The business shift towards understanding and acting on climate risk is well underway – both on climate change itself and the risk of investing in fossil fuels.  The shift has taken a huge step forward recently with the world’s largest investor, Blackrock, having vetoed companies who do not evaluate long-term climate risks.

So what does this mean for the climate agenda?  It means that if companies want to raise finance, grow and ultimately stay in business they have to start reporting on management of their impact on the climate and other environmental and social risk.