🌳 We were very pleased to welcome the Association française des investisseurs institutionnels (Af2i) to our offices for our workshop on Climate Risk Analysis, led by Pierre GIAI-LEVRA, Founding Partner at Anaxis Asset Management and responsible for ESG and sustainability matters, and Scott KIMAN, CFA, in charge of French Institutional Clients.
The main themes of the presentation:
➡️ Climate risk is now a fully fledged financial risk: it affects asset values, solvency, financing costs and the insurability of companies.
➡️ Two main categories of risks:
🔹Physical: extreme events, rising sea levels, heatwaves, etc.
🔹Transition: regulation, carbon pricing, technological change, reputation.
➡️ The challenge is no longer just mitigation, but also adaptation: strengthening the operational and financial resilience of companies.
➡️ A rigorous approach is based on:
🔹Analysis of exposures by activity and by geographical area
🔹Distinguishing between acute and chronic risks
🔹Assessing the full value chain
🔹Evaluating resilience and recovery capacity
➡️ The financial impacts are manifold:
🔹Higher costs (energy, insurance, compliance)
🔹Lower revenues
🔹Asset devaluation
🔹Risk of default and loss of financing
➡️ Climate scenarios and stress tests are becoming key tools for managing portfolios.
➡️ Objectives at Anaxis AM:
📍Identify the most vulnerable assets
📍Diversify allocations according to these new dimensions of risk
📍Strengthen portfolio resilience







