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Centrica, Nestle, Swatch among companies exposed to physical climate risks-investors

Centrica, Nestle, Swatch among companies exposed to physical climate risks-investors

European energy firms Centrica and Galp, food group Nestle and watchmaker Swatch are among 50 companies worldwide that are highly exposed to physical climate risks, investors with $10 trillion in assets say.

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nuclear energy climate

Climate could pay the price as Europe's nuclear plants age

Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe's ageing reactors, raising the risk of higher carbon emissions as fossil fuels plug the gap.

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