Already Customer? This enables them to realize increases in value, adequately manage risks, and set up a long-term sustainability strategy and compliant reporting. Global warming is leading to increasingly frequent and severe weather extremes. Climate change and climate protection are having an ever greater impact on economic developments. They also entail major financial risks: From power plants that do not come on stream, to the electrification of individual transport, to the increasing energy requirements for buildings.
The pressure to act on the part of politicians is increasing. The EU is supposed to be climate-neutral by A joint effort that requires a radical turnaround β also for companies, banks and insurances. Additionally, more and more reporting requirements like the framework of the Corporate Sustainability Reporting Directive CSRD and the EU taxonomy are already shaping the necessity for climate risk analysis and management of financial institutions and the real economy.
In this video series, we give you an overview of current ESG regulations and the key aspects of materiality analysis, as well as the ECB stress test. View the video series on YouTube. This is due to dynamic market conditions, physical impacts and increasing regulation.
How can companies maintain their "license to operate" and prove themselves in rapidly changing markets? The EU Action Plan, the Network for Greening the Financial System and other stakeholders are increasing the pressure to integrate climate-related risks and opportunities. Society, politicians, suppliers, investors and customers are increasingly demanding more transparency and action.
In the future, every company will have to consider the risks and opportunities from these changes in its strategy. The PwC Climate Excellence tool helps you answer these questions quickly and reliably. Climate change-related opportunities and risks are calculated on the basis of various climate scenarios and energy system models.
