How climate change will impact investment across sectors in markets. Can you give me a perspective how are we modelling for climate change in our financial model and valuation?

I am a finance enthusiast and love investing and taking bets. Lately I have been observing almost every sector is impacted by climate change but they are not factored in our valuation or investment thesis. Correct me if I am wrong.

For a thermal power company, there is a mandate of RPC, for a metal industry, there is a mandate to cut the emissions subsequently, FMCG company is moving to sustainable processing and packaging, plus they face EPR.

How is Europe doing investments because Europe climate policy is way ahead compared to other nations?

Can you give me a perspective how are we modelling for climate change in our financial model and valuation?