Companies See Climate Change Hitting Their Bottom Lines in the Next 5 Years. (The New York Times, 6/4/2019)
In 2018, more than 7,000 companies submitted such reports to CDP, formerly known as the Carbon Disclosure Project. And, for the first time, CDP explicitly asked firms to try to calculate how a warming planet might affect them financially.
After analyzing submissions from 215 of the world’s 500 biggest corporations, CDP found that these companies potentially faced roughly $1 trillion in costs related to climate change in the decades ahead unless they took proactive steps to prepare. By the companies’ own estimates, a majority of those financial risks could start to materialize in the next five years or so.
The disclosures show how business leaders expect climate change, and the policy responses to it, to ripple through every corner of the global economy.
Previous climate change as a matter of fact posts:
Africa
Cape Town, South Africa. (1/31/2018)
Kenya. (7/23/2017)
Asia
Kazakhstan: The melting of Tuyuksu glacier. (1/21/2019)
Record heat in Japan raises concerns over 2020 Olympics. (7/23/2018)
Wet bulb temperatures in India. (7/21/2018)
Lebanon's cedar trees. (7/19/2018)
Rising seas + draining underground aquifers = Jakarta disaster. (12/22/2017)
Australia and the Pacific
Dying coral of the Great Barrier Reef. (4/22/2018)
Easter Island. (3/18/2018)
Green sea turtles of the Great Barrier Reef. (1/11/2018)
Kiribati. (7/6/2016)
Europe
Italy's olive groves. (3/11/2019)
Rising seas threaten Scottish heritage. (9/29/2018)
Norway, Finland, and Sweden. (7/19/2018)
Portugal. (6/19/2017)
The Netherlands. (6/19/2017)
North America
Great Marsh, Cape Cod, Massachusetts. (6/4/2019)
Alaska: Iditarod sled dog race. (3/3/2019)
Greenland's rapidly melting ice. (1/22/2019)
Insect apocalypse: Monarch butterfly. (12/10/2018)
Hot nights in the U.S. (9/6/2018)
Hampton Roads, Virginia. (8/19/2018)
Front-page news at Des Moines Register. (8/12/2018)
Miami, again. (6/14/2018)
May 2018 record heat in U.S. (6/9/2018)
Miami. (5/4/2018)
Melting outdoor ice rinks in Canada. (3/21/2018)
Gulf of Maine. (3/8/2018)
Jean Lafitte, Louisiana. (2/26/2018)
Lodi, Wisconsin. (2/3/2018)
Maine shrimp season. (12/27/2017)
California fires. (12/8/2017)
Wisconsin. (11/16/2017)
Hampton Roads, Virginia. (11/4/2017)
Georgia peach orchards. (9/18/2017)
Northeast U.S. pine forests. (8/29/2017)
Tangier Island, Virginia. (8/25/2017)
South of the Arctic Circle in Alaska. (8/25/2017)
New Orleans. (8/12/2017)
Mexico City. (2/19/2017)
Kansas. (1/29/2017)
Moose of Maine. (1/21/2017)
Florida Keys. (1/14/2017)
California wine country. (1/11/2017)
Kaktovik, Alaska. (12/20/2016)
Alaska's Glacier Bay National Park. (7/7/2016)
Polar regions
Heating the Arctic. (12/12/2018)
Disappearing old ice in Arctic. (6/4/2018)
North Pole. (2/28/2018)
Beavers migrate to Arctic. (12/24 /2017)
Shrinking sea ice in the Arctic Ocean. (12/14/2017)
Emaciated polar bear. (12/9/2017)
South America
Galapagos Islands. (12/19/2018)
Peru. (11/26/2017)
Brazil. (6/8/2017)
Bolivia. (7/11/2016)
Peru, (5/21/2016)
U.S. Military
Military prepares for reality of climate change, rising seas. (8/11/2018)
U.S. military bases around the world. (1/8/2018)
U.S. Department of Defense. (12/16/2017)
U.S. military bases. (9/22/2017)
Worldwide
Ocean heat hits record high. (3/30/2019)
Not just a wake-up call anymore. (8/10/2018)
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