Climate Risk

The potential financial impact of climate change on investments. The potential for financial losses due to the physical impacts of climate change or the transition to a lower-carbon economy, a key consideration for the Pension Fund. The potential for financial losses due to the physical impacts of climate change or policy responses to it, discussed in relation to the Wales Pension Partnership's sub-funds. The potential for financial losses or negative impacts arising from climate change and its effects. Climate Risk. Risks related to climate change and environmental, social, and governance factors within investments. Risks associated with environmental, social, and governance factors that can impact investments. Risks associated with climate change and environmental, social, and governance factors that could impact the pension fund's investments.