According to a survey
completed by KPMG,
nearly 60%
of Canadian small-
and medium-sized businesses
have been directly impacted
by extreme weather events
thus far
in 2023.
54% saw a substantial increase
in their costs.
44% reported direct losses
in revenue.
51% experienced supply chain disruptions.
45% said their facilities were damaged.
And 41% had to relocate their operations
or move to alternative facilities.
THIS is why
climate change is a business building issue.
THIS is why
I talk about it here
on client k.
The extreme impacts
of climate change
are merely beginning
world-wide.
If we want to be successful,
especially long term,
we have to prepare for this.
Doron Telem,
national ESG leader
at KPMG in Canada,
states
“To address the new reality,
companies need to have
business-interruption plans
at the ready
and will also require
stronger, more robust
climate resiliency
and adaptation plans.”
Climate change is a business issue.
Address it.