Business can no longer ignore extreme heat events – it’s becoming a danger to the bottom line

Mon, 29 Aug 2022 05:23:29 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/business-can-no-longer-ignore-extreme-heat-events-its-becoming-a-danger-to-the-bottom-line-188151>

"When record-breaking heatwaves cause train tracks to bend, airport runways to
buckle, and roads to melt, as happened in the United Kingdom last month, it is
likely that business performance will suffer.

The problem is not going away, either. Businesses will need to better manage
extreme heat risk. But are investors sufficiently informed on the economic toll
caused by the increasing frequency of extreme weather?

It is becoming clearer that extreme heat can have devastating and costly
effects. People are dying, energy grids are struggling to cope, transport is
disrupted, and severe drought is straining agriculture and water reserves.

While the frequency of these events is increasing, more worrisome is that heat
intensity is also increasing. Clearly, businesses are not immune to the need to
adapt, though their silence might make you think otherwise."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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