By Dickon Pinner and Kevin Sneader | McKinsey & Company
Business leaders can no longer ignore the physical effects of climate change, at least not without peril. Global infrastructure, supply chains, food systems, asset prices, land and labor productivity, and economic growth itself are increasingly at risk of deterioration due to a rapidly changing climate. And a more connected global economy means that risk in one part of the world will often extend well beyond the place of immediate impact.
