Companies that fail to plan ahead on how they will operate in a low-carbon economy risk bankruptcy, warns the Grantham Research Institute in a report, since there appears to be a major gap between valuations of carbon-intensive firms on the stock markets today and their valuation if the commitments made in the Paris Agreement on climate change are to be taken seriously. The report says that while many companies have been investing heavily into renewable energy over recent years, most still don't expect to meet their targets for reducing emissions by 2050. Lord Stern and Dimitri Zenghelis publish new paper urging Financial Stability Board to deliver ambitious new reporting guidance Companies that fail to plan for how they will operate in a low-carbon economy risk decline or even bankruptcy, according to a new submission from the Grantham Research Institute on Climate Change to the... The report also warns: "The vulnerability of companies will depend on their forward strategies rather than their backward performance".
Companies that fail to plan ahead on how they will operate in a low-carbon economy risk bankruptcy, warns the Grantham Research Institute in a report, since there appears to be a major gap between valuations of carbon-intensive firms on the stock markets today and their valuation if the commitments made in the Paris Agreement on climate change are to be taken seriously. The report says that while many companies have been investing heavily into renewable energy over recent years, most still don't expect to meet their targets for reducing emissions by 2050. The report also warns: "The vulnerability of companies will depend on their forward strategies rather than their backward performance".