David Nelson, Senior Director in WTW’s Climate Transition team, discusses what transition risk is, how it’s measured, and the four key stages of addressing climate transition risk.
David Nelson, architect of WTW’s climate risk metric and Senior Director, explains transition risk, how it is measured, and how investors should manage it as a financial risk.
Avoiding the most dramatic impacts of climate change will require a vast transformation of the global economy. Not only will supply chains need to adapt, but new products and services will be needed whilst others will change and maybe even disappear. Beyond the energy and transport sectors, the garment and food industries will also have to adjust to the climate transition.
In this video, David Nelson explains how investors can mitigate the risks of the climate transition and find opportunities that contribute to the global transition to net zero.
At WTW, we have a team of specialists dedicated to understanding the impact that the climate transition will have on investors, corporates, and countries.