Innovest puts price on riskApril 2003
An audit facility that helps fund managers assess the ‘carbon risks’ within their portfolios has been launched by Innovest Strategic Value Advisors.
The Carbon at Risk Audit assesses the financial risk to a company arising from climate change factors. It then assigns each company a rating based on the size of the risk relative to market capitalization.
Martin Whittaker, head of Innovest’s Carbon Finance practice in Canada, said there were ‘great differences’ in company risk even within sectors.
Already a member? click here to login