<html><head><meta http-equiv="Content-Type" content="text/html; charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div style="margin: 0px; font-stretch: normal; line-height: normal;" class=""><span style="font-kerning: none; background-color: #ffffff" class="">Nature Climate Change Dec 10, 2018</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal;" class=""><span style="font-kerning: none; background-color: #ffffff" class="">Perspective</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 105, 217); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><a href="https://www.nature.com/articles/s41558-018-0340-5" class=""><b class="">The private sector’s climate change risk and adaptation blind spots</b></a></span></div><div style="margin: 0px 0px 0px 36px; text-indent: -36px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Allie Goldstein, Will R. Turner</span><span style="font-kerning: none; color: #0069d9" class=""> </span><span style="-webkit-font-kerning: none;" class="">et al</span></div><div style="margin: 0px; font-stretch: normal; font-size: 16.4px; line-height: normal; min-height: 19px;" class=""><span style="font-kerning: none" class=""><b class=""></b></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><b class="">Abstract</b></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">The private sector is already experiencing the impacts of climate change, from increased operational costs to disrupted production. Investors are increasingly asking companies to disclose these risks as the physical consequences of climate change become financially material. In reviewing more than 1,600 corporate adaptation strategies, we find significant blind spots in companies’ assessments of climate change impacts and in their development of strategies for managing them. Adaptation approaches that consider broader climate change risks to supply chains, customers and employees, and that integrate ecosystem-based strategies, could limit the ‘tragedy of the horizon’ characterized by inadequate and too-late action.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><br class=""></span></div><div class="">
<div style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div style="color: rgb(0, 0, 0); font-family: Verdana; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><span style="font-size: 12px;" class="">+++++++++++++++++++++++++++<br class="">"The biosphere -- this thin film of air and water and soil and life no deeper than ten miles, or one four-hundredth of the earth's radius -- is now the setting of the uncertain history of man."<br class=""><br class="">“Man must learn to see himself in his true place and proportion in the biosphere.”<br class=""><br class="">The Editors, Scientific American. Foreword to The Biosphere, the book version of Scientific American’s September 1970 special issue on The Biosphere.<br class=""> </span></div></div>
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