Report: Climate change affecting corporate bottom lines

Posted by Al Jazeera: Dexter Mullins on May 16th, 2014
Al Jazeera: Climate change isn’t just causing the ice caps to melt, it’s costing corporations big bucks and forcing some to factor its likely impact into their long-term plans. A new report from the Carbon Disclosure Project (CDP) released Friday says 63 of America’s S&P 500 companies are already paying to counter the effects of climate change. The past few years of extreme drought, stronger hurricanes and severe flooding have caused immense damage to some businesses’ core assets, requiring millions of dollars......

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