Deutsche Bank’s Tool Maps Climate-Change Investment Risks

Deutsche Bank AG’s asset-management unit is using a detailed map to determine where natural disasters spawned by climate change may pose the greatest risks to its investment portfolios.

Deutsche Asset Management and Four Twenty Seven, a California climate advisory firm, mapped the locations of more than 1 million corporate, manufacturing and retail sites globally to gauge companies’ exposure to hazards such as hurricanes, heat waves, floods, droughts and wildfires. Four Twenty Seven built the map tool.

Source: Deutsche Asset Management, Four Twenty Seven, Inc.

While such models previously have been used to predict catastrophic damage to insured assets, this is the first time it has been done ...