Davos Summit: Is corporate understanding of environmental risk starting to snowball?

"Climate risk, as with any other environmental, social, governance or financial risk which can impact a portfolio, needs to be assessed from a risk mitigation perspective but should also be considered as an investment opportunity, with the potential to offer good financial returns," she added. "On that basis, we believe that climate risk should not be neglected in the investment decisions that investors are making today," said Luisa Florez, senior responsible investment analyst at Axa Investment Managers, as quoted by Will Nichols in Business Green.