Transition risks

Risks  that  result  from  a  misalignment  between  an  organisation’s  or investor’s strategy and management and the changing regulatory, policy or societal landscape in which it operates. Developments aimed at halting or reversing   damage   to   the   climate   or   to   nature,   such   as   government measures,  technological  breakthroughs,  market  changes,  litigation  and changing consumer preferences can all create or change transition risks.