companies are exposed to multiple risks of climate change, but are still not properly prepared for such effects. Especially in the aviation, health, tourism, transport, oil & gas and financial services companies should give potential impacts of climate change on their business more attention. This is the result of the audit and consulting firm KPMG concluded in its report Climate Changes Your Business ", which was now published. Analyzes 50 specialist studies that deal with economic impacts of climate change on different industry sectors.
This detailed, thorough and flatly readable report have shown that the oil and gas industry still best to possible consequences is set;. it bears but also by far the biggest risk of all 18 made under the magnifying glass industries, the transport industry, however, is prepared at the worst None of the sectors studied is really adequate to the variety of risks prepared that result from climate change. then the KPMG. These include hurricanes and floods as well as more stringent environmental regulations and specific energy taxes, but also reputational and liability risks. Particularly alarming neglect Even those companies with otherwise well-functioning risk management systems, mostly in their reporting of climate risks.
KPMG advises companies to invest in the expansion of its risk management systems, to better understand these hazards and control - which is not very surprising, give advice on risk management but the core business of KPMG.
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