Distributed Energy Resources, Energy Efficiency, GHG Emissions, Regulation, Distributed Generation, Finance, Regulation - September 7, 2016
BlackRock issues climate change warning to investors
On the heels of the U.S. and China formally joining the Paris Agreement on climate change, BlackRock on Sept. 6 urged investors to factor climate change into their portfolios or face potential financial losses.
In a 16-page report, the world's largest asset manager outlined strategies for investors that will help adapt their portfolios to risk and opportunities presented by regulations and changing market dynamics related to climate change, regardless of personal beliefs on the topic.
"report. "We show how to mitigate climate risks, exploit opportunities or have a positive impact." Some may question the science, but all are faced with a swelling tide of climate-related regulations and technological disruption," BlackRock said in issuing its
Through the report, BlackRock categorizes risks and opportunities related to climate change in four buckets: physical, meaning more frequent and severe weather events; technological, related to advances in batteries, electric vehicles or energy efficiency; regulatory, pertaining to subsidies, taxes and energy efficiency rules, and; social, recognized as changing consumer and corporate preferences.
"We show how all asset owners can — and should — take advantage of a growing array of climate-related investment tools and strategies to manage risk, search for excess returns or improve their market exposure," BlackRock said.
U.S. President Barack Obama on Sept. 3 announced that the U.S. and China formally signed on to the climate change agreement first reached by 195 countries within the United Nations Framework Convention on Climate Change in Paris in late 2015.
- BlackRock closes on $5.1 billion sustainability fund
- BlackRock sharpens focus on portfolio climate risk
- Google signs PPA for additional European wind energy to power data centers
Share this valuable information with your colleagues using the buttons below:« Back to News
Today's Leaders. Tomorrow's Heroes.
The George Washington University
- 2020 Innovation Awards winners announced
- Facebook data center a major contributor to N.M. clean energy goals
- Verizon, Saint-Gobain ink agreements with 250 MW wind farm
- Illinois plans clean energy overhaul
- Cargill adds 10 new projects to RE portfolio
- Google retroactively offsets all carbon since founding
- Being an Energy Superhero in Challenging Times: Maximizing Value through Active Retail Portfolio Management
- A Microgrid For Your Business is More Important Now Than Ever. Find out why.
- Is the Virtual Power Purchase Agreement the best path to achieving your sustainability goals?
- Shape-shifting: Why a turbine’s shape is your most important asset
- Apple's 2020 Environmental Progress Report