Winter doesn’t just bring fluffy snow, it can create black ice that turns roads into rinks, and unleash hail that hammers your car. Since 2008, losses related to hailstorms have grown fivefold, now costing an estimated $10 billion annually. Climate change is linked to larger hailstones that cause more severe damage. As blizzards, ice storms, and hailstorms grow fiercer and more frequent, auto insurers face a growing number of claims and skyrocketing repair and medical costs. This pushes premiums higher, e ...

Core Insights - JPMorgan Chase has recognized the need for climate expertise in response to client demand for understanding climate change and its impact on business operations [5][6] - Sarah Kapnick, appointed as JPMorgan's global head of climate advisory, combines her background in climate science with economic insights to guide clients in navigating climate-related risks and opportunities [4][6] Group 1: Role and Importance of Climate Advisory - The role of climate advisory is distinct from that of a chief sustainability officer, focusing on integrating climate science with economic implications for businesses [6] - Clients seek frameworks for strategic thinking about climate change, including its effects on operations, diversification, and long-term business plans [5][6] Group 2: Practical Applications for Investors - Investors are making decisions based on climate-related information, such as assessing wildfire risks and adapting infrastructure investments accordingly [9][10] - The advisory role includes providing insights on evolving regulations and data usage to help clients prepare for future uncertainties [7][10] Group 3: Data Challenges and Adaptation - The reduction of government data availability due to budget cuts has prompted a shift towards private sector data sources, leading to an adjustment period for clients [12][13] - Companies are increasingly building in-house teams to assess climate data credibility and guide decision-making processes [13] Group 4: Urgency of Climate Change - Climate change is presented as an immediate risk affecting financial outcomes today, rather than a distant future concern [14]

Core Insights - Wheaton Precious Metals Corp. published its 2024 Sustainability Report and Climate Change Report, emphasizing its commitment to integrating ESG considerations into its operations and decision-making processes [1][2] Sustainability Report Highlights - The 2024 Sustainability Report provides a comprehensive review of Wheaton's performance in environmental, social, and governance (ESG) topics, including updates on its ESG strategy, targets, and commitments [3] - The report indicates that 100% of new streaming agreements in 2024 were screened for ESG issues and risks [7] - Wheaton has contributed over $53 million globally since 2009 through its Community Investment Programs, with more than $8.5 million allocated to charitable causes in 2024 [7] Climate Change Report Highlights - The 2024 Climate Change Report outlines how Wheaton is addressing climate change risks and opportunities, as well as potential climate-related impacts [4] - The company refreshed its climate scenario analysis to support ongoing assessment and management of climate risks [7] - A gap analysis was completed against the International Sustainability Standards Board's S2 standard, leading to updates in the Climate Change Report [7] Standards and Recognition - Wheaton's reports are informed by GRI Standards and SASB Asset Management, and Metals and Mining Standard, as well as the IFRS S2 Climate-Related Disclosures Standard [5] - The company has received top ratings in ESG from various agencies, including Sustainalytics and MSCI, and is recognized among Corporate Knights' most sustainable corporations [7] Governance and Diversity - 50% of Wheaton's board members represent diverse backgrounds, including women and visible minorities [7] - 86% of 2023 Scope 3 financed emissions are covered by emissions reduction targets aligned with a 2°C or less scenario [7]

Core Insights - Amazon CEO Andy Jassy stated that tariffs imposed by the Trump administration have not affected the company's sales or average selling prices, with no significant price increases observed [2][4] - Shareholders rejected all eight proposals during the annual meeting, which included topics on climate change, AI oversight, and corporate governance [4][5] - Amazon will disclose detailed voting results in a securities filing [5] Group 1: Sales and Pricing - Jassy emphasized that with 2 million sellers, pricing actions vary, leading to no uniform price changes across the platform [2] - The company has not experienced meaningful average selling price increases despite the tariffs [2] Group 2: AI Investments - Jassy confirmed that Amazon has no plans to reduce its AI investments, countering reports suggesting otherwise [3] - Changes in data center deployments are attributed to timing rather than a reduction in overall investment [4] Group 3: Shareholder Proposals - All eight shareholder proposals were vetoed, including requests for reports on climate-related risks, advertising practices, and warehouse working conditions [4][7] - Shareholders re-elected all 12 board nominees and approved the executive compensation plan [5]

Core Points - The PG&E Corporation Foundation is launching the Better Together Nature Positive Innovation Grant program, offering a total of $500,000 in grants for environmental stewardship initiatives [1][3] - Five regional grants of $100,000 each will be awarded to projects focused on air quality, land, and water stewardship within PG&E's service area [2][8] - The program aims to support innovative solutions to environmental challenges and prioritize projects that benefit disadvantaged and vulnerable communities [6][7] Grant Details - Eligible applicants include government organizations, educational institutions, and 501(c)(3) nonprofit organizations [8] - The application deadline for the grants is July 18, 2025 [8] - The grants are funded by PG&E shareholders, not customers, emphasizing the company's commitment to community investment [3][4] Community Impact - The program encourages local collaboration and aims to share successful strategies publicly to foster sustainable habitats [4][7] - Previous grant recipients have included organizations like Kitchen Table Advisors, which supports small-scale regenerative farmers, and the El Dorado Fire Safe Council, which aids vulnerable populations in wildfire resilience [5]

Shell plc (SHEL) is under intensifying legal scrutiny as environmental organization Milieudefensie, the Dutch branch of Friends of the Earth, announces fresh legal action. The NGO, based in Netherlands, claims that by investing in new oil and gas projects despite a previous court decision requiring emissions reductions, the integrated oil and gas company violated its duty of care under Dutch law. This case could escalate tensions between fossil fuel corporations and climate activists pressing for stricter a ...

Core Viewpoint - WuXi Biologics has been recognized by CDP for its leadership in climate change disclosure and performance, achieving an "A-" score for the second consecutive year, highlighting its commitment to sustainability and environmental stewardship [1][2][4]. Company Achievements - WuXi Biologics has adopted an integrated strategy to address climate change, aiming for net-zero emissions by 2050 and achieving a 30% reduction in GHG emission intensity from 2020 levels in 2024 [3]. - The company has received multiple accolades for its sustainability efforts, including an MSCI AAA Rating, EcoVadis Platinum Medal, and inclusion in the Dow Jones Sustainability Indices for two consecutive years [4]. Environmental Initiatives - WuXi Biologics is committed to the Science Based Target initiative (SBTi) and actively pursues energy-saving initiatives, including process optimization and infrastructure upgrades [3]. - The company has achieved a 100% renewable electricity supply at its Ireland site and is deploying rooftop photovoltaic power projects [3]. Industry Context - CDP serves as a global standard for corporate environmental reporting, with nearly 25,000 companies reporting their environmental data in 2024, representing two-thirds of the global market value [2]. - The recognition from CDP is significant as it influences investment and procurement decisions towards a sustainable economy [2].

Core Insights - NVIDIA has introduced the Omniverse Blueprint for Earth-2 weather analytics to enhance the accuracy of weather forecasting solutions [1][2] - The climate-related weather events have caused a $2 trillion impact on the global economy over the past decade, highlighting the need for improved risk management and disaster preparedness [2] - The Omniverse Blueprint provides reference workflows, including GPU acceleration libraries and AI frameworks, to facilitate the transition from prototyping to production in weather forecast models [3] Technology and Tools - The blueprint includes NVIDIA NIM microservices such as CorrDiff for downscaling and FourCastNet for predicting global atmospheric dynamics, which are already in use by various weather technology companies and government agencies [4][10] - The Earth-2 platform allows developers to create solutions that provide rapid warnings and updated forecasts, significantly faster than traditional CPU-driven models, with a market size of $20 billion in climate tech [6] - NVIDIA's CorrDiff model is noted for being 500 times faster and 10,000 times more energy-efficient than traditional methods for delivering high-resolution weather predictions [10] Industry Adoption - Companies like G42, JBA Risk Management, and Spire are among the first to adopt the Omniverse Blueprint, developing AI-augmented solutions for advanced weather forecasting and disaster management [5][8] - G42 is integrating the blueprint with its AI-driven forecasting models to enhance the UAE's National Center of Meteorology's capabilities [7] - Spire Global is utilizing AI components from the blueprint to create new products that integrate satellite data for medium-range forecasts, achieving a speed increase of 1,000 times compared to traditional models [8] Collaboration and Ecosystem - The blueprint supports collaboration with industry leaders, including Esri and OroraTech, to enhance geospatial technology and data integration [11] - Tomorrow.io is contributing satellite data to help create an NVIDIA digital twin of Earth for advanced AI model training [12] - The Omniverse platform enables independent software vendors to develop AI-augmented solutions, enhancing the speed and accuracy of weather forecasting [11] Computational Power - The Omniverse Blueprint leverages NVIDIA DGX Cloud for full-stack acceleration in AI-augmented weather forecasting, utilizing advanced supercomputers for climate simulations [14]