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This does not square with the long-term horizon over which many sustainability risks materialize.
When the risks materialized in the financial crisis of 2008-9, we lost so much output that G.D.P. per capita in real terms today is only at about the level of 2005.
Critics said these activities also fueled demand from investors who thought the ratings were objective, but prices collapsed once the risks materialized, helping incite the 2008 global financial crisis.
Arguably, these measures reify the preferences of the privileged and fail to provide sufficient moral justification when risks materialize (Gafni 1991).
In today's market, they cannot make that sort of return without taking on higher risk, which means taking major losses when the risks materialize.
Procedures that will be undertaken if risks materialize are also described.
From your brainstorming session, you gathered information about what would happen if risks materialized.
When they are unlucky – or when their risk management systems break down – and downside risk materializes, it is someone else's problem.
A fiduciary holding fossil fuel equities in its endowment must come to terms with this risk factor, and do so before the risk materializes to cause permanent loss to those holdings.
Whether the risk materializes or not is irrelevant; the point is that the employee has no right to endanger the employer's financial health or jeopardize the employer's long-term prospects through self-dealing.
"Those risks are materializing".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com