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U.N. Secretary General António Guterres spoke at the TIME100 Summit in New York this week.
António Guterres now emphasizes the breakdown of international norms over climate risks.
KEY POINTS
- Executives and boards now prioritize supply security over cost, a reversal from past strategies.
- Discussion of major infrastructure investments, like bypassing the Strait of Hormuz, has intensified.
- Over 80% of boards now factor political risk into strategy, doubling in three years.
- Redundancy and local supply chains are prompting higher emissions but also greater energy security.
COMPANIES
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