Bold Climate Action Can be Great for Business, Study Finds

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Authors of a study of 9,200 Asia-Pacific companies say climate action is becoming "an essential financial strategy" for businesses, which lowers risks and yields tangible benefits

The post Bold Climate Action Can be Great for Business, Study Finds appeared first on Asia Financial.

Syed Shams and Sudipta Bose, who studied at universities in eastern Australia, said they and two colleagues assessed three common types of business risk – idiosyncratic risks faced by a particular company, systematic risks that affect the whole market, such as economic downturns, and total risks (a combination of the former).

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaIndiaIndonesiaJapanSouth KoreaMalaysiaNew ZealandPhilippinesSingaporeTaiwanThailand

Topics: Markets Southeast Asia Electric Vehicles ESG New Energy Market Insights Global Green Energy Transport and Technology Leaders Index Energy New Energy Vehicles Energy Insights World Oceania Fintech Insights Asia North Asia

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 11:38:07 (1 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 664 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 22373117

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