Financial News

There’s real money at risk if we don’t address climate change. The direct economic impactsare already here and rising. As a Citi report estimated recently, the cost to the global economy of doing nothing could hit $72 trillion between now and mid-century. Numbers like that are so large they can feel theoretical, but the impacts are also very real at the level of individual enterprises. Unilever’s CEO Paul Polman has said his company loses roughly 400 million annually from climate change and extreme weather . Leading CEOs are seeing the work to manage climate change as a strategic and human imperative. Ken Powell, the CEO of General Mills says “human-caused greenhouse gas causes climate change and climate volatility and that’s going to stress the agricultural supply chain ” — as in, the system that feeds us.

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Both Current Assets And Current Liabilities Are Components Of Working Capital Which Is The Operational Aspect Of The Business.

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