When the bee stings. Counting the Cost of Nature-Related Risks
Detalles
| BloombergNEF has published a timely series of case studies, in consultation with the TNFD, showing how environmental risks have materialized into significant financial consequences for leading companies in various sectors and geographies over the past two decades. The BloombergNEF study highlights the financial consequences, often in the billions of dollars and often materializing suddenly, as a result of physical and transition risks associated with accelerating biodiversity loss, the organization's nature-related impacts such as pollution, and/or nature-related events, such as forest fires. Share prices have taken a hit, senior executives have been relieved of their positions, brand values and customer loyalty have been hurt by litigation, credit ratings have been downgraded and assets have been decommissioned. These case studies offer important insights for boards, management teams, credit providers, insurers, and investors, all of whom can be trapped by a lack of attention to the environmental risks that now affect cash flows, balance sheets, and investment and credit portfolios. |
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