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04 June 2024 / Quick Take
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Copy LinkNearly halfway through 2024, it is likely that this year will break the global temperature records set in 2023. Parts of India have been suffering a heat wave of above 120 degrees F; the heat index in Miami rose above 112 degrees F in early May, exceeding prior records by 12 degrees. Workers exposed to these adverse conditions risk their health, while productivity plummets and costs rise for businesses. In addition, excessive heat can create water shortages, worsen drought conditions, and reduce crop yields.
Businesses in agriculture, warehousing, and construction are most likely to experience lower worker productivity, more medical and sick leave claims, and loss of workers due to excessive heat. During this period of low unemployment and worker shortages, businesses need to implement a robust strategy to protect their labor force from high heat conditions. This includes more frequent breaks, access to water, and access to air-conditioned facilities. While the necessary investments may seem significant, they are likely minimal compared to the costs incurred from severe heat-related issues.
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