Climate Changed
Deutsche Bank Deploys Tool to Map Climate Investment Risks
- Data to be used for passive investment indexes debuting in ’18
- Maps can show how heat waves, wildfires may affect operations
A huge plume of smoke from wildfires burning rises over Fort McMurray in this aerial photograph taken in Alberta, Canada, on Friday, May 6, 2016.
Photographer: Darryl Dyck/Bloomberg
This article is for subscribers only.
Deutsche Bank AG’s asset-management unit is using a detailed map to determine where natural disasters spawned by climate change may pose the greatest risks to its investment portfolios.
Deutsche Asset Management is using data from Four Twenty Seven, a California climate advisory firm that mapped the locations of more than 1 million corporate, manufacturing and retail sites globally to gauge companies’ exposure to hazards such as hurricanes, heat waves, floods, droughts and wildfires.