“Asset owners should consider climate change at every stage of the investment process, from investment beliefs, policy and process to portfolio construction decisions,” said Deb Clarke, global head of investment research for Mercer, which is owned by Marsh & McLennan Cos. Inc. (Photo: Shutterstock)
(Bloomberg) –Investors be warned: If the planet heats up by more than two degrees, it's going to get a lot harder to make money.
That's the conclusion of investment advisory firm Mercer LLC, which modeled the financial fallout from two, three and four degrees Celsius of global warming through 2100 in a report released Monday.
The report marks one of the first attempts to model sector-specific investment risks from climate change over decades.
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