This primer on climate change adaptation in the energy and utility (E&U) industry:
- Summarizes how E&U companies are reporting on climate change risks and opportunities by adopting value protection approach (Investments in climate-resilient assets, Strategic Diversification;
- Highlights current and emerging best practices and guidance for E&U companies on how to develop a proactive approach to climate change adaptation to through the value creation option (Renewable energy technology investments, Strategic cooperation with R&D partners) and
- Provides recommendations for next steps for company consideration (Cross-sector collaboration for new technology, Risk and innovation for climate readiness, Secure water contracts).