London Climate Week: Adaptation Trails, Transition Multiplies: EUROPE | Sustainability & Transition Strategy

Research evidence excerpt

London Climate Week: Adaptation Trails, Transition Multiplies: EUROPE | Sustainability & Transition Strategy

cal for certification,

resale, and cross-border trade. Companies are already evolving their models, increasingly

treating batteries as managed assets across their full lifecycle, which can lower costs and

improve safety. Furthermore, battery recycling can alleviate raw material supply constraints as

demand for lithium, nickel, and other critical minerals climbs. Industry participants view battery

repurposing as one of the largest opportunities in a resource-constrained world, provided

supportive policy frameworks and efficient collection systems are put in place to scale these

circular models.

Climate adaptation has yet to go mainstream in investment thinking. Despite rising physical

risks, many investors still do not perceive material impacts across portfolios, in part due to

challenges in framing risks across appropriate time horizons and sectors. This suggests a

Luke Sussams * | Sust. & Transition Strategistgap between emerging risk realities and market pricing, creating both downside risk and an

44 (0)20 7548 4404 | lsussams@jefferies.com

opportunity for differentiated positioning.

Aniket Shah, PhD ^ | Head of Sust. &

Climate "tipping points" remain largely unpriced in current climate risk models. Despite this, Transition Strategy

investors should begin incorporating these non-linear risks into capital allocation today. While +1 (212) 323-3976 | ashah14@jefferies.com

often outside standard time horizons, their potential to trigger abrupt, systemic disruptions Jacqueline Murdock * | Sust. & Transition

Strategy Associatemakes them relevant for near-term portfolio resilience and credit risk assessment. This

+44 (0)20 7548 4165 | jmurdock@jefferies.com