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CFO Insights: How CFOs can help companies weather climate change

Published on: Mar 19, 2020

As the environmental impact of climate change becomes more and more visible, finance leaders around the world are on the front lines of calculating the risks and bolstering their companies’ financial resilience in the midst of such ongoing threats.

The increasing frequency and severity of climate-related disasters has raised the specter of unforeseen losses. By the US government’s count, the country endured 14 separate billion dollar (or more) weather and climate disaster events in 2019, at a total cost of $45 billion. For CFOs, such events indicate the high potential impact that climate change may have on future operations and financial returns – whether in the form of physical risks, as a result of the transition to a low-carbon environment, or of having to accommodate a shift in consumer preference.

In this issue of CFO Insights, we’ll explore the multitude of forces pressuring companies to act now on climate change and examine some of the ways CFOs can fortify their companies against the expected economic damage it could generate.

This publication was released by our US firm.

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