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报告总结物理气候风险数据可以成为管理资产和澳门黄金城赌城组合风险和回报的有力工具. 了解领先的公司正在使用什么策略来管理物理气候风险和应对市场挑战. 城市土地研究所(Urban L和 Institute)和LaSalle Investment Management的最新报告建立在之前报告的基础上, 如何选择, 使用, 和 Better Underst和 Climate Risk Analytics, 描述领先公司如何在承保实践中利用物理气候风险数据. 随着对资产和澳门黄金城赌城组合层面风险的洞察变得越来越容易获得, 新的挑战在于有效地解释和整合信息到澳门黄金城赌城实践中. Relying on research 和 interviews with industry leaders, this report provides a nuanced exploration of this emergent issue.
资产和澳门黄金城赌城组合中的自然气候风险和承保实践 is structured into three sections, 每一个都针对行业应对气候风险数据的不同方面:
第一节. Explore the current state of the industry, finding that:
• Leading firms actively coach their teams on physical risk.
• Regulatory trends affect, but do not motivate physical risk assessment.
• Different geographies approach physical with their own level of urgency.
•澳门黄金城赌城经理倾向于关注基金风险，资本提供者则关注澳门黄金城赌城组合风险.
•了解和定价实物风险的工具仍处于发展的初级阶段.第二节. Examines the application of climate data in decision making. Key findings include:
• Aggregate physical risk is a screening tool; individual hazard risk is actionable information.
• Climate value at risk remains opaque; the utility of the single number offers value but needs increased transparency.
• Atypical hazard risk (e.g., flood in a desert) merits increased attention.
• External consultants can frequently fill skill gaps, especially for firms with less in-house expertise.
•虽然没有主要的时间框架或代表性浓度路径(RCP)作为行业标准出现, 2030年和2050年的基准是最常被提及的时间范围.第三节. Assess the impact of physical climate risk on acquisition, 承销, 和 disposition practices; finding that:
• Leading firms start with a top-down assessment of physical risk.
•物理风险的市场集中度与其他集中度风险类似，需要进行细致入微的分析.
•弹性预测的资本支出是一个关键预测，但充满了不确定性.
•了解当地市场的气候缓解措施很重要，但难以预测.
•估计物理风险的退出上限率折扣是一种越来越常用的工具, frequently 25 to 50 basis points.
•公司很少披露实物风险，但市场需要增加透明度.
Important Notice 和 DisclaimerThis publication does not constitute an offer to sell, or the solicitation of an offer to buy, any securities or any interests in any investment products advised by, or the advisory services of, LaSalle Investment Management(连同其全球澳门黄金城赌城咨询子公司), “拉塞尔”). 本出版物的编写没有考虑到具体的澳门黄金城赌城目标, 财务状况或收件人的特殊需要，在任何情况下，本出版物本身都不打算, 或者作为, investment advice. 本出版物中所载的讨论仅供参考, do not constitute investment advice 和 are subject to correction, completion 和 amendment without notice. Further, nothing herein constitutes legal or tax advice. Prior to making any investment, an investor should consult with its own investment, 会计, legal 和 tax advisers to independently evaluate the risks, consequences 和 suitability of that investment.
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2024年4月17日
ISA简报:实践中的气候风险:区域、市场和资产层面的观点
近年来，人们越来越认识到气候风险会影响房地产澳门黄金城赌城结果.
