Logica and Commonwealth Partner on Financial Security Study


The report, “Feeling the Heat: Climate Change’s Impact on Worker Financial Security,” was released this month, the result of a market research partnership between Commonwealth and Logica. This study looked deeply at how the extreme or unusual weather events associated with climate change are taking a toll on the financial well-being of American workers, especially those in low to moderate income brackets.

Climate Change’s Impact on Low to Moderate Income Workers

The findings of the report are drawn from a comprehensive online survey of 1,200 workers in the United States with household incomes falling between $30,000 and $80,000 per year. This population is often found in labor-intensive jobs, service positions and working outdoors. These are the workers who often face the greatest economic vulnerabilities, making them the most susceptible to the far-reaching consequences of climate change. As stated in the report, “More than 80% of workers in our survey agree: extreme or unusual weather is happening more frequently, becoming more severe, and becoming more common because of climate change” and this is affecting the ability to work.

The Commonwealth Report Findings

Our commitment to thought leadership data is exemplified through our continuous Logica® Future of Money Study, where we monitor the evolving consumer attitudes toward money. This research not only bolsters our own thought leadership initiatives (and beyond) but also serves as a valuable resource for our clients, who utilize the insights we gather to inform their business strategies.

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