Climate Change Will Cost Companies $1.3 Trillion By 2026

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A total of $1.26 trillion in revenue losses is anticipated for suppliers within the next five years due to climate change, deforestation, and water insecurity.

supply chains account for more than 50% of global emissions: food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services, and freight. As a result, supply chain emissions are 11.4 times higher than operational emissions. However, if supply chains can cut emissions by 619 million tC02e, then they can save $33.7 billion in return, according to WEF.

Over the years, decarbonizing supply chains has been an increasing priority across various companies to reduce greenhouse gas emissions. In a focus group conducted by the Boston Consulting Group in Q3 and Q4 2020, 40 climate-leading CEOs and experts said that the three most significant barriers to abating upstream supply chain emissions include: Limited support from industry ecosystems and regulators supply chain initiatives corporate leaders can take to decarbonize supply chains.

 

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rampage357 If it’s going to cost companies. The cost will end up in the consumers lap.

Yeah in government fees and taxes. Remember the free market?

rampage357 The ClimateHoax making lots of $$$$$$$ for the Globalists

I think we can file this with all the other reports such as Al Gore’s 2008 prediction for 2013 that the “Arctic could be ice-free”. They couldn’t get it right then, so why believe this article in ? ClimateCrisis ClimateHoax

We have been screaming foul for weeks. Kodak was investigated when Trump handed out the loan. SenWarren your move. RepTimRyan RepMarcyKaptur SenSherrodBrown JaredHuffman HuffmanForNC MartinHeinrich zeta_2030 JRBinDC SierraClub OversightDems

Made up bollocks.

'Cascading environmental effects'. You what?

Maybe we better go back to riding bikes, do away with Planes,go back to horse and carriage, what next?

I've been waiting for the day when the rest of the corporate world would turn on the fossil fuel industry because of the cost incurred from climate change to these other Industries and hire an army of lawyers to put an end to it...

That means it's an opportunity....

The best time to do something about climate change is when London's streets are 2 metres under water. Money must be saved until then.

Thats nonsense

could that be BorisJohnson thinly disguised alert to the public that the cost of living is about to explode thanks to Brexit

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