Managerial Summary Companies are increasingly exposed to the physical impacts of climate change, yet little is known about how they adapt to these long‐term, systemic, and uncertain changes.

The gap

Consensus across the literature

Supporting evidence — 4 representative gaps

• The Impact of Climate Finance and Corporate Sustainability on Firm Value in Multinational Companies in Indonesia (2026) · doi

  Nevertheless, the unexplained variance suggests the presence of additional determinants, such as corporate governance, innovation capabilities, and market dynamics, which warrant further investigation. Practically, managers are encouraged to align climate finance with sustainability initiatives, while policymakers should strengthen the climate finance ecosystem through supportive regulations and improved access to sustainable financial instruments; future research is recommended to incorporate additional variables such as corporate governance, innovation capability, and digital transformation.

  Keywords: additional corporate governance innovation climate finance nevertheless unexplained variance suggests presence determinants capabilities market dynamics
• Physical climate change exposure and firms' adaptation strategy (2024) · doi

  Managerial Summary Companies are increasingly exposed to the physical impacts of climate change, yet little is known about how they adapt to these long‐term, systemic, and uncertain changes.

  Keywords: managerial summary companies increasingly exposed physical impacts climate change little known adapt long term systemic
• Climate policy uncertainty and corporate green innovation performance: From the perspectives of organizational inertia and management internal characteristics (2023) · doi

  Abstract The impact of policy uncertainty caused by climate change has attracted widespread attention, but there are few studies on the relationship between climate policy uncertainty and corporate green innovation performance.

  Keywords: policy uncertainty climate abstract impact caused change attracted widespread attention there relationship corporate green innovation
• Impacts of climate litigation on firm value (2024) · doi

  While our findings are limited to climate litigation, financial actors have started to identify a transfer of tactics and trends from strategic climate litigation to other areas of sustain- ability such as nature risk45.

  Keywords: climate litigation limited financial actors started identify transfer tactics trends strategic areas sustain ability nature