天有不测风云气候变化对企业有何风险_BEC初级作文

天有不测风云气候变化对企业有何风险

But the property and financial services sectors are also exposed to climate risk due to the life cycle of buildings and the nature of their long-term investments. All sectors, in fact, are affected in varying degrees, to climate and carbon risks.

但是，由于建筑物的生命周期和长期投资的性质，房地产和金融服务行业亦面临气候风险。事实上，所有行业都或多或少地受到气候和碳风险的影响。

Conventional financial analysis of carbon risk overlooks the “shadow liability” caused by potential carbon price liabilities from indirect exposures across the value chain.

针对碳风险所做的传统财务分析往往会忽略“影子负债”——它是整个价值链面临的间接风险有可能产生的碳价格负债所导致的。

This shadow liability is hard to analyze, as data is patchy and valuation methods vary. Inconsistent disclosure requirements around the world do not help either.

我们很难分析这种影子负债，因为相关数据非常零散，估值方法也不尽相同。世界各地不一致的披露要求同样无助于这种分析。

In the U.S., the SEC requires firms that file annual reports to communicate material climate change risks. In April, the European Parliament approved new rules that will require large listed firms to publish environment and social data in their reporting to investors. But this falls far short of a comprehensive and coordinated disclosure regime for companies’ overall exposure to carbon and climate risk.