The cost of inaction: A CEO guide to navigating climate risk
This report analyzes growing corporate climate risks while highlighting opportunities for businesses to lead. Developed by the World Economic Forum's Alliance of CEO Climate Leaders in collaboration with Boston Consulting Group (BCG), the report examines how these risks threaten corporate profits, while highlighting the financial and strategic case for action. It showcases insights from CEOs and senior leaders, revealing how addressing risks can unlock growth in the $14 trillion green economy. The report also includes a practical guidebook for CEOs, equipping leaders with tools to navigate risks, and seize opportunities in a rapidly transforming world.
This report includes several recommended actions:
- Conduct a comprehensive climate risk assessment.
- Manage risks in current business portfolio.
- Pivot your business to unlock opportunities.
- Monitor risks & report on progress.
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