Companies rarely say why they’re avoiding a particular location, but their climate-related concerns occasionally become visible, says this academic.
PHOENIX, Arizona: When multinational companies decide where to build a factory, open a mine or establish a regional office, they have to consider whether the investment will still be profitable years into the future.
Making that decision increasingly means thinking about risks, like whether surrounding roads will flood, worker safety will be compromised by extreme heat in the summer, and clean water will be available.
As climate change increases the frequency and intensity of extreme weather events…
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