print icon WHEN Hurricane Maria swept away most of Puerto Rico’s thriving pharmaceuticals sector in 2017, the building belonging to Mylan, a drugmaker which works with FM Global, was one of the few in its neighbourhood left intact. A strengthened roof had withstood 150mph winds. Mylan kept churning out medicines and FM Global was spared a big payout. Nature has always disrupted business. But global warming is making the task of dealing with it more urgent.
Hotter, more humid days imperil the productivity both of employees and equipment such as that in data centres. It is not only storms and floods that are a threat. Climate change is also responsible for a lack of water where it is needed. Last summer low levels on the Rhine grounded barges that BASF, a German chemicals giant, uses to ferry its products. Get our daily newsletter Upgrade your inbox and get our Daily Dispatch and Editor's Picks. There is reason to be concerned.
And a growing , simmering revolution
And these generations will come to pass
Forget businesses, *people* are facing these things, and they're only getting worse. It's past time for drastic action on climate change.
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Business and the effects of global warmingPre-emptive measures would bring companies bigger rewards than ignoring global warming Perhaps if they paid higher taxes they would have stronger dams and better equipped Fire Departments and...... too soon? Uh......no. wetter floods? going to need to unpack that one....
Источник: TheEconomist - 🏆 6. / 92 Прочитайте больше »
Business and the effects of global warmingAccounting for physical climate risk could shave 4-4.5% off the value of oil and gas firms that's IT? money people are crazy I have a feeling this is a huge underestimate. How much disposable income would consumers have clipped from bottom line if held accountable for their own household emissions? 46% of total emissions attributable to households in Canada. Devaluing energy suppliers further will ensure consuners pay more. Just sayin. GasHouses
Источник: TheEconomist - 🏆 6. / 92 Прочитайте больше »
Why the CEO of this global family business refuses to take his dad's adviceRoger Lee is the third generation to run his family-owned business, TAL Group — one of the world's largest fashion manufacturers. MakeIt Ask him to have a word with his bank manager, much better. lol
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Business investment dries up after Trump tariff tiff with China, global woes, shutdownPresident Trump giveth and President Trump taketh away: Business investment soared in 2017 in anticipation of the biggest corporate tax cuts in 31 years, but companies have hit the brakes since the White House stepped up its attack on Chinese trade practices. Chatting with clients and they bring up how they feel that the tariffs have impacting the business climate.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »