Entelligent CEO Pooja Khosla spoke with Gitterman Wealth Management CEO Jeff Gitterman for an episode of his program The Impact on FinTechTV – live from the floor of NYSE and recorded during Climate Week NYC. (You can watch the complete video here.) The conversation ranged from the limitations of physical risk to the stumbles of ESG to “carbon tunnel vision” and – critically – to why transition risk matters now.
Here’s the deal: Asset managers and investors have long been aware of climate transition risk but in recent years— jolted awake by the shortcomings of ESG and “green” investing strategies—they are realizing just how significant it is.
The problem is, they don’t know how to measure it: The risk the industry thinks it’s measuring doesn’t account for the full extent of the risk in their holdings. And that’s urgent because the factors that underlie transition risk are having a bigger impact on investment performance.
Transition risk is happening now; and managing it is critical.
Watch the whole conversation here or connect with Pooja to find out more.
