Companies should make climate and energy key factors in their strategic planning

A new study by WWF Germany and Foundation 2° examines the effects of a “below two degrees climate path” on economic risks and opportunities for companies in the automobile and chemical industries. Businesses must include climate and energy targets in their strategic orientation to avoid losses and make use of the opportunities of the transformation to a low carbon economy, the organisations say in a press release. “Unfortunately, we currently do not see companies adequately taking into account such framework conditions,” said Matthias Kopp, head of sustainable finance at WWF.

Find the press release in German here, the study in German here, and the project website in German here.

For background, read the CLEW dossier The energy transition's effects on the economy.