The (changing) business climate: (Credit) risks due to heat waves
Insight
- Energy
- Consumer Goods
- Mechanical Engineering
- Transport logistics
Even though the early summer of 2019 was a long time in coming – the German Weather Service warned weeks ago that last year's heat wave could be repeated in 2019 and possibly even surpassed. This would have some dramatic effects in various sectors.
Our current brief study illustrates the immediate consequences, in particular the significant impairment of the ability to service debt, using the sectors of trade, agriculture, industry and energy as examples.
Your Contacts
- Dorothée Fritsch
Head of Business Development & Strategy
- Karsten Schulze
Senior Partner & Member of the Board