IMD-OWP22-PostEvent-Report-V11[8]

Q&A →Sustainability Following dire warnings from scientific experts, companies can expect greater regulation as policymakers act to protect the future of the planet. Executives must adapt now. NAVIGATING THE FUTURE OF CLIMATE CHANGE REGULATION WHAT IS YOUR HOT TOPIC? Due to the increased threat of climate change, the latest Inter-governmental Panel on Climate Change (IPCC) report calls for greater regulation. Companies must take action now to be fully aware of what these new regulations will look like and how they can prepare for a changed regulatory landscape. WHY DOES THIS MATTER NOW? The latest IPCC report presents some dire warnings and calls for immediate responses to climate change. Some new regulations around the world are coming and there are many new initiatives from companies. Forward- looking managers want to get ready now.

“The cumulative scientific evidence is unequivocal: Climate change is a threat to human well-being and planetary health. Any further delay in concerted anticipatory global action on adaptation and mitigation will miss a brief and rapidly closing window of opportunity to secure a liveable and sustainable future for all.” Climate Change 2022: Summary for Policymakers, IPCC

KARL SCHMEDDERS Professor of Finance

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