heat map of climate change globally (Photo: Shutterstock)

Across all industries, there is a widespread and growing acknowledgment of climate-related risks and opportunities. Regulators expect large organizations to measure, report, and disclose their risks from the changing climate to avoid financial shocks. Investors are demanding that businesses measure their exposure to physical climate risk, which they view as material and significant, and many are beginning to divest from carbon-intensive assets.

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