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Eco-Business – 'A substantial threat': The impact of climate risks on different companies
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The escalating impact of climate change-induced extreme weather events is imposing significant costs globally, reaching US$280 billion in 2022. Businesses must integrate climate risk management strategies into their operations to navigate challenges effectively while contributing to a more resilient and sustainable future. To mitigate future consequences, private enterprises must integrate climate risk assessments into their strategies alongside other risks like cyber and pandemics.