What Is El Niño—and Why Is It Back in the Boardroom Conversation? El Niño is no longer just a scientific term reserved for climate experts; it has become a boardroom issue with real financial implications. The latest El Niño cycle, intensifying through 2024–2025, has already been linked to record-breaking global temperatures, with 2024 confirmed as the hottest year on record. (and most likely 2026 will break the historical records again soon...) This warming phenomenon disrup