Trucost has launched Climate Change Physical Risk analytics, a dataset that outlines the exposure of business assets to climate change.
The dataset has evaluated 15,000 companies representing 99% of global markets and found wildfires, heatwaves and hurricanes, linked to increasing global temperature, are the greatest risk to physical assets. Almost 60% of companies in the S&P 500 and more than 40% of companies in the S&P Global 1200 have physical assets which are at high risk of climate change impacts.
The datasets evaluate corporate exposure to 7 climate change hazards based on over 500,000 physical corporate assets from 15,000 companies globally. Trucost’s Physical Risk methodology was developed with input from experts in the investment, business and scientific community. DWS were part of this expert group and provided an investor perspective on physical risk in the research paper.