With unprecedented temperatures, wildfires on multiple continents and hundreds dying around the world from flooding events, it barely needed confirming the climate has changed and is continuing to do so. Nonetheless, we got confirmation of exactly that last week in the form of the collective conclusion of the world’s scientists in the Sixth Assessment Report (AR6) from the IPCC. Bringing forward action makes sense for both our planet and our investments.
We’re already seeing the physical impacts of climate change around the world, and these will have financial impacts on portfolios. With significant change required of the world economy comes significant change required of investments too. Governments need to act, but we must act too. Redington stand ready to work with clients on the complex challenges climate change will bring over the coming years.
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