Report: Companies see climate risks, but few take heightened action

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A few leading companies are taking steps to address climate risks where they see significant opportunities to become more efficient, reduce costs, or provide greater value to customers—in other words, where there is a clear business case to do so. By and large, however, the business response thus far is largely a continuation of existing practices based on a historical picture of past risks, and often fails to adequately consider changing climate and weather conditions.

The report provides case studies of several companies, such as The Hartford Group, Bayer AG, mining giant Rio Tinto and others.