COP26 summit's message to business

The Glasgow Climate Pact sent a clear message to global companies and executives: reassess business strategies and carbon footprints to reap monetary rewards, or lag and risk losses.
The deal pushes countries to do much more to curb climate-warming carbon emissions. That pressure will increasingly be imposed on investment and industry to bring emissions associated with their businesses in check. The Glasgow pact also delivered a breakthrough on rules for governing carbon markets, and took aim at fossil fuel subsidies.