Many of London’s businesses are ill-prepared for climate change risks: London Assembly Economy Committee report

Published: Monday, 03 August 2015 07:21

A new report by the London Assembly Economy Committee states that 54 percent of FTSE 100 firms have no business adaptation strategy in place for climate change. The report says that this means that these companies are ‘ill-prepared for climate change risks’.

The report ‘Weathering the Storm’, looks into the impact of climate change on London’s economy in terms of risks and opportunities. Other key findings include:

The report makes a number of recommendations, including:

Read the report (PDF).