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Originally published in Bloomberg's 2023 Impact Report Structural and systemic shifts accompanying climatechange, such as resource scarcity, new technologies and regulations, pose business risks and offer opportunities to issuers and investors globally.
Business and financial markets information service provider Bloomberg and climate financial risk data analytics provider Riskthinking.AI Ron Dembo said: “Our pioneering methodology enables investors to use the uncertainty inherent in climate modeling as a strength to support better investment decisions.
ESG in Action Climatechange is already materially affecting financial and economic outcomes, and that impact is expected to grow significantly in the coming years. That’s why AllianceBernstein, in partnership with Columbia University’s Climate School, developed the ClimateChange and Investment Academy.
Implications and limitations Climate scenarios have a range of use cases and are becoming key tool in climate risk management, according to Aurelia Britsch, Senior Director, Global Head of ClimateResearch at Sustainable Fitch.
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