This report is the last in a series of six which make up Kepler Cheuvreux (KECH) and The CO-Firm’s contribution to the Energy Transition (ET) Risks project (funded by the European Commission). Since the TCFD published its recommendations, there has been a greater emphasis on scenario analysis to assess the opportunities and risks from measures taken to limit global warming. This report brings together the main conclusions from the analysis of how transition risks could impact the financial performance of companies through examples from the utilities, autos, steel and cement sectors. Read all reports in this series at http://co-firm.com/en/publikationen/.