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Stock impact report

Too few wine companies are co-operating in face of climate crisis [Yahoo! Finance]

Constellation Brands, Inc. (STZ) 
Last constellation brands, inc. earnings: 4/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
Company Research Source: Yahoo! Finance
talking about the recent US presidential election but rather the news that 2024 is pretty much certain to be the hottest year on record. The fact this revelation coincides with the holding of COP29 in Azerbaijan is a particularly unhappy coincidence. As countries fret about limiting global warming to 1.5°C above pre-industrial levels, it looks as if that horse may already have bolted. This year is likely to be more than 1.55°C above those levels, following 2023 at +1.48°C. We'll have to wait longer to see if that long-term target has already been missed but the prospects are far from promising. If you don't believe that the cold, hard numbers have a real-world effect, then you haven't been watching the news lately. Around the globe, extreme weather events are claiming lives and destroying livelihoods, more frequently than at any point in recorded history. The shocking floods in Spain are merely the latest manifestation. The wine industry, like any agricultural sector, knows this Show less Read more
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