Sustainability reporting and standards

Certain industries face transition risks when moving towards a greener economy, including big shifts in asset values or higher costs of doing business. Many entities are now choosing to reduce investments in certain sectors (e.g. coal) to help manage these risks. Transition risk includes policy changes, reputational impacts, and shifts in market preferences, norms and technology. There are also transition opportunities such as resource efficiency and the development of new technologies, products and services which could capture new markets.