Investment firms take climate change seriously as they look to mitigate risks to their portfolio

//Investment firms take climate change seriously as they look to mitigate risks to their portfolio

Investment firms take climate change seriously as they look to mitigate risks to their portfolio

Climate change is prompting a growing trend among investment firms to assets that are resilient to climate risk, as the increasing intensity of extreme weather events such as hurricanes and flooding lead to a surge in insurance premiums, higher capital expenditure and operational costs.A joint study conducted by US think tank Urban Land Institute and US real estate management firm Heitman, showed that residential and commercial property that are exposed to risk of floods or sea-level rise, have…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-02-26T00:33:28+00:00 February 26th, 2019|Business|Comments Off on Investment firms take climate change seriously as they look to mitigate risks to their portfolio