research Warns