Climate Change – Revelio https://www.revelio.com Sat, 04 Jan 2020 03:42:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.revelio.com/wp-content/uploads/2019/01/cropped-Sun-Logo-512x512-32x32.png Climate Change – Revelio https://www.revelio.com 32 32 InfluenceMap – Asset Managers and Climate Change https://www.revelio.com/2020/01/04/influencemap-asset-managers-and-climate-change/ Sat, 04 Jan 2020 03:42:00 +0000 http://www.revelio.com/?p=12454 Most of the world’s largest asset managers show little to no progress adjusting their portfolios for a 2 degree warming scenario. Given the poor voting records that was fodder for discussion in the fall of ‘19, this may not seem like new news. But there are other interesting details in the influence map report issued in late November 2019, such as the smaller asset managers ranked as climate leaders. CityWire published a nice overview of the report here.

The report itself and the methodology can be accessed here.

]]> The Race of Our Lives Revisited https://www.revelio.com/2019/01/21/the-race-of-our-lives-revisited/ Mon, 21 Jan 2019 21:18:59 +0000 http://www.revelio.com/?p=12365 Jeremy Grantham returns to a topic he first addressed in 2013. Not a discussion for the faint of heart, Grantham systematically addresses various underlying biological and ecological trends. He draws the trend lines forward to illustrate how we appear poised to undermine our ability to thrive in the future. His frustration with systemic intransigence is as clear as his call to action.

The Race of Our Lives Revisited

]]> The Cost of Inaction: Recognising the value at risk from climate change https://www.revelio.com/2017/06/27/the-cost-of-inaction-recognising-the-value-at-risk-from-climate-change/ Tue, 27 Jun 2017 03:37:47 +0000 http://www.revelio.biz/?p=12186 The implications of climate change should be of concern to everyone.  Those entrusted with investing or managing the assets of others, especially long horizon pension assets, bear the fiduciary responsibility to consider the potential investment implications of climate change.  This paper, published in 2015 by The Economist’s Research Intelligence Unit with support from Aviva, is every bit as current and relevant today in its effort to broaden understanding of the potential for list value due to climate change.

EIU-cost-of-inaction

]]> IFA warns on climate change financial risks https://www.revelio.com/2017/06/01/ifa-warns-on-climate-change-financial-risks/ Thu, 01 Jun 2017 02:27:15 +0000 http://www.revelio.biz/?p=12165 On May 12th, the Institute and Faculty of Actuaries issues a Risk Alert to draw attention to the myriad of new risks posed by climate change, in which they state, “There is an increasing body of evidence demonstrating that climate change represents a material risk to future economic stability.”  The Institute asks members to think carefully about “the consequences” of the work they are doing. Actuaries’ role in the assessment of risk, and value at risk, is not only becoming increasingly challenging as historical data is less predictive, it is also becoming more important.

https://www.actuaries.org.uk/news-and-insights/media-centre/media-releases-and-statements/ifoa-warns-climate-change-financial-risks

]]> NY Times: When Rising Seas Transform Risk Into Certainty https://www.revelio.com/2017/05/31/ny-times-when-rising-seas-transform-risk-into-certainty/ Wed, 31 May 2017 11:38:50 +0000 http://www.revelio.biz/?p=12160 Sadly, the consequences of climate change are neither hypothetical, nor are they imagined.  This article examples how one coastal community is wrestling with increased flooding, rocketing insurance rates, and dropping property values.  This is very likely what lies ahead for countless coastal areas.

https://www.nytimes.com/2017/04/18/magazine/when-rising-seas-transform-risk-into-certainty.html

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