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Drought, hurricane bigger threat to worlds top companies

2014-05-18 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Drought, hurricanes and rising seas are becoming more significant threats to the worlds biggest companies and the risk is accelerating, according to the Carbon Disclosure Project. Companies planning for various threats related to climate change say theyre grappling now with about 45 percent of the potential risks, or will be within five years, according to a report issued today by the London-based non-profit group. Thats up from 2011, when members of the Standard and Poors 500 Index expected...

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