Climate

Is 2020 the watershed year when the world begins to understand the concept of systemic risk in our interactions with the natural environment? What explains the recent drumbeat of headlines…

Michael S. Falk, CFA, and Joachim Klement, CFA, are the co-authors of Capitalism for Everyone from the CFA Institute Research Foundation. Climate change remains a key issue to solve in…

Environmental, social, and governance (ESG) considerations are not always as black and white as many anticipate. Take, for example, the recent trend of large extractive companies selling off carbon-intensive assets,…

“You cannot anticipate exactly how these risks or dangers are going to play out. . . . But we should be pretty assertive in insisting that we need certain principles,…

Investing in the Era of Climate Change. 2022. Bruce Usher. Columbia University Press. The scientific consensus is that climate change is real, occurring now, and potentially catastrophic. As a result,…

The UN Framework on Climate Change (UNFCC) is set to convene the 27th annual Conference of the Parties, commonly known as COP27, in Sharm el-Sheikh, Egypt, next week. The goal…

Risk management is so simple a concept and so central to financial analysis that it feels superfluous to even mention it. Yet when it comes to climate change and sustainability,…