Strategic adaptation of global energy companies in the context of the trend towards a low-carbon economy

Orlova Olga Yurievna

In the context of the climate agenda actively promoted by the international community and the increasing pressure from all stakeholders, global energy companies cannot stay away from the process of decarbonization of the world economy. Otherwise, they risk not only losing a significant market share, but also facing a dramatic drop in demand, which can lead to unsolvable financial problems. In this regard, the issues of adaptation of the development strategy become a priority task of corporate governance and top management of key players in the energy market.

Keywords:decarbonization, climate risks, carbon footprint, risk management, risk identification