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Opinion

Southeast Asia companies must recognize climate change risks

Timely corporate action will yield tremendous growth opportunities

| Southeast Asia
An Indonesian palm oil planation: The clearing of forest by palm oil companies is a significant contributor to carbon emissions.    © Reuters

Andrey Berdichevskiy is a partner and associate director at Boston Consulting Group in Singapore. Paul Marriott is Asia-Pacific and Japan president for software company SAP.

Southeast Asia is fast emerging as one of the most competitive engines of global economic activity, as reflected in average gross domestic product growth of 5% over the last decade.

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