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Companies see USD 1trn in climate risk, but more in potential reward

An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose, mostly within the next five years.

Photo: Ritzau Scanpix/Ernst Van Norde

Some USD 2.1trn worth of potential good news is embedded in those statements, according to CDP, originally called the Carbon Disclosure Project, a U.K. nonprofit that requests information on behalf of a large pool of investors.

Companies that capitalize on a shift to climate friendly products and services or that find ways to help people adapt to changing conditions could reap massive rewards.  

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