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Last updated on April 24, 2014 at 12:48 EDT

Latest Climate risk Stories

2014-03-20 12:26:16

Withdrawal of Shareholder Proposal Seeking Disclosure on Stranded Carbon Assets Leads to Agreement with Largest U.S. Oil and Gas Producer NEW YORK, March 20, 2014 /PRNewswire-USNewswire/ -- In response to a shareholder resolution, ExxonMobil (XOM) - the largest U.S. energy company, for the first time ever has agreed to publish a Carbon Asset Risk report on the Company website describing how it assesses the risk of stranded assets from climate change. The report will provide...

2013-11-20 17:40:07

Maximizing returns on financial investments depends on accurately understanding and effectively accounting for weather and climate risks, according to a new study by the American Meteorological Society (AMS) Policy Program. The study also found that weather events create and exacerbate risks to financial investments by causing 1) direct physical impacts on the investments themselves, 2) degradation of critical supporting infrastructure, 3) changes in the availability of key resources, 4)...

2013-07-25 16:21:47

The "Engine of U.S. Jobs" - Employing 60 Million Americans - Faces Major Challenges and Need for Increased Resilience; Report Examines Case Studies in Following Sectors: Retail, Tourism, Landscape Architecture, Agriculture, Roofing, and Small-Scale Manufacturing. WASHINGTON, July 25, 2013 /PRNewswire-USNewswire/ -- U.S. small businesses - widely recognized as the backbone of the U.S. economy - are particularly at risk from extreme weather and climate change and must take steps to...

2013-05-29 12:22:34

CHICAGO, May 29, 2013 /PRNewswire-USNewswire/ -- The World Resources Institute (WRI), a global non-profit organization that focuses on the environment and economic development, and Ceres, a non-profit group that mobilizes business and investor leadership on sustainability challenges, have become the newest members of the Growing Blue network. Growing Blue is a data-driven, online resource designed to help local communities and businesses gain a better understanding of water resource...

2013-05-06 16:22:44

C40 Risk Assessment Framework will help cities prioritize investment in climate actions NEW YORK, May 6, 2013 /PRNewswire-USNewswire/ -- The C40 Cities Climate Leadership Group (C40) today announced a new Clinton Global Initiative (CGI) Commitment to Action that will help cities better prepare for natural disasters and severe weather incidents. The new C40 Risk Assessment Framework will create a common approach for cities to assess climate risk and provide a process to help cities...

2013-04-10 12:22:08

Global beauty company takes action to reduce climate change WASHINGTON, April 10, 2013 /PRNewswire/ -- L'Oreal joined forces in Washington, DC today with 32 other leading companies and consumer brands to urge regulators and legislators to put climate change on the federal policy agenda. Recognizing the business risks associated with climate change and having been affected by Superstorm Sandy, as were many businesses in the northeast, L'Oreal has taken concrete and meaningful steps to...

2012-12-14 15:11:21

The insurance industry, the world's largest business with $4.6 trillion in revenues, is making larger efforts to manage climate change-related risks, according to a new study published today in the journal Science. "Weather- and climate-related insurance losses today average $50 billion a year. These losses have more than doubled each decade since the 1980s, adjusted for inflation," says the study's author Evan Mills, a scientist in Lawrence Berkeley National Laboratory (Berkeley Lab)'s...

2012-11-08 00:45:21

MIT researchers develop tool to assess regional risks of climate change, potential impacts on local infrastructure and planning. Climate scientists cannot attribute any single weather event – whether a drought, wildfire or extreme storm – to climate change. But extreme events, such as Hurricane Sandy, are glimpses of the types of occurrences the world could be more vulnerable to in the future. As the devastation left by Sandy continues to reverberate, decision-makers at every...

2012-10-01 02:21:59

ST. LOUIS, Oct. 1, 2012 /PRNewswire/ -- Sigma-Aldrich Corporation (Nasdaq: SIAL) was recently recognized by the Carbon Disclosure Project (CDP), an independent not-for-profit organization working to drive greenhouse gas emissions reduction and sustainable water use worldwide, for its innovative approach to the disclosure of climate change information. "Sigma-Aldrich recognizes that the sustainability of our business depends on making smart choices regarding resource usage, which in turn...

2012-09-14 02:21:20

NEW ORLEANS, Sept. 14, 2012 /PRNewswire/ -- Entergy Corporation's sustainable practices in the areas of economic, environmental and social performance in 2011 resulted in its inclusion in two premiere leadership indices. Entergy (NYSE: ETR) was named to the 2012/2013 Dow Jones Sustainability North America and World Indices. The company was one of only two U.S. companies in the electric utility sector selected to the Dow Jones Sustainability World Index. In addition, Entergy is...