KPMG Studies Company Climate Risks

April 9, 2008 at 11:31 am Leave a comment

A KMPG report just out underscores that aviation, healthcare, tourism, transport, oil and gas and the financial services sector are all in the “danger zone” when it comes to climate risks. The risks exist both physically and there are also adverse effects on the cards for companies in terms of regulations and reputations. The latter two especially are greatly under estimated by companies throughout all sectors. They score low on their preparedness to face with these risks.

Of all the 18 sectors reviewed, the oil and gas sector appeared best prepared for the risks. That is because the oil sector also scores highest on the physical, real, risk tally. Conversely, the transport sector scores lower on the level of risks it poses to the environment. And its level of preparedness is in line with this level of threat. The transport secor is the worst prepared for facing climate risks of all the sectors surveyed. Get a copy of the study here.

Entry filed under: Green News.

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