Tag: 上海夜网NH

  • Deutsche AM puts its money on measurement of physical climate risk

    first_imgIn a statement, the asset manager said it would be able to integrate a company’s physical climate risk equity score within new investment products, and assess the implications of climate events for individual companies in its portfolios. The move backs up Deutsche Asset Management CEO Nicolas Moreau’s previously expressed view that investors have not been taking seriously enough the physical impacts of climate change, and focussing too much on the potential repricing of economic assets.More recently, Moreau said natural disasters such as the hurricanes making landfall in the US this year “discredit” the investment industry’s current approach to accounting for climate change risk.The focus on transition risk resulted in “a false sense of comfort” that the investment implications of climate risk, while substantial, would arise in the long-term, according to Moreau.Physical disruption from hurricanes or floods posed a “clear and present danger”, he argued. Also, scientists believed that stronger and more frequent extreme weather events would be a feature for many years to come even if greenhouse gas emissions fell to zero tomorrow, he said.“Investment managers need to contend with the physical aspects of climate risk with some urgency,” said Moreau.Companies need to disclose their related risk exposures, but investors should not wait for them to do so and also needed to seek alternative sources of information, he said.This would include information from the mapping of corporate facilities’ physical location as Four Twenty Seven does. Satellite imagery of Hurricane Harvey, one of three Category 4 hurricanes to make landfall in the US in 2017, a new record Deutsche Asset Management is set to consider companies’ exposure to catastrophic climate events as part of its investment decision-making.Deutsche developed the new approach with the help of California-based climate intelligence advisory firm Four Twenty Seven. The latter has mapped the physical locations of more than 1m corporate facilities globally and uses scientific models to assess the likelihood of them being affected by climate hazards such as heatwaves, floods and cyclones.Deutsche said it was the first time this had been done for investment purposes, and it provided a method of calculation for individual companies’ exposure to catastrophic events.The approach has been developed for measuring physical climate risk in equity portfolios.last_img read more

  • Community Testing and Survey Almost Complete

    first_img Sharing is caring! LifestyleLocalNews Community Testing and Survey Almost Complete by: – June 3, 2020 Share Share 133 Views   no discussionscenter_img Tweet Share Dr Shalauddin Ahmed at Min of Health Press BriefingThe Ministry of Health is reporting that its Community Testing Programme is going well with 72% of the 600 households to be sampled tested so far.Epidemiologist, Dr Shalauddin Ahmed said Friday that 800 individuals have been tested; two reacted to the rapid tests but were later cleared by molecular testing. Dr Ahmed said those individuals may have developed antibodies to the virus.This happens if infection occurred in the body and was successfully eliminated.He explained that, “Ninety-nine per cent of the participants were non-reactive to the rapid test so based on the information that is available at this time, it is very likely that there is no community transmission.“In general, the people are very receptive especially in Laplaine, St Joseph and Grandbay health districts. The response from these three health districts is 100%. Our active surveillance continues and the Ministry of Health will keep the government and general public duly informed and updated.”The Health Ministry says only the Roseau Health district, the largest, will be left to complete its allotted number of home tests. Dr Ahmed said that by early this week, the community testing and surveys will be complete.The approach was to conduct these tests in 600 random homes in all seven health districts.Dr Ahmed assures that the final analysis will be reported to the public.last_img read more

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