Most Firms at High Exposure to Physical Risks of Climate Change

A new dataset from Sustainable1 shows 92% of the world’s largest firms will have at least one asset at high exposure to a physical climate change hazard by 2050. The dataset, from the subsidiary of financial information and analytics firm S&P Global, analyses the exposure of an asset or company to climate change hazards, including new financial impact metrics for over 20,000 companies and over 870,000 assets. Over a third of companies studied have at least one asset where the physical risks of climate change are equivalent to at least 20% of that asset’s value by the 2050s. James McMahon, CEO of S&P Global’s Climate Service, said: “More than ever, investors and companies are seeking advanced analytics to respond to the financial impact of climate change. This dataset allows companies and investors to understand their climate risks – and, vitally, what they could cost.”  

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2023 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top
Newsletter SignupReceive all the latest stories from the ESG Investor editorial team

Subscribe to our free weekly newsletter below and never miss a story.