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The Times

Business can no longer ignore extreme heat events – it’s becoming a danger to the bottom line

  • Written by David Lont, Professor of Accounting and Finance, University of Otago
Business can no longer ignore extreme heat events – it’s becoming a danger to the bottom lineGetty Images

When record-breaking heatwaves cause train tracks to bend, airport runways to buckle, and roads to melt, as happened in the United Kingdom last month, it is likely that business performance will suffer.

The problem is not going away, either. Businesses will need to better manage extreme heat risk. But are investors sufficiently...

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