Natural capital: Allianz Global Corporate & Specialty assessed sector risks
Allianz Global Corporate & Specialty (AGCS) has published a new report “Measuring And Managing Environmental Exposure: A Business Sector Analysis of Natural Capital Risk” on June 12th, 2018. Most sectors have good reason to take action.
The study looks into 12 selected sectors. Biodiversity is one of five natural capital factors that were examined, the others being greenhouse gas emissions, nongreenhouse gas emissions, water and waste.
According to analysis from the insurer, four sectors are in the “danger zone”. For them, it is especially hard to mitigate their impact: oil and gas, mining, food and beverage, and transportation. They rank highest in terms of natural capital risk exposure.
Seven sectors are in the middle zone, meaning high levels of risk are evident for the automotive, chemical, clothing, construction, manufacturing, pharmaceutical and utilities sectors. AGCS believes that companies in these sectors need to be aware of their risk profile and work actively on mitigation to manage individual natural capital risks in their operations and supply chains.
Only one sector can be happy to find itself in the safe-haven zone: telecommunications.