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Stock impact report

Sports Economy Set to Reach $8.8 Trillion by 2050, But Physical Inactivity and Climate Threats Risk Billions Without Urgent Action

Marsh & McLennan Companies, Inc. (MMC) 
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: marsh.com
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--The sports economy is projected to reach $8.8 trillion in annual revenue by 2050, yet rising physical inactivity and escalating climate and nature risks threaten up to $517 billion of this revenue by 2030. Without coordinated multistakeholder action, potential losses could increase to as much as $1.6 trillion by 2050. This is according to Oliver Wyman, a global leader in management consulting and a business of Marsh (NYSE: MRSH), which today released Sports for People and Planet, a report produced in collaboration with the World Economic Forum.Tony Simpson, Partner and Sports Practice Leader at Oliver Wyman, said: “As well as exploring key growth drivers that are shaping the global sports economy, this report identifies three distinct pathways that reflect sport’s unique impact, including championing resource stewardship, placing sport at the heart of cities and catalysing purpose-driven capital flows. This analysis has the potential to help organisations Show less Read more
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