The National Roundtable on Economy and Environment estimates that the cost of inaction on climate change will cost Canada between CAD $21 billion to $43 billion per year by the 2050’s. Investors, insurers and consumers are penalizing organizations they perceive to have too much exposure to climate change. The private sector has a significant role to play to innovate and invest in the low carbon economy and in doing so mitigate their own business risks while contributing to larger environmental objectives.
This updated report on Climate Change for Business 2.0 is a primer for any business looking to take first and next steps to mitigating risks and understanding opportunities of climate impacts.
Read the full report here.