mo4ch:>World's corporate giants project $1 trillion damage costs over global warming | Mo4ch News

Widely-debated climate change may cost the world’s biggest corporations nearly $1 trillion, according to the latest survey data from 215 listed firms, ranging from Apple and Microsoft to Nestle and UBS.The study, compiled by a non-profit charity CDP (Carbon Disclosure Project), reveals that corporations realize that much of the pain may be inflicted in the next five years. At the same time, data reportedly shows that many corporations still underrate all the damaging impacts that may be potentially created if no cuts in carbon emissions occur in the near future.Also on rt.com‘Baaaaaaaaa bye & good riddance’: Philippines sends thousands of tons of trash back to Canada“Most companies still have a long way to go in terms of properly assessing climate risk,” CDP’s director of climate change Nicolette Bartlett stressed, commenting on the findings.The latest research by CDP covers corporations with a combined market value of around $17 trillion. The list of the surveyed companies includ…