Stock Values Will Shiftas Global Warming Accelerates

摘要

Becoming aware of the potential effects of climate change on its business and adjusting its operations accordingly could become paramount to a company's survival in coming decades. Though the majority of today's equity analysts do not factor in climate change when valuing a company, experts say this will shift as awareness of the impact of climate change on a company's bottom line grows. "According to our survey, 22 percent of analysts already say that climate change has a material impact on company valuations," says David Metcalfe, director of Verdantix, an independent research firm in London that published a survey in May on how equity analysts link climate change and valuations of businesses. Climate change and climate policy are already shifting the financial landscape, and this transition should speed up if global warming accelerates.