Press review
Investment News New Zealand
"The EDHEC Climate Risk Institute report found consultants routinely underestimate the financial impact of climate change even at extreme temperature rises with a “puzzling degree of accuracy”. If the investment consultancy sector has been soft on climate in exact measures down to the “hundredth of percentage point”, doom-centric forecasts at the other end of the scale are equally unreliable for financial modelling, the paper says. Instead, pension funds (and other asset allocators) would be better-served by “a clear description of the huge degree of uncertainty surrounding the impact of climate change on asset returns. (...)
2023
