Study: Corporate climate inaction could wipe $150bn a year off financial markets

Cecilia Keating
clock • 3 min read
iStock
Image:

iStock

Researchers warn economy has already reached a point where an orderly transition to net zero 'might not even be possible'

Every year that oil and gas, power, coal, and car companies fail to take rapid action to align their operations with global climate goals post-2026 could wipe $150bn off financial markets. That is according...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

We need the transition to a low-carbon economy to reverse historic injustices

Why the Women in Green Business Awards is more important than ever

More on Investment

Draft guidelines unveiled to help unlock finance for industrial decarbonisation
Investment

Draft guidelines unveiled to help unlock finance for industrial decarbonisation

Voluntary Transition Finance Guidelines aim to provide greater clarity and consistency for investors to help them support 'real economy decarbonisation'

Michael Holder
Michael Holder
clock 26 March 2026 • 4 min read
Survey: Two-fifths of investors favour green strategies 'despite challenging backdrop'
Investment

Survey: Two-fifths of investors favour green strategies 'despite challenging backdrop'

Many investors quizzed by wealth manager Quilter also want their portfolios to support the net zero transition and exclude oil, gas and coal

Michael Nelson, Investment Week
clock 24 March 2026 • 2 min read
Point One: More than 30 firms commit 0.1 per cent of revenue to support global clean energy rollout
Investment

Point One: More than 30 firms commit 0.1 per cent of revenue to support global clean energy rollout

Paul Polman, Christiana Figueres, and actor Riz Ahmed back new SME-focused campaign that draws on analysis showing how investing just 0.1 per cent of global revenues could build a clean power system by 2040

Stuart Stone
Stuart Stone
clock 18 March 2026 • 3 min read