Chris Goolgasian On Adaptation Stocks & Strategy

What makes a company an "adaptation play?"

It's a question Chris Goolgasian, Director of Climate Research and portfolio manager at the $1.2trn investment company Wellington Management, has devoted himself to in recent years.

Chris oversees an investment strategy focused on stocks that should thrive as the world works to become more climate resilient — particularly those from companies that are addressing key climate risks: heat, drought, wildfires, hurricanes, floods, water scarcity, and sea level rise.

In this episode, he describes Wellington's approach to adaptation investment, talks about the challenges distinguishing signal from noise when it comes to picking adaptation stocks, and the similarities and differences relative to climate transition investing.

Chris then also shares some of his long-term predictions for climate-driven shifts in the economy, from the rise of subsidized air conditioning to the future pricing of water. These mega-trends could make, or break, entire sectors of the economy. Now's the time to get wise to them.

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