As governments worldwide focus on tackling a coronavirus meltdown, amid plummeting demand for fossil fuels, it may seem climate change has dropped down the agenda of firms across the financial and energy sectors.
But while the current pandemic grabs the headlines, the longer term challenge of climate change and transition to a low-carbon economy remains. Pressure has been growing on energy firms, and those that invest in and lend to the industry, to measure and disclose all aspects of climate risk affecting their business, and develop new strategies to mitigate the threat.
This Climate Risk Special Report offers an inside view on the key challenges these firms are facing in moving to a greener future, the progress made to date, and what's needed to drive sustainable change.