Navigating future climate policy changes in multinational businesses
Policy change is a major driver of climate change transition risk for global businesses. National and regional authorities are legislating increasingly stringent requirements to control emissions and implementing fiscal measures to incentivise and penalise different types of business activities.
This is not happening in a coordinated way – each country is implementing measures as it sees fit and businesses are faced with a rapidly changing patchwork of policies.
Businesses that know their complete geographical exposure of operational and supply chain activity and can rapidly assess how each change will impact costs, are best placed to adapt operations to manage policy change risks.
