Support for environmental proposals has never been higher, and companies are feeling the pressure from stakeholders of all kinds: not only investors, but also customers and employees.
In his January 2022 letter to CEOs, BlackRock CEO Larry Fink warns that organizations that fail to plan for a carbon-free future risk being left behind. Companies seen as not taking ESG and climate change seriously will be particularly vulnerable in today’s activist shareholder environment.
The climate crisis can have a huge impact on your business – and while the longer-term implications may be obvious, there are a number of specific operational and business risks that your organization may not have considered. Below we outline five key climate change risks you could be in danger of overlooking – and we highlight the benefits of addressing them proactively.