Climate Impacts on Businesses
It was harder for this state to recover from hurricane Helene in September 2024 than Florida.
What is North Carolina?
Rising insurance cost is a major climate concern for business clients in high-risk zones because of this.
What is insurance withdrawal or unaffordability?
These constrain explicit climate framing.
What are Anti-ESG laws?
The three factors that affect the magnitude of climate impact on a business client.
What is size, location, and industry?
These sized firms tends to experience higher risk and slower recovery after climate-driven disasters.
What are small and mid-sized firms?
Investors want banks to train what employee group to better understand climate risks?
Who are loan officers?
Business clients in blue states may expect climate-forward action, while clients in red states may prefer what?
What is neutrality?
The reason it is difficult for GeneriBank to set a single climate strategy.
What are diverse and conflicting client expectations?
Name the 2 of the 3 sectors where small and mid-sized businesses face the highest climate vulnerability.
What is tourism, agriculture, or commercial real estate?
One major limitation banks face when trying to support clients with climate planning.
What is uneven climate data or politically divergent state environments?
Solar/efficiency upgrades incentivised with lower interest rates are examples of this.
What is climate aligned financing?
Many business clients prefer to “focus on their business” unless climate ties to this.
What is return on investment or financial benefits?