Climate change is widely expected to have large-scale economic impacts, both directly (physical risk) through flooding, drought, and other extreme weather events, and indirectly (transition risk) through regulatory measures to limit greenhouse gas emissions and promote low carbon technologies. Physical and transition risks are inextricably linked: as physical risk increases, so too does transition risk.

Artificial intelligence (AI) offers significant opportunities and complexities for companies, enabling business model transformation, increased efficiency, and enhanced strategic decision making. However, AI also presents risks and challenges that require understanding and management. Investors expect companies to navigate these challenges while maximizing the benefits of AI integration in a responsible manner.

Effective human capital management is essential for long-term corporate sustainability and value creation through workforce development, employee engagement, and safety protocols. The overarching goal of BCI’s engagement is to urge companies to effectively address risks associated with human rights, employee health and safety, and poor labour practices in their supply chains, activities, and operations.