Unreliable ESG Data Undermines Trust in Markets
Publish Date: 5/14/2021
News Source: Barron’s
“Our clients want investment solutions that mitigate physical risk due to climate change. When the operations of, say, a healthcare facility located in a coastal region or floodplain are disrupted, there are likely to be negative impacts on its financial statements and ability to provide essential social services. To get that information, we need to look at the facility level, and we need a model for assessing the physical risk to that facility because of climate change. Both pose challenges.” – John Streur, President and CEO, Calvert Research & Management