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Peter Dixon's picture
Director acumen7

Following a career in strategic consulting, culminating in the role of global Strategy Director of Deloitte, Peter became involved in the renewable energy industry. With colleagues, he helped set...

  • Member since 2020
  • 1 items added with 939 views
  • Dec 11, 2020
  • 939 views

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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Matt Chester's picture
Matt Chester on Dec 11, 2020

Much as we would like big corporations to do the right thing for the sake of doing the right thing, it's a bit too naive to expect they will. So making climate risk reporting the type of thing that must be standard is a great move in my opinion. 

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