Banks are getting interested in big data to figure out their climate risk
Publish Date: 2/15/2021
News Source: Marketplace
“… we’re working .. to understand how exposure to extreme weather events, for example, translates in terms of impacts on cash flow, on asset valuation, and therefore whether we see an increase in the risk of default, or whether we anticipate an impact on the stock performance.” — Emilie Mazzacurati, 427
