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First Street’s Jeremy Porter Urges Holistic Approach to Assessing Climate Risk Impact

Jeremy Porter, chief economist at First Street, joined the REIT Report podcast to discuss the evolving landscape of climate risk and its significant impact on corporate operations and financial performance.

Porter explained how physical climate risk now propagates through assets, suppliers, commodities, customers, and transportation networks. “Prior to this, we were thinking about all of these independently, or we were thinking about a supply chain independent of physical climate risk, and the ability to sort of pull all of those things together really helps to price in the downside and to…

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