ESG, climate change and the power risk landscape: a transformation in the making

10th June 2020 by Emma Goring

Article by CMIA ED Margaret-Ann Splawn for Willis Towers Watson’s latest Power Market Review: ‘COVID 19 – The Effect on the Power Sector’

Introduction: why the power industry risk landscape is going to change

Regardless of where you stand on the “Trump–Thunberg scale” in terms of your attitude to the issue of climate change and the viability of a swift transition to a “zero-carbon” future, there can be no doubt that the power industry risk landscape is now on the cusp of a major transformation. That’s because there is a long running topic that has risen to strategic, board level importance and is now significantly affecting major business decisions across the globe – Environmental Social Governance (ESG).

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