But businesses must also start now to
factor climate risks into their investment decisions.
Not exact matches
Among the
factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other
factors beyond the Company's control, including natural and other disasters or
climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market
risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
«Over half of the mangers think
climate risk is already a
factor affecting share prices and they see more
risks crystallising in the short term.
These
factors — many of which are beyond our control and the effects of which can be difficult to predict — include: credit, market, liquidity and funding, insurance, operational, regulatory compliance, strategic, reputation, legal and regulatory environment, competitive and systemic
risks and other
risks discussed in the
risk sections of our 2017 Annual Report; including global uncertainty and volatility, elevated Canadian housing prices and household indebtedness, information technology and cyber
risk, regulatory change, technological innovation and new entrants, global environmental policy and
climate change, changes in consumer behavior, the end of quantitative easing, the business and economic conditions in the geographic regions in which we operate, the effects of changes in government fiscal, monetary and other policies, tax
risk and transparency and environmental and social
risk.
The measures of valuation and market action that define each «Market
Climate» are
factors that can be tested in decades of historical data, are objective, observable, and have strongly affected the average profile of return and
risk in the markets over time.
A small but growing number of countries now have legal requirements for institutional investors to report on how their investment policies and performance are affected by environmental
factors, including South Africa and, prospectively, the EU.36 Concern about the
risks of a «carbon bubble» — that highly valued fossil fuel assets and investments could be devalued or «stranded» under future, more stringent
climate policies — prompted G20 Finance Ministers and Central Bank Governors in April 2015 to ask the Financial Stability Board in Basel to convene an inquiry into how the financial sector can take account of
climate - related issues.37
Ignoring the
risk factors won't help the situation nor will it improve your school
climate.
That's before we even start to
factor in the grave
risk continuing to burn them poses to Earth's
climate.
The latest iteration of the National
Climate Assessment, released earlier this year, notes that the
risk of waterborne illnesses in the Great Lakes region is likely to increase in the coming decades due to these
factors.
For example, tobacco smoking has been in a steady decline since the 1960s with all sorts of
factors driving this trend — improved science and epidemiology, education through labeling and advertising campaigns, and greater public awareness of
risks — all of which could be applied to behaviors that contribute to
climate change.
While previous studies had examined the impact of
climate change - induced weather patterns on violence and the increased danger of violence in weak or failing states, this is the first study to demonstrate that the combination of the two
risk factors is even more dangerous than they would be separately.
But given the mishmash of chronic diseases and
risk factors and the current economic
climate, even the most hopeful of health advocates didn't hope for a global fund such as that established for AIDS in 2001 following the summit.
And when you look at the
risks side by side, the researchers continued, «by any objective measure the impact threat is minuscule (by a
factor of at least a thousand) compared to the threat from anthropogenic
climate change.»
«Studies that aim to predict the consequences of
climate change on insect populations should consider additional
factors that may ultimately limit growth and survival, such as the
risk of being eaten by a predator,» Culler says.
Colla noted that The International Union for Conservation of Nature recently assessed North American bumblebees and found that one quarter to one third of the species are at
risk of extinction due to
climate change and other
factors such as habitat loss and disease.
Our investment professionals employ a bottom up approach and use fundamental analysis to assess all
risk factors associated with each investment opportunity, which can include issues related to
climate change and controlling environmental impact.
There are additional
risks related to commodity investments due to large institutional purchases or sales, changes in exchange rates, government regulation, world events, economic and political conditions in the countries where energy companies are located or do business, and
risks for environmental damage claims, as well as natural and technological
factors such as severe weather, unusual
climate change, and development and depletions of alternative resources.
Factors affecting the level of
risk of heartworm infection include the
climate (temperature, humidity), the species of mosquitoes in the area, presence of mosquito breeding areas, and presence of animal reservoirs (infected dogs, foxes, coyotes).
The study found more dogs who suffered limber tail were related to one another (suggesting an underlying genetic
risk factor), and that dogs with limber tail more often live in cold
climates.
Predisposing
factors towards infection include age (puppies and kittens are at higher
risk than adult animals), life - style (free - roaming or hunting animals being predisposed), and local
climate (pets living in warmer, more humid
climates are predisposed).
Factors affecting the level of
risk of heartworm infection include the
climate (temperature and humidity), the species of mosquitoes in the area, presence of mosquito breeding areas and presence of animal «reservoirs» (such as infected dogs, foxes or coyotes).
The Society also reports, «
Factors affecting the level of
risk of heartworm infection include the
climate (temperature, humidity), the species of mosquitoes in the area, presence of mosquito breeding areas and presence of animal reservoirs (such as infected dogs or coyotes).»
The
climate panel was created in 1988 under United Nations auspices to periodically review
factors, human and natural, influencing
climate and assess possible ways to limit
risks.
Regarding
climate change effects in the WHO results, according to the UK's Hadley Center
climate model (HadCM2 — IS92a scenario)
climate - change induced disease
risks could double by the year 2030 — all other
factors held constant.
There is a press release with the details on the threats to each River, depicting the interplay of
climate change with other
risk factors such as diversion, logging, and effluent discharge.
Since premiums need to be set fairly, there is a need to assess
climate change related changes in
risk regardless of whether that will be a small
factor in overall costs.
It's also important to examine whether a world without such efforts — in which citizens had a clear view of both what is known, and uncertain, about the human
factor in shaping
climate - related
risks — would appreciably change.
Then there's that economic
factor called the discount rate, which has been front and center in the debate over how much to invest now to limit future
climate - related
risk.
In the business world, the planet's leading corporations routinely address
climate risk on par with other strategic
factors.
Unfortunately, there are many
factors that preclude an effective bound on the
risks — ranging from uncertainties in downscaling to more fundamental issues such as the uncertainty of
climate sensitivity.
(1) other countries investing too; (2) «pay» assumes no return, when the ROI would (will) be multiple times larger than the investment cost due to multitudes of
factors other than simply reduced
climate risks; and (c), (d), (e),...
Of course, weather and
climate events are only one of several considerations in these regions, and probably rank a way down the list of
risk factors when compared with political and religious instability.
In the US, carbon - intensive sectors have made
risk factor disclosures related to
climate change for years but very little of it has been «decision useful.»
Risk Factors, proposed carbon policy and other
climate - related regulations in many countries, as well as the continued growth in biofuels mandates, could have negative impacts on the refining business.
In fact the Summary says that
climate change can indirectly increase
risks of violent conflicts by amplifying
factors such as poverty and economic shocks.
While the study — «The hidden
risks of
climate change: An increase in property damage from drought and soil subsidence in Europe» — doesn't cite overall
climate change as a direct cause for the increase in soil subsidence, it describes a strong link to the condition that will «magnify these
risks as
factors such as rising average temperatures and more erratic rainfall continue to alter soil conditions.»
Determining which types of prevention to invest in (such as monitoring, early warning systems, and land - use changes that reduce the impact of heat and floods) depends on several
factors, including health problems common to that particular area, vulnerable populations, the preventive health systems already in place, and the expected impacts of
climate change.275 Local capacity to adapt is very important; unfortunately the most vulnerable populations also frequently have limited resources for managing
climate - health
risks.
D'amato, G., L. Cecchi, M. D'amato, and G. Liccardi, 2010: Urban air pollution and
climate change as environmental
risk factors of respiratory allergy: An update.
It is important to understand feedbacks in order to further quantify the
risk factors and time scales involved with
climate change.
In this way, natural and human
climate influences can be separated, and as with disease and
risk factors, the role of a specific
factor in a specific outcome can be quantified.
The main determining
factor on
climate risk perception is cultural, corroborating CCT.
«
Climate impacts are rising and the evidence of warming is increasingly clear, but most economic analysis still does not properly factor in the increasing risks of climate change or the potential benefits of acting on it,» said Commission chair and former President of Mexico Felipe Ca
Climate impacts are rising and the evidence of warming is increasingly clear, but most economic analysis still does not properly
factor in the increasing
risks of
climate change or the potential benefits of acting on it,» said Commission chair and former President of Mexico Felipe Ca
climate change or the potential benefits of acting on it,» said Commission chair and former President of Mexico Felipe Calderón.
To avoid perpetuating this double dose of
risk, future energy planning must take into account water - related threats, as well as the cost of pollution - related health impacts and
climate contributions that are often not
factored into electric system planning.
Therefore, they should require additional disclosure on
factors such as the carbon dioxide potential of fossil fuel reserves, to provide an indicator whether
climate risk is increasing or decreasing.
Global warming amplifies the
risk factors for extreme weather events - and that is all that
Climate Science claims.
The left bar shows the net change in the population at
risk due to
climate change alone, while the right bar shows the total population at
risk after accounting for both
climate change and non-
climate-change related
factors.
In the US, carbon - intensive sectors have made
risk factor disclosures related to
climate change for years but very little of it...
Thus, through the foreseeable future (very optimistically 2085), other
factors will continue to outweigh
climate change with respect to human welfare as characterized by (a) mortality for hunger, malaria and coastal flooding, and (b) population at
risk for waters stress.
Scientists at Lamont are developing a tropical cyclone
risk model that can be used in urban planning, which incorporates
climate factors in determining the probability of a tropical cyclone making landfall at a given location.
However, the answer is ultimately a subjective judgment that depends on values and culture, as well as socioeconomic and psychological
factors, all of which influence how people perceive
risk in general and the
risk of
climate change in particular.