The ESG Initiative at the Wharton School

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Tracking the Financial Stakes in Curbing Emissions

Outlet: Knowledge at Wharton
New research co-authored by Wharton’s Arthur van Benthem breaks down how climate risk guides investors in energy companies

Efforts at curbing greenhouse gas emissions could be more effective if energy companies could get a sharp grip on how investors measure climate risk in their portfolios. A recent paper by experts at Wharton and elsewhere published in Nature Energy achieves precisely that: it details how investors and financial professionals incorporate climate risk into their decisions, and how energy companies are shaping their response to climate change while addressing “transition risks,” or the legal and regulatory challenges they face in that journey.