Aspects of climate risks & opportunities – Delano

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Climate change was identified as a risk that must be managed, at a recent risk management conference organised by Alfi and Alrim.

“Whether you believe in it or not, if you have a client that believes that climate change is a risk, then it is your duty to identify and manage it,” Luc Neuberg, president of the Luxembourg Association for Risk Management, Alrim, explained at the conference.

However, beyond making sure you don’t leave the house without an umbrella, how do you actually manage climate as a risk?

According to Anouk Agnes, deputy director of the Association of the Luxembourg Fund Industry (Alfi), “There are several aspects related to climate change, including many opportunities.” 

In an interview, she told Delano that there are:

  • physical risks, where assets can be…

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