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Asian companies to face annual costs of US$336 billion from climate risks by 2030: report (Business Times)

Only 20% of these companies have estimated the financial implications of physical climate risk

18 May 2026 | 1 min read

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[SINGAPORE] Companies listed in Asia are projected to face US$336 billion in annual costs arising from physical climate risks by 2030. That figure is expected to rise to US$477 billion by 2050, indicated a report on Monday (May 18) by the impact investing platform Centre for Impact Investing and Practices, an impact investing platform under Temasek Trust.

However, only 20 per cent of these companies have estimated the financial implications of physical climate risk, noted the report which was released at a conference organised by Temasek Trust, the philanthropic arm of Singapore investment company Temasek.

The report, which focused on climate adaptation and resilience in Asia, also noted that the region will account for 75 per cent of the global adaptation financing gap by 2030.

Full feature: https://www.businesstimes.com.sg/international/asean/asian-companies-face-annual-costs-us336-billion-climate-risks-2030-report

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