Business decisions taken today will impact not only the ability to transition to Net-Zero, but also the ability to properly address the Physical Climate risks. As the physical impacts of Climate Change increase in severity and frequency, the resulting losses related to the cost of damage to physical assets and lost revenues could be significant. The need for insights into how physical climate change may impact corporate assets and investments is clear. Investors require granular data to be able to make informed financial decisions and remain competitive. They must consider a range of mechanisms through which physical climate risks impact their investment across the value chain globally. They are also required to disclose their exposure to physical and transition risks.
- But, what data and tools are available for investors and corporations to assess their exposure to physical climate risks?
- What is the quality and the reliability of this data? & what is it exactly that these metrics cover (and what they do not cover?)
- What are the most exposed sectors to physical climate risk?
- Can we benchmark companies for Asset Damage Risk, Productive Capacity Loss, High Risk Assets and other metrics?
- How does physical risk differ across the regions…and are there any ‘surprises’ there?
- How do the risks change depending on scenarios used for the assessment & And what RCP scenarios should be used?
Please join our conversation with Toby Messier, MD, Director, Commercialisation, Physical Risk at Morningstar, to explore these and many more questions.
Moderated by Dana Hanby, Managing Director, ESG Nexus