Physical risks from climate change

Climate change has already started to cause a wide range of physical effects— with serious implications for investors and businesses. While weather variability and extremes have always existed, the science shows that extreme weather events are becoming more frequent and intense, that incremental climatic changes are already underway, and that the impacts of climate change are expected to grow more severe over the coming years and decades. Companies are already experiencing business impacts from weather-related phenomena that climate change is expected to make more common and/or intense. This document is designed as a guide to help chart a course for companies to disclose and manage such risks.