Over the past three years extreme weather events have swept the globe, disrupting communities and imposing enormous economic losses. Increasingly, financial regulators and investors have demanded climate-related disclosures from companies in an effort to anticipate the coming risks and opportunities.
In response to a 2018 CDP survey, 6,707 companies disclosed information on their exposure to climate change. Firms reported $970 billion at risk from environmental factors, over half of which were deemed “likely,” “very likely,” or “virtually certain” to materialize over the next 5 years. In addition, 225 companies reported opportunities associated with climate change, representing $2.1 trillion in value driven by demand for low-emission products and services.
Join us for a call with CDP as they present some of the key findings from this insightful survey, as well as the significant opportunities available to companies that effectively manage the transition to a low-carbon economy.