portfolios that help mitigating climate change risk but at the same time enable harvesting well-established return drivers such …

This paper presents a simple dynamic investment strategy that allows long-term passive investors to hedge climate risk …

and report climate risks as a learning tool to improve their climate-risk management. However, as a voluntary initiative …' comprehension of what constitutes a climate-risk, how to map such risks and how to report them. The mapping and reporting of climate …-related risk may otherwise prove an inefficient tool to redirect and accelerate investments promoting a low-carbon and climate …

-term transition scenarios, we document a significant variance among banks in their risk exposure, with the most exposed institutions …

the EU Sustainable Development Goals, this study aims to examine the impact of climate risk uncertainties (transitional … technological progress reduce ESG progress. This shows that the risk of climate change requires the introduction of stricter …

financial markets. The climate related risk is divided into three subcategories, the environmental uncertainty, the economic … climate risk and the climate policy risk, which all of them may affect the markets directly or indirectly. The perspective is … market valuation of the climate risk. …

This study examines the relationship between carbon risk and stock returns in Korea. We find that a firm’s carbon … intensity is a significant determinant of its cross-sectional stock returns. Stocks with high exposure to carbon risk exhibit … higher average returns. The abnormal return associated with carbon risk is statistically significant and cannot be explained …

We examine climate transition risk in New Zealand (NZ) equities given that NZ's greenhouse gas (GHG) emissions are … emissions are added, Fonterra (multinational dairy firm) is most at-risk. An asset pricing analysis shows that only volatility …

for investors’ equity risk assessments. First, we find that firms with higher levels of scope 1 and scope 2 GHG emissions …