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From FM Global

If flood is allowed to disrupt your business, your stock value could drop significantly in the next 12 months, reflecting investors’ shaken confidence in your company’s managerial decision-making. That is according to a new analysis commissioned by FM Global and conducted by analytics advisory group Pentland Analytics.

Although the pandemic dominates the world’s attention, climate risk is simmering in the background, with 57% of Asia Pacific CEOs and CFOs reporting that addressing climate risk is a high priority in their company.

Following recent tragedies in the U.S., stemming from racial and other social injustice and whose impact is being felt globally, FM Global, one of the world’s largest commercial property insurers, is donating US$500,000 to the Equal Justice Initiative.