The Bid

From hurricanes to wildfires to other extreme weather events, physical climate risk isn’t new. But the way we measure it is. Improvements in data over the past few years have allowed us to better understand why climate risk is an investment risk.On this episode of The Bid and our mini-series, "Sustainability. Our new standard," Trevor Houser, Partner at Rhodium Group, and Mary-Catherine Lader, BlackRock’s Head of Aladdin Sustainability, talk about advances in climate data and what these advancements mean for company behavior and investor portfolios in the future.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of date of publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary