HSBC AM global head of responsible investing: 'Who cares if Miami is six metres under water in 100 years?'

Speaking at a Financial Times Moral Money event on Thursday (19 May), Kirk compared the climate crisis to the Y2K bug, bemoaning that throughout his financial career there has always been "some nutjob telling me about the end of the world". "What bothers me about this one is the amount of work these people make me do," he said. Presenting a speech entitled Why investors need not worry about climate risk, Kirk asked: "Who cares if Miami is six metres under water in 100 years? "Amsterdam has been six metres underwater for ages and that is a really nice place. We will cope with it." ...