Mercer, a global consulting leader in advancing health, wealth and career, reported its findings of the climate scenario with real estate in Investing in a Time of Climate Change – The Sequel (“the Sequel”).
Mercer’s climate scenario model is consistent with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and enables investors to assess climate-related financial risk for a total portfolio, across all asset classes and industry sectors, to quantify a forward-looking “climate impact on return” over multiple decades.
The Sequel models three climate change scenarios, a 2°C, 3°C and 4°C average warming increase on preindustrial levels, over three timeframes — 2030, 2050 and 2100. The longer timeframe (Mercer’s 2015 report was modeled to 2050) provides greater visibility into the ex