PT  - JOURNAL ARTICLE
AU  - Sucharita Gopal
AU  - Joshua Pitts
AU  - Kalyani Inampudi
AU  - Yingqiang Xu
AU  - Graham Cook
TI  - The Evolving Landscape of Big Data Analytics and ESG Materiality Mapping
AID  - 10.3905/jesg.2021.1.034
DP  - 2021 Nov 22
TA  - The Journal of Impact and ESG Investing
PG  - jesg.2021.1.034
4099  - https://pm-research.com/content/early/2021/11/22/jesg.2021.1.034.short
4100  - https://pm-research.com/content/early/2021/11/22/jesg.2021.1.034.full
AB  - Raging hurricanes, devastating floods, sea-level rise, heatwaves, and other extreme weather conditions are now attributed to climate change. The authors propose that climate change poses a significant investment risk in terms of economic losses and societal disruptions such as migration, infectious diseases, and increasing vulnerability of exposure to more frequently reoccurring weather events. They discuss optimum utilization of big data and data analytics along with artificial intelligence to assess the materiality of these potential risks in portfolios. Further, they highlight emerging and established approaches through two case studies on wine and coastal tourism industries to highlight how the overall investment management community can benchmark its exposure, risk, and vulnerabilities, coupled with future impacts and building resiliency, across portfolio management and investments.