Business looks to UN report for clarity on climate risks
Diageo, which sells brands such as Guinness beer and Smirnoff vodka, relies on wheat, barley, corn and maize but temperature and rainfall changes will affect some growing areas, prompting the firm to turn to less water-intensive crops such as sorghum or cassava.
For telecom companies such as Britain's BT Group, more extreme weather will not only affect its suppliers in emerging markets but its networks in Europe.
"The BT network in the UK is a strategic national asset and we are looking at how we can model (based on the IPCC report) what could happen on the flood plains over the next 50 to 100 years," said Niall Dunne, BT Group's head of sustainability.
"The more extreme weather impacts on our network, the more faults there are. BT Fibre Optic Broadband and BT Sport are multi-billion pound investments and we need to protect those in the long term."
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