Physical to Financial Risk

Stories in the major media align with private and public research to clearly demonstrate links between earth systems and financial risk. 

"Nearly eight in ten U.S. investors (78%) say environmental technology has the potential to be the 'next great American industry,' according to a new survey by Allianz Global Investors. ... nearly seven in 10 (69%) say it is important to look at investments in companies that are capitalizing on addressing environmental problems. ...  Yet the survey also suggests that investors, while hungry for green opportunities, are still unsure where to find them."  Read More

-- "US Investors Bank on Green Tech," Sustainable Life Media, Jan 28, 2009

An Ernst & Young survey of entrepreneurs found that "over half of respondents (51%) say they have increased their focus on climate change in the past 2 years."  Read More

--  "Economy not the Deciding Factor in Starting New Businesses, According to Entrepreneurs Surveyed by Ernst & Young LLP," marketwatch.com , Nov 5, 2008

 “A decisive majority of senior finance and risk managers confirm that their businesses are significantly impacted by the weather. . . . Government economists estimate that as much as a third of the U.S. economy—approximately $4 trillion—is sensitive to the weather. When it does not behave as expected—when winters are mild, when croplands get too much or too little rain, or when summers turn unexpectedly cool—companies that build their business plans around weather norms often get hurt. And these companies say so regularly enough that Wall Street has a name for it: the weather excuse.” Read More

 -- “What Every CFO Needs to Know About Weather Risk Management,” sponsored by the Chicago Mercantile Exchange and StormExchange, written by business journalist Randy Myers.

“The push to curb global-warming emissions is starting to redraw the industrial landscape, and in doing so it has already begun to create new winners and losers.”   Read more