Carbon Disclosure Project Reveals 1,000s Of Firms' Warming Fears - Droughts, Heatwaves, Defaults

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“Many of Intel’s operations are located in semi-arid regions and water-stressed areas, such as Israel, China and the southwestern United States,” warned Intel Corp. If climate change causes longer droughts in those areas, it could “potentially lead to increased operational costs since the semiconductor manufacturing process relies on access to water.

”Water shortages could also threaten Coke’s business, the company said, because climate change “could limit water availability for the Coca-Cola system’s bottling operations.

”More frequent hurricanes and wildfires could force AT&T to spend more money on repairing damage to its network, as well as “proactively relocating equipment or additional network hardening.” The company noted that disasters cost it $627 million in 2017.

Rising temperatures are already affecting “the comfort and health and well being of customers” in its theme parks, Disney wrote. “If measures are not taken to ensure low cost alternatives for cooling and managing extreme temperatures, this will not only negatively impact our customers experience, it will also impact our ability to attract and retain visitor numbers.”

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https://www.bloombergquint.com/onweb/muggy-disney-parks-downed-at-t-towers-firms-tally-climate-risk#gs.LyNsaZK6