- Dec 11, 2020 10:25 am GMT
Over the next five years, quoted and unquoted larger companies will very likely be required to report their exposure to risks arising from climate change. A specialist task force has now reported, and the UK Government is proposing to make this requirement one of the centre pieces of Cop26. It will not be a simple proposition to report in a meaningful way to investors, and clearly there is considerable work involved. The task force recommends the use of scenarios to enable the evaluation of climate risks, and it is the author's experience that these can be exceptionally valuable, if used creatively and correctly, not only for risk evaluation, but also for strategic development.
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