WTW, Clyde & Co accomplice to assist handle local weather dangers

World dealer WTW has introduced a strategic collaboration with Clyde & Co, a worldwide legislation agency, to assist purchasers handle local weather dangers.

Underneath the partnership, WTW will combine Clyde & Co’s local weather authorized and danger experience into its local weather analytics and consulting providing. This collaboration goals to help purchasers in successfully managing the impression of bodily local weather dangers and navigating their transition to net-zero.

By becoming a member of forces with Clyde & Co, WTW goals to reinforce its suite of providers by offering organizations with a deeper understanding of local weather legal responsibility dangers and enabling them to capitalize on the alternatives arising from local weather change.

“The collaboration will additional broaden our relationship with Clyde & Co, developed over a lot of years,” mentioned Nadine Coudel, local weather legal responsibility lead at WTW’s Local weather & Resilience Hub. “We will give our purchasers unprecedented entry to regulatory and danger recommendation in the midst of their ESG journeys, pairing WTW’s world-leading consulting experience and capabilities in delivering local weather danger analytics with Clyde & Co’s famend and globally built-in staff of local weather legal responsibility specialists.”

“With laws tightening within the face of more and more extreme and frequent bodily local weather dangers, there are profound implications for all industries,” mentioned Nigel Brook, accomplice at Clyde & Co. “The onus on boardrooms to handle the dangers introduced by local weather change is stronger than ever. We’re happy to have the ability to supply these providers as a part of WTW’s providing.”

As a part of a broader local weather danger evaluation, the collaboration will present WTW’s purchasers throughout sectors with strategic and authorized steering on local weather legal responsibility danger exposures. WTW’s Local weather & Resilience Hub already affords assessments of bodily and transition dangers. The collaboration will deal with three key areas: legal responsibility evaluation to determine present local weather legal responsibility dangers, regulatory planning to navigate evolving local weather laws and disclosures, and contractual overview to deal with high-risk contract hotspots and align them with net-zero targets.

WTW additionally lately introduced the growth of a program to assist safeguard the Mesoamerican Reef.

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