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Clarity on climate

Recurso electrónico / Electronic resource
Seção: Artigos
Título: Clarity on climate / Russ BowdreyAutor: Bowdrey, Russ
Notas: Sumario: If we set aside our love of fi ne detail and getting super nerdy over the models, we can draw on a key part of our skillset in acting as master translator' for decision-makers helping them to slice through the fuzz of uncertainty and take decisive action. The key is to not fixate on the numbers, but instead to consider the trends that will lead to the right outcomes. The critical first step is, sensibly, measurement. But how do you make sure you take it seriously? In short: disclosure. The point of committing to disclose is to give the business the insight it needs to understand this new' risk. It is worth bearing in mind that taking climate disclosures seriously will not be optional for much longer, and that those viewed as leaders are not that far down the road. This is not to detract from their achievements they have certainly expended a lot of time and effort clearing a new path always takes a lot of work. However, with a focused project, appropriately guided by those with domain knowledge, it is very possible to catch up. Committing to disclose and applying a short concerted effort will yield a rich dataset for internal use even if disclosing it all may be unwise until the market has learnt how to digest such information.Registros relacionados: En: The Actuary : the magazine of the Institute & Faculty of Actuaries. - London : Redactive Publishing, 2019-. - 01/05/2020 Número 4 - mayo 2020 , p. 32-34Materia / lugar / evento: Gerencia de riesgos Riesgos emergentes Cambio climático Divulgación científica Análisis de datos Outras classificações: 7
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