Morgan Stanley’s alarm: warmth and excessive phenomena repercussions on over half of the businesses | EUROtoday
The results are there, and heavy. Climate warming is already having financial repercussions on half of the businesses, reported by a latest report by Morgan Stanley, whose outcomes have been reported by Bloomberg. Among these, the rise in prices, work breaks and turnover loss. The rising monetary influence is among the fundamental explanation why some corporations proceed to pursue the discount of emissions and adapt to a world that heats up, regardless of political turbulence, in accordance to what’s detected by the investigation.
“57% of the companies interviewed – explains the Sustainable Signals Corporates 2025 report – says that events such as extreme heat or storms have had an impact on the operations in the last year, a percentage that rises to 73% in the Asia -Pacific region (Apac)”. In Europe the share is 46%, the bottom in comparison with different areas, whereas 51% consider that the consequences haven’t been “nothing significant”.
“The extreme heat – continues the document – was the most common source of negative repercussions, indicated by 55% of those who reported consequences (with a percentage that rises to 65% in the Asia -Pacific region)”.
In second place are the intense climate occasions or storms (53%), that are probably the most frequent influence in North America (57%). In Europe, not like in different areas, the third motive considerations drought and the shortage of water, whereas fires or fumes on one facet and floods and elevating on the opposite are much less felt themes than elsewhere.
The influence has manifested itself above all, and on a worldwide scale, with a rise in working prices, together with insurance coverage and points associated to provides. Questions associated to the workforce (security, absenteeism), and interruption of provides additionally comply with. In Europe, the theme of adjustments in shopper demand has been felt.
https://www.ilsole24ore.com/art/allarme-morgan-stanley-caldo-e-fenomeni-estremi-ricadute-oltre-meta-imprese-AH7XqrYB