Post by GIST Impact
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š„ How many more record-breaking summers will it take before extreme heat is priced into every portfolio and investment decision? The physical impacts of climate change are no longer a future scenario - they're showing up on balance sheets right now. Our latest piece breaks down what rising temperatures actually mean for businesses and financial institutions: ā Extreme heat could wipe out up to 7% of GDP in major European economies by 2030 ā Garment factories supplying global retailers are already reporting 10% productivity losses ā Supply chain disruptions, asset degradation, and surging operational costs are compounding fast Understanding that extreme heat is a risk is one thing. Being able to quantify it, map it to specific assets, and model how it evolves across future scenarios is another. š Learn more in our latest blog: https://lnkd.in/eX_DaFvd #Heatwave #ExtremeHeat #ClimateRisk