Announced this week the merger of automakers Peugeot and Fiat Chrysler may be one of the first major corporate relations, caused by climatic risks. The merger will allow them to avoid billions of dollars in fines for greenhouse gas emissions in Europe.
Others may follow their example. Carbon-intensive industries such as steel manufacturing, cement and airlines, faced with the prospect of price increases or even a carbon tax, incentives to encourage a switch to cleaner energy.
Royal Dutch Shell in 2019 has submitted a bid to buy the Dutch company for the production of renewable energy Eneco, which instead agreed to sell their shares in the amount of 4.1 billion euros to a consortium led by conglomerate in the banking sector, Mitsubishi Corp. Chevron, ConocoPhillips and even the Laggards in the climate technologies Exxon Mobil, you may also need to buy them on the way to a greener future.
There are live examples of how ignoring the impact of global warming has brought the companies huge losses. The drought in the basin of the Colorado river may evaporate to a fifth of the profits of the Raytheon group, but not mentioned by counsel in its merger in the amount of $ 120 billion with United Technologies. The acquisition of BB & T rival us lender SunTrust for $ 28 billion, the US ignored the potential flooding in Florida and in the Southeast United States. As soon as such risks materialists, advisors who think about the climate, can more convincingly to offer their services to the General Directors.
Green bankers admittedly still rare in the business. The former head of investment banking at UBS Jeff McDermott created Greentech Capital Advisors ten years ago to work on clean energy, and in December agreed to sell to Nomura. At the time, the company "Lazard" Tony O'Sullivan and advocate for climate Baker McKenzie Martijn Wilder recently founded the company "Pollination". Because of the climate problems raise the corporate agenda 2020, the possible new mega-deal in the style of a Fiat. This will give Jacobs Lazardo and other rapid opponents more opportunities to receive commissions.
