Be resilient and manage the risks:
Geopolitical Economechanics Risk:
Global economy and citizen’s living can be impacted by the policies set by the leaders of major economic super powers.
Climate Change Risk:
Average temperature of human living space is getting hotter due the excessive accumulation of the Greenhouse gas (CO2) in the atmosphere which traps excessive heat in the atmosphere instead of dissipating into the outer space and causes extreme weather events such as scorching heat waves, powerful super storms, excessive flooding, sea level rising/land disappearing, long duration power outages, etc.
Sustainability Risks: Environmental, Social and Governance (ESG) Risks
Even though companies raised more capital in 2020 than ever before, Blackrock says that only 17% of their assets are sustainable under the new EU rule: Sustainable Finance Disclosure Regulation (SFDR).
Operational Risk: