Green Gains and Growing Pains: A New Measure of Firms’ Exposure to Climate Transition

This post highlights a recent King’s College London feature discussing our research on forward-looking measures of firms’ exposure to climate transition risk.

The article introduces Climate Transition Value-at-Risk (CTVaR) — a forward-looking assessment of how firms’ profitability may change under a net-zero policy environment.

You can read the full article here:

👉 Green Gains and Growing Pains: A New Measure of Firms’ Exposure to Climate Transition

The article covers:

• why emissions alone are a poor proxy for transition exposure,
• how firms’ future cash flows are affected by transition pathways, and
• what this means for investors and policymakers.

This blog post serves as a short summary and permanent pointer to the full KCL feature.