Employees are an essential part of any business. Naturally, the well-being of our workforce is important, which is where insurance costs come in.
How can climate change impact our well-being and health? Frequent extreme weather events (e.g. heatwaves, haze and heavy floods) can create an unsafe environment and increase the chances of climate-sensitive health risks – such as physical injuries, respiratory illnesses and mental health.*
Over time, these risks can lead to the rise of medical, insurance and health equipment cost like HEPA filters, masks and more.
Fighting climate change is not an easy task and takes much effort from all parties. However, there are small and easy ways that businesses can do to ensure the wellbeing of its people – such as allowing flexible working hours, ensuring a safe working environment and conducting a company-wide initiatives to encourage sustainable practices in the company.