The Gap Between Climate Shock and Recognition
Notes de l’épisode
AT&T filed many weather-related 8-Ks before it finally named hurricanes as a business risk in its annual report. It isn't an outlier: more than 80% of companies acknowledge physical climate risk is material, but fewer than a third lay out the details of what that means for their business. With a record-breaking El Niño set to peak in December, host Mike Disabato talks with MSCI's Jasmina Buresch about why it takes a second or third hit before companies disclose anything specific, how to tell a critical facility from an office everyone could just work remotely from, and why investors shouldn't wait for company disclosure to catch up to the underlying exposure.
Episode reading: The Price of Not Knowing
Host: Mike Disabato, MSCI Sustainability & Climate
Guest: Jasmina Buresch, MSCI Sustainability & Climate