What advice would you give companies trying to maintain strong financial performance, while also prioritizing capital towards energy transition and climate initiatives during this economic volatile time?
The uncertainty and volatility that companies are facing only highlights the critical role that climate scenario analysis plays in the path to net zero. Companies need to take a long-term view as they develop their climate strategies.
Understanding how their business will perform under various carbon pathways and the strategic responses they will take ensures the optimal risk-adjusted return for their investments.
For more information about climate resiliency and response and other ESG topics, you can access our 2021 ESG Impact Report here.