Companies that fail to plan for business scenarios in a low-carbon economy risk decline or even bankruptcy, according to a submission to the Task Force on Climate-Related Financial Disclosures published today (PDF) (6 June 2016) by the Grantham Research Institute on Climate Change and the Environment and the ESRC Centre for Climate Change Economics and Policy at London School of Economics and Political Science.
The Importance of Looking Forward to Manage Risks | Zenghelis and Stern