Climate Change Risks

🏨 Climate change: A growing concern for Europe's hotels? The 2024 edition of the European Accommodation Barometer finds that 41% of European hoteliers believe climate change will have a high or very high impact on their business within the next three years. This concern is particularly pronounced in Southern Europe, the low-lying Netherlands, and Nordic regions increasingly affected by extreme weather events like droughts and forest fires. Strengthening resilience in the face of a changing climate is increasingly becoming a priority for hoteliers. Driven by a desire to improve guest perceptions, achieve long-term cost savings, and attract sustainability-conscious travelers, a majority of European accommodations surveyed have declared their intention to invest in #sustainability initiatives over the next year. Notably, 45% of businesses plan to allocate around one-quarter of their investments to this priority, while about one-third of hoteliers stated they would invest little to nothing. Over two-thirds of European hoteliers cite long-term cost savings as their primary motivation, a critical factor given the steep rise in energy costs. Additionally, 62% aim to enhance guest perception and reputation, while 48% are motivated by the desire to obtain sustainability certifications. These factors highlight the multifaceted benefits of sustainability investments, extending beyond environmental impact to include financial and reputational gains. While some hoteliers remain skeptical, with 24% doubting the impact of #ClimateChange on their businesses, the overall trend indicates a growing recognition of the need for proactive measures. 🛎️ This post is a part of the #TitansOfTravel series – a result of a collaboration between Statista and Booking.com, where we explore 🇪🇺 Travel Industry and #EUcompetitiveness, reaffirming established conventions while challenging a few myths. The Titans of Travel eBook is free to download and you can find it here: https://lnkd.in/ekVDFu_C

A temperature difference of just 5 degrees can cost you 50 grams per bird. Poor air quality creates even bigger problems. Birds exposed to 35 ppm ammonia weighed 694 grams less than birds in clean air conditions. That's nearly a 31% difference in final weight. Heat stress makes birds eat 98 grams less feed daily and gain 151 grams less body weight. When you pack too many birds together, the problem gets worse. Birds housed at 26 per square meter gained 207 grams less than those at 18 per square meter during hot weather. These stress factors work silently. You won't see obvious signs until weeks of poor growth have already happened. The solution is accurate weight monitoring. Weight changes show problems before other symptoms appear. Proper weighing systems like BAT scales help catch these issues early, when you can still fix them. You cannot manage what you don't measure correctly. Sources: Liu, L., et al. (2020). Heat stress impacts on broiler performance. Poultry Science, 99(11), 6205-6211. Son, J., et al. (2022). Effects of stocking density on growth performance under high temperature. Antioxidants, 11(5), 871. Zhou, Y., et al. (2020). Effects of ammonia exposure on growth performance and cytokines. Poultry Science, 99(5), 2485-2493. Quintana-Ospina, G. A., et al. (2023). Effect of environmental and farm-associated factors on live performance parameters. Animals, 13(21), 3312.

Thyssenkrupp’s recent warning about its €3 billion green steel plant in Duisburg raises serious questions about the practical implementation of industrial #decarbonization in Europe. CEO Miguel Lopez’s stark admission that this flagship project is “operating beyond the limits of economic viability” should be a wake-up call for industry leaders and policymakers alike. The world’s most modern steel plant risks becoming a stranded asset because of a fundamental oversight: ensuring adequate hydrogen infrastructure BEFORE committing billions to construction. This situation highlights three critical failures: 1️⃣ Planning disconnect: How did Thyssenkrupp commit to a €3B investment without securing viable hydrogen supply chains first? The project requires 104,000 tonnes of hydrogen by 2028, scaling to 151,000 tonnes annually—volumes that Germany’s current infrastructure cannot support at competitive prices. 2️⃣ Public funding questions: German taxpayers provided €2B toward this project. Was this investment made with realistic assessments of hydrogen availability and cost? Or are we witnessing another case of green ambitions racing ahead of practical realities? 3️⃣ Industry transformation challenges: Thyssenkrupp’s predicament reflects a broader issue in Europe’s industrial decarbonization strategy—ambitious targets without the necessary infrastructure to support them. Don’t mistake my criticism for opposition to #greensteel. We absolutely need this transition. But successful decarbonization requires honest assessment of infrastructure needs, technological readiness, and economic viability. For industry leaders watching this unfold: Are your green transition plans built on realistic hydrogen availability projections? Or are you risking similar economic pitfalls? For policymakers: Infrastructure must come first. Hydrogen pipelines, renewable energy capacity, and competitive energy pricing are prerequisites for—not consequences of—industrial green transitions. This isn’t just Thyssenkrupp’s problem. It’s a warning for Europe’s entire industrial decarbonization strategy. #GreenSteel #IndustrialDecarbonization #HydrogenEconomy #EnergyTransition #IndustrialPolicy https://lnkd.in/dEb8V_Xp

𝗔𝘀𝗰𝗶𝘁𝗲𝘀 𝘃𝘀 𝗛𝗲𝗮𝘁 𝗦𝘁𝗿𝗲𝘀𝘀 ⚠️🐔 Two major management-related challenges that can silently impact poultry performance, increase mortality, and reduce overall profitability if not addressed at the right time. While Ascites is commonly associated with poor oxygen supply, rapid growth, and cardiovascular stress, Heat Stress mainly occurs due to high environmental temperature and humidity affecting the bird’s thermoregulation system. 🔍 𝗔𝘀𝗰𝗶𝘁𝗲𝘀 (𝗪𝗮𝘁𝗲𝗿 𝗕𝗲𝗹𝗹𝘆) • Swollen abdomen due to fluid accumulation • Difficulty breathing and lethargy • Cyanosis in comb and wattles • Often linked with poor ventilation and rapid growth ☀️ 𝗛𝗲𝗮𝘁 𝗦𝘁𝗿𝗲𝘀𝘀 • Excessive panting/open-mouth breathing • Drooping wings and dehydration • Increased water intake and reduced feed intake • Common during high temperature and humidity conditions 🛡️ 𝗞𝗲𝘆 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗙𝗼𝗰𝘂𝘀 ✔ Proper ventilation ✔ Temperature monitoring ✔ Cool clean drinking water ✔ Balanced nutrition ✔ Early flock observation and intervention Early detection and proper environmental management remain critical to reducing mortality and maintaining flock performance during challenging conditions. Roshanali Group #PoultryIndustry #Ascites #HeatStress #PoultryManagement #BroilerFarming #AnimalHealth #PoultryHealth #LivestockIndustry #PoultryCare

A CFO asked me last month: "𝘐𝘴 𝘰𝘶𝘳 𝘦𝘹𝘱𝘰𝘴𝘶𝘳𝘦 𝘵𝘰 𝘌𝘶𝘳𝘰𝘱𝘦𝘢𝘯 𝘤𝘭𝘪𝘮𝘢𝘵𝘦 𝘳𝘪𝘴𝘬 𝘢𝘤𝘵𝘶𝘢𝘭𝘭𝘺 𝘱𝘳𝘪𝘤𝘦𝘥 𝘪𝘯𝘵𝘰 𝘰𝘶𝘳 𝘣𝘢𝘭𝘢𝘯𝘤𝘦 𝘴𝘩𝘦𝘦𝘵?" The honest answer: almost certainly not. Europe is the fastest-warming continent on Earth. The EEA's 2024 risk monitor identifies 36 major physical risk clusters across EU member states — floods, droughts, heat stress, coastal erosion — with direct, quantifiable financial exposure. Many organisations are still treating this as a 2030 problem. It isn't. 𝗧𝗵𝗿𝗲𝗲 𝘁𝗵𝗶𝗻𝗴𝘀 𝗜 𝘀𝗲𝗲 𝗯𝗼𝗮𝗿𝗱𝘀 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝘄𝗿𝗼𝗻𝗴 𝗿𝗶𝗴𝗵𝘁 𝗻𝗼𝘄:  • → Confusing CSRD disclosure with a risk model. Disclosure tells you what happened. A risk model tells you what it will cost.  • → Using global averages instead of asset-level data. Southern European assets are repricing 3–5× faster than Northern ones.  • → Treating insurance retreat as someone else's problem. When insurers exit a market, the residual liability lands on the balance sheet. 𝗧𝗵𝗲 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻 𝗶𝘀𝗻'𝘁 𝘄𝗵𝗲𝘁𝗵𝗲𝗿 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗿𝗶𝘀𝗸 𝗶𝘀 𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹. 𝗜𝘁 𝗶𝘀 𝘄𝗵𝗲𝘁𝗵𝗲𝗿 𝘆𝗼𝘂𝗿 𝗼𝗿𝗴𝗮𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗵𝗮𝘀 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻-𝗴𝗿𝗮𝗱𝗲 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗼𝗻 𝗶𝘁 — 𝗼𝗿 𝗷𝘂𝘀𝘁 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗽𝗮𝗽𝗲𝗿𝘄𝗼𝗿𝗸. What are you actually using to price this exposure? #ClimateRisk #TransitionFinance #Sustainability #BoardStrategy

Climate risk is no longer an abstract future problem. It is hitting the P&L today. 📉 A recent piece from Skift caught my eye regarding Marriott Hotels’s latest financial filings. One of the he world's leading hotel chains has made a notable shift in how they discuss climate change and extreme weather. They updated their language from warning that climate events "could" raise costs, to stating that they "have" raised costs. Why this matters - It validates what many of us in the sustainability space have been discussing for a while: Environmental risk is financial risk. According to the reporting, the impacts of extreme weather are already showing up in: 🧾 Surging insurance premiums for properties in high-risk zones. ⚙️ Increased operating expenses related to energy and property resilience. For years, sustainability in hospitality was often viewed primarily as a CSR initiative or a marketing tool. But when major players explicitly link climate impacts to their bottom line, the conversation shifts. Sustainability is no longer just about reducing a carbon footprint, it is about protecting asset value, stabilizing operating costs, and future-proofing the business. Are you starting to see these financial impacts on the ground in your region? Read the full piece here: https://lnkd.in/e37MqYEn #SustainableTourism #Hospitality #ClimateRisk #AssetManagement #HotelOperations #Marriott #FutureProofing

🔥 HEAT STRESS ISN’T JUST A SUMMER ISSUE — IT’S A SILENT PRODUCTIVITY KILLER #LayerIndustry | #PoultryScience | #TechnicalInsight We all know summer is tough on birds. But how many of us are actively calculating the real cost of heat stress across the flock? ➡️ Drop in egg production ➡️ Poor eggshell quality ➡️ Reproductive failure ➡️ Increased mortality ➡️ Fertility issues in roosters ➡️ Immunosuppression But here’s what most advisors and managers still miss: 👉 The damage doesn’t start at 40°C — it starts the moment your birds step out of the thermoneutral zone. Above 25°C, chickens begin shifting from sensible heat loss (radiation, conduction, convection) to evaporative cooling via panting. That panting leads to CO₂ depletion, which causes respiratory alkalosis. The result? ❌ Reduced carbonic anhydrase activity ❌ Less calcium delivered to the shell gland ❌ Thinner, weaker eggs And no — adding more calcium won't fix it. 🎯 So, what should a science-based, performance-focused farm do? ✔️ Install and maintain high-flow drinker systems — water flow >70 ml/min/nipple ✔️ Keep water below 25°C — flush lines in the afternoon ✔️ Do not feed during peak heat — shift feed to early morning and use midnight lights ✔️ Reformulate the diet: – Reduce crude protein – Focus on digestible amino acids – Add organic zinc and vitamin C (200–300 mg/kg) ✔️ Rebalance electrolytes (Na, K, Cl) to restore acid-base balance ✔️ Use stir fans + foggers effectively — air velocity of 2 m/s minimum ✔️ Never vaccinate during peak stress hours 💡 Heat stress is not just about comfort — it’s about survival, productivity, and immune competence. As poultry professionals, we must engineer resilience into our flocks with climate-adapted management, smart housing, and precise nutritional strategy. 📈 If you’re not planning for heat, you’re planning for loss. Let’s stop reacting to panting birds. Let’s start preventing heat damage before it starts. 📌 Want to talk performance strategy, water systems, or feed formulation for heat resistance? Connect with me — I’m always open to share ideas and real-world practices. #HeatStress #PoultryWelfare #EggProduction #AnimalScience #VetNutrition #ClimateSmartAg #LayerManagement #HyLine #FlockHealth #PoultryResearch #Agribusiness #SustainableFarming

🚨 Heat Stress in Poultry: A Critical Challenge for Farmers! 🚨 🌡️ As temperatures rise, poultry struggle to maintain their body heat balance, leading to severe health issues and economic losses. Here’s a breakdown of how heat stress affects birds and how to combat it effectively. 📊 Understanding Heat Stress in Poultry 🔹 Temperature of Comfort (35°C) ✅ 75% Heat loss via conduction, convection, and radiation 25% via evaporation (panting) 🔹 Increased Temperature (40.5°C) ⚠️ 50% heat loss through evaporation 40% through conduction, convection, and radiation Higher heart & respiratory rates 💓 🔹 Ambient Temperature Too High (42°C) 🔥 Heat Stroke Risk 80% heat loss via evaporation (inefficient if humidity is high) Birds lie down, struggling with high heart rates & dehydration 🔹 Excessive Temperature (45°C) 🚨 Vital distress, respiratory system failure, and death 📉 Consequences of Heat Stress 🦠 Physiological Effects: ✅ Respiratory: Panting, dehydration, alkalosis ✅ Cardiovascular: Blood thickening, increased heart rate 💔 ✅ Metabolic: Increased oxidative stress, free radical damage ✅ Immune System Suppression: Birds become vulnerable to diseases 🐔 Behavioral Changes: ❌ Reduced feed intake ❌ Seeking shaded/ventilated areas ❌ Immobility, ruffled feathers, perching 🛡️ Mitigation Strategies for Heat Stress Management 🌬️ Ventilation & Cooling Systems 💧 Cool, clean drinking water with electrolytes 🥦 Nutritional Adjustments (Betaine, Vitamin C, Organic Acids) 🏠 Housing Modifications (Insulated roofs, fogging systems) 🚀 Proactive management is the key to protecting poultry health and farm profitability! #PoultryFarming 🐔 | #HeatStress 🌡️ | #FarmManagement 🚜 | #PoultryHealth | #SustainableFarming

Green Steel Isn’t Just About Net Zero—It Makes Business Sense. The future of steel is low-carbon and high-profit ! In my last post, we explored India's Green Steel Taxonomy and why steel is so carbon-intensive (link in comments)  Now, let’s talk business resilience & profitability for Green Steel—because the numbers speak for themselves. Let’s break this down !  👉 Current Data - most Indian steel production does not qualify as green steel  • Emission Intensity: 2.6 tCO₂/tonne (38% above global avg)  • Indicative Production Cost: $400-600 per tonne   👉 Impact on EXPORTS - Direct Hit to Margins for Inaction & $100B Growth Opportunity for action • Europe Penalties (2026+) for emissions > 2.2 tCO2/t : $65/MT (till 2030), rising to $145/MT (2030+). • Cost Impact : upto 10% -30 % increase • Margins at risk: current ~10% margins, CBAM could turn them negative. • Growth Opportunity : global green steel market : $4 Billion (2024) to $100 billion (2031), CAGR 60%   👉Impact on DOMESTIC Market - Indian Government Prioritising Incentives for Profitable Decarbonisation • 95% of India’s steel serves domestic market, set to grow 1.5 times by 2030  • India’s ₹15,000 Cr ($1.7B) Green Steel Mission is in development, focusing on : green steel Incentives , Lower financing costs , Boosting R&D • 15% Green Steel in Government Purchases by 2031 • Other Govt. Incentives : Renewable energy discounts, Carbon credit trading, Production-linked incentives The BOTTOM LINE ? If steelmakers stay above 2.2 tCO₂/tonne, they face higher costs, lost exports, shrinking margins, and missed growth. Key SHORT TERM solutions ? to cut energy costs, lower emissions, unlock incentives & growth  1. Energy Efficiency: Waste Heat Recovery  • Captures high-temperature exhaust gases  • Cuts energy costs by 20-25%  • Example: JSW Steel’s Vijayanagar plant utilizes waste heat recovery to cut emissions.  2. Material Efficiency: Biochar Blending  • Replacing upto 15% of coke with biochar can cut emissions by up to 20%.  • Cost competitiveness : Biochar $200/tonne vs. Coking Coal $220/tonne.  • Example: Tata Steel Jamshedpur successfully piloted biochar in blast furnaces.  3. Circularity: Scrap Steel Use  • Scrap-based production cuts energy demand by 15% and water use by 40%.  • India produces 25M tonnes per year scrap & imports 5M tonnes.  • 2026 mandate: 8% of vehicle steel must come from recycling—a massive new market.  • Example: ArcelorMittal Nippon Steel India to increase scrap use to 10% by 2030. Whats Next ? Low-carbon fuels, Hydrogen DRI, CCUS Jindal Steel & Power Ltd. Odisha plant deploying India’s largest alkaline electrolyzer for Green H2 🎯 Lets DISCUSS What’s biggest driver for India’s green steel shift—Policy, Tech or Capital? Naveen Ahlawat Ankit Todi Prasad Dahapute Vidya Basarkod, FICE Asad Mahmood Akshay Tandon RAJEEV GUPTA 'Aanvi Mehta Adarsh Das Juha Roininen Steel Authority of India Limited #GreenSteel #ClimateTech #ProfitableDecarbonisation

🚨 The Guest Didn’t Leave. The Investor Did. Why Your Hotel’s Valuation Now Rises—and Falls—With Every Kilogram of CO₂ She had the numbers. Strong RevPAR. Solid occupancy. Great guest reviews. They just completed renovations. But then the bank added an ESG clause. And the refinance collapsed in 72 hours. Not because the rooms were wrong. Because the carbon report was. 💰 This is hospitality’s new reality: In 2024, global sustainability-linked loans (SLLs) surged past €900 billion. Margins now shift based on your carbon score—not just your brand name. 🏦 At Host Hotels & Resorts, US $5 billion in credit lines are tied directly to ESG metrics. 📉 Miss your carbon targets? You pay more. 📈 Hit them? You unlock preferential rates, stronger valuations, and exit liquidity. And yet, too many owners still ask: “Is sustainability really worth the investment?” They’re asking the wrong question. The question is: Will your hotel still be fundable without it? 💡 The Carbon Equation That Now Runs Hospitality: 🔹 Guest expectations have tipped. 93% want to make more sustainable choices. 73% want their stay to support local communities. 🔹 Valuations are changing. Hotels with credible ESG standards now command a 3–9% premium over competitors. (Cushman & Wakefield, 2024) 🔹 Capital is moving. Banks now reward hotels with lower interest rates and faster underwriting—if ESG performance is proven. 🔹 Regulators aren’t coming. They’re here. The EU CSRD and ISSB disclosure rules make carbon reporting mandatory in 2025. 🧨 And here’s the real risk: Your hotel might look profitable. But if you can’t prove it’s low-carbon, you might be sitting on a stranded asset— No refi. No buyer. No future. Because carbon is no longer a cost center. It’s a risk. A rating. A red flag. And it’s being priced into every conversation behind closed doors. ✅ What Smart Leaders Are Doing Now: ✔️ Auditing emissions down to the asset level ✔️ Aligning with science-based targets ✔️ Building investor-grade ESG roadmaps ✔️ Choosing green-certified materials & ops partners ✔️ Tracking and sharing real data—not greenwashing At Zenith Hospitality Global, we embed sustainability into the bones of every project. Not as a tagline—but as a valuation driver. From carbon dashboards to financing strategy, we help hotels turn ESG into ROI. Because this is no longer about “going green.” It’s about staying relevant. And fundable. 📩 Ready to decarbonize your hotel—before your investor walks away? 📧 hello@zenith-hospitality.com 📞 +62 821 4480 7110 🌐 zenith-hospitality.com #HospitalityLeadership #HotelInvestment #Sustainability #ESGStrategy #ZenithHospitality