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Corporate America Is Getting Ready to Monetize Climate Change

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A highway stands immersed in floodwaters from Hurricane Harvey in West Columbia, Texas, on Aug. 30.  Photographer: Luke Sharrett/Bloomberg

CLICK HERE - CDP - Company Scores

bloomberg.com - by Christopher Flavelle - January 22, 2019

Bank of America Corp. worries flooded homeowners will default on their mortgages. The Walt Disney Co. is concerned its theme parks will get too hot for vacationers, while AT&T Inc. fears hurricanes and wildfires may knock out its cell towers.

The Coca-Cola Co. wonders if there will still be enough water to make Coke.

As the Trump administration rolls back rules meant to curb global warming, new disclosures show that the country’s largest companies are already bracing for its effects. The documents reveal how widely climate change is expected to cascade through the economy -- disrupting supply chains, disabling operations and driving away customers, but also offering new ways to make money.

(CLICK HERE - READ COMPLETE ARTICLE)

CLICK HERE - REPORT - Ready or not: Are companies prepared for the TCFD recommendations? - A geographical analysis of CDP 2017 responses (34 page .PDF report)

CLICK HERE - CDP - REPORTING CLIMATE RESILIENCE: THE CHALLENGES AHEAD (14 page .PDF report)

CLICK HERE - CDP - New research shows clear gap between companies’ awareness of climate risks and actions for tackling them - March 19, 2018

 

 

 

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