Climate change is no longer just an environmental challenge; it’s a financial and operational risk for businesses. Without decisive action, companies could lose up to 7% of annual earnings by 2035, with climate hazards driving up to $610 billion in fixed asset losses annually—a figure that could rise to $1.1 trillion by 2055 under high-emissions scenarios.

The World Economic Forum’s latest reports highlight the urgent need for businesses to adapt. Decarbonizing operations, safeguarding natural ecosystems, and building resilience are key to mitigating these risks and ensuring long-term viability.

The time to act is now. Want to discover strategies for navigating these challenges and securing your organization’s future? Read the full reports today.

https://reports.weforum.org/docs/WEF_Business_on_the_Edge_2024.pdf