Page 142 - INTERNATIONAL SOS PR REPORT FEBRUARY 2024

3/1/24, 3:06 PM Climate Change Risks Exposed: International SOS Data Highlights Urgent Need for Preparedness - Middle East News 247

Climate Change Risks Exposed: International SOS

Data Highlights Urgent Need for Preparedness

By Middle East News 247 February 29, 2024

International SOS, the world’s leading health and security services company, today highlights insight from

the International SOS Risk Outlook 2024 report[1], shedding light on the profound impact of climate change
on businesses worldwide. The report reveals important statistics, indicating a growing awareness among
respondents regarding the significant ramifications of climate-related phenomena on various aspects of
operations and employee wellbeing. This is not a surprise for many, as 72% of respondents believe that

extreme weather events will have a significant impact on their business or people in 2024, underscoring the
tangible impact of environmental shifts expected on business operations.

In the Middle East, 62% of respondents, when reflecting on the past 12-month experience, perceive an
increase in risks related to health, wellbeing, and security. Meanwhile, 20% maintain that these risks have

stayed constant, with a further 18% indicating a decrease.

The International SOS Risk Outlook 2024 report also outlines the diverse consequences for the workforce,

including increased health risks such as heat-related illnesses and associated decreased productivity.
Extreme weather events also have the potential to lead to disruptions in global supply chains. Beyond the
physical implications, mental health and absenteeism are also key factors, as climate anxiety grips people

across the world.

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