Businesses are currently operating in a volatile climate where change is hard to predict. Yet an increasing number of scholars are vocally reminding us that the environmental crisis must not be forgotten amid the pandemic. While the coronavirus is the biggest challenge the world has faced in a very long time, it should not distract companies from their commitment to sustainability and fighting climate change. How can businesses weather the climate crisis and what can we learn from the Coronavirus? Can we move the dial from reactive to proactive? The first day of The Lawyer’s In-house Financial Services virtual conference kicked off with a keynote from the Environment Agency’s deputy director for innovative funding finance Andrew Sissons. In his 30-minute presentation, Andrew explained the enormous economic impact and dislocation that climate change will undoubtedly have if organisations and individuals do not heed the warnings. In the audience Q&A that followed, he particularly stressed the importance of corporates having a carbon budget: “As well as having a financial budget, you also need to have an idea of how much carbon you can afford to spend and make sure that you spend it efficiently”.