The evidence of climate change is growing like a crescendo,” said Scott Thomsen, CEO of LuxWall, indicating significant impact on industries, including rising costs and property damage.
Three-quarters of the survey respondents said their companies have considered relocating due to climate risks, with nearly a quarter saying they've already relocated in part because of climate change.
Nearly half of the survey participants also believe the Midwest is the nation's least-vulnerable region when it comes to climate risks, highlighting its appeal for businesses.
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