Climate risk is an issue facing all businesses. It has mainstream recognition as a material financial risk across physical, economic transition and litigation dimensions. For both corporate and public sector entities, regulatory and investor expectations on climate risk assessment and disclosure are accelerating, posing both risks and opportunities that need understanding, assessment and appropriate action. Find out how to thrive in a 'net zero' economy'

Failing to manage the risks associated with human rights and responsible sourcing can cause businesses significant damage. It extends to reputational consequences, a decrease in market share, difficulties with sourcing finance and the potential to lose a company’s social licence to operate. Businesses need to take proactive steps to ensure human rights and responsible sourcing are front of mind in all their activities.

ESG obligations must be viewed as strategic priorities for organisations – or businesses can be exposed to serious risk. However, proactive engagement with investors, regulators and other interested stakeholders provides opportunities to strengthen relationships, anticipate the risk horizon, and trigger strategic partnerships and innovation. Legal, risk and compliance functions must support organisations in navigating this complex risk landscape

Financial capital is increasingly being filtered and mobilised around ESG screens and metrics. Financing to support transition to net zero pathways and meeting UNSDG's and broader sustainability principles are becoming increasingly important. This has led to the development of green and sustainable finance taxonomies and exponential growth in sustainable finance. Transition finance is the next growth area.

In addition to potentially reducing applicable interest rates, sustainable finance can attract a more diversified and 'sticky' investor base and lending group. Sustainable finance facilities can also provide reputational advantages for the borrower in commercial markets.