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Companies may have climate risk blind spots, new analysis shows


March 15, 2021
Dust storms are a hazard of climate change, yet leading financial disclosure initiatives fail to include this and other hazards in their physical climate risk assessment guidance. Photo by Caleb Holder on Shutterstock.
This article originally was published on World Resources Institute.
The record-breaking wildfires and hurricanes of 2020 may not stand out as the worst catastrophes in a year defined by compounding crises. But these natural disasters are among the long list of physical climate hazards becoming more frequent and intense. Globally, natural disasters caused $210 billion in damages in 2020, $95 billion in the United States alone.
Scientific evidence tells us these trends will only worsen as global temperatures rise, taking a toll on human life, infrastructure, economic activity and financial stability  especially if risks continue to go underpriced. By 2100, climate change could cost the global economy hundreds of trillions of dollars. ....

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Trust Is the New Currency. Here's How to Build It


You’ve heard the cliché: trust is the grease that lubricates business. Without it, transactions become time-consuming and expensive because everything must be negotiated, tested, verified, and, perhaps, litigated. Innovation and nimbleness suffer. Partners and consumers go elsewhere.
The confidence needed to try the next new thing evaporates.
Trust in government, science, NGOs, business, and other major institutions has been eroding for decades. Business stands out as the exception. In Edelman’s 2021 Trust Barometer report, business is the only institution seen by people worldwide as both ethical and competent. What are the implications for business leaders? Does it create an opportunity? An obligation? ....

Rachel Botsman , Can You , Sustainable Purchasing Leadership Council , Community Operations , Who Can You Trust , Sustainable Accounting Standards , Responsible Soy , Sustainable Purchasing Leadership , Social Credit System , முடியும் நீங்கள் , நிலையான வாங்குதல் தலைமைத்துவம் சபை , சமூக செயல்பாடுகள் , ஹூ முடியும் நீங்கள் நம்பிக்கை , நிலையான கணக்குவைப்பு முறை தரநிலைகள் , பொறுப்பு சோயா , நிலையான வாங்குதல் தலைமைத்துவம் , சமூக கடன் அமைப்பு ,

With Patchy Guidance, Companies May Have Climate Risk Blind Spots


Dust storms are a hazard of climate change, yet leading financial disclosure initiatives fail to include this and other hazards in their physical climate risk assessment guidance. Photo by amazingsdj/Pixabay
The record-breaking wildfires and hurricanes of 2020 may not stand out as the worst catastrophes in a year defined by compounding crises. But these natural disasters are among the long list of physical climate hazards becoming more frequent and intense. Globally, natural disasters caused $210 billion in damages in 2020, $95 billion in the United States alone.
Scientific evidence tells us these trends will only worsen as global temperatures rise, taking a toll on human life, infrastructure, economic activity and financial stability especially if risks continue to go underpriced. By 2100, climate change could cost the global economy hundreds of trillions of dollars. ....

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