Response to climate change is a priority issue on any political, economic and social agenda, and deeply influencing the way the businesses are interacting with societies.
Investors are demanding transparency around the business and financial risk posed by climate change that is driving boardroom decision-making. Companies need to translate business implications of policy, regulatory, market and technology shifts - and to disclose their responses.
Coupled with market and regulatory change, this pressure is driving business diversification (products, services, new markets, low carbon technologies, clean energy infrastructure, etc.) through organic growth, mergers and acquisitions, and construction of new infrastructure.
Companies in all sectors are pursuing innovative and value-creating opportunities across the value chain. They are embedding greenhouse gas emission reduction programs into operations and beyond, as part of day-to-day operational excellence. Carbon-intensive assets are being closed and cleaned up, while new low-carbon infrastructure is being built.
Organizations are recognizing a number of decarbonization opportunities, including low-carbon policy frameworks, financial risk assessment and reporting, corporate transition strategy, portfolio diversification into lower-carbon energies and others.
ERM and the emerging Energy Transition market
Companies worldwide partner with ERM, drawing on our 40 years industry experience and independent advisory to help them to strategically position in the emerging Energy Transition market and properly assess and address the major risks and opportunities in this area, at portfolio, company and facility level.