Business can no longer ignore extreme heat events – it’s becoming a danger to the bottom line

Image credit: Getty Images. Article by David Lont, Martien Lubberink and Paul Griffin. The Conversation – August 4, 2022.

When record-breaking heatwaves cause train tracks to bend, airport runways to buckle, and roads to melt, as happened in the United Kingdom last month, it is likely that business performance will suffer. The problem is not going away, either. Businesses will need to better manage extreme heat risk. But are investors sufficiently informed on the economic toll caused by the increasing frequency of extreme weather? It is becoming clearer that extreme heat can have devastating and costly effects. […]

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