Guest editorial: Climate change and business: challenges and innovations

Climate change remains a persistent global challenge, continuously reshaping the domains of business strategy, finance and governance. This special issue presents eight scholarly contributions that examine the complex and evolving interplay between climate change and business practices. The selected papers address a wide range of themes, including the influence of firms’ climate risk and opportunity exposure on their access to capital, the role of climate-related sentiment and policy uncertainty in shaping ESG decisions, the impact of state ownership, regulatory frameworks and macroeconomic policies on corporate environmental investment and carbon emissions reduction and the effect of climate risks on volatility in...