Finally, even companies that at moment present the same high-emission levels may have developed very different transition plans; a company seeking funding to carry out an ambitious and credible decarbonisation plan should be assessed by lenders differently from one that carries on with ordinary production strategies and policies.
A second risk determined by these complex information problems is that companies not subject to environmental disclosure requirements might adopt a wait-and-see approach. This choice, while understandable, might turn out to be short-sighted. Today, companies at the forefront in the field of sustainability have a strong advantage to make their choices known to the market and to customers.