Deutsche Bank Deploys Tool to Map Climate Investment Risks
Deutsche Bank AG’s asset-management unit is using a detailed map to determine where natural disasters spawned by climate change may pose the greatest risks to its investment portfolios.
Deutsche Asset Management is using data from Four Twenty Seven, a California climate advisory firm that mapped the locations of more than 1 million corporate, manufacturing and retail sites globally to gauge companies’ exposure to hazards such as hurricanes, heat waves, floods, droughts and wildfires.
photo credit: The National Guard