In this episode of ESG Talks, Emilie Nadler, a Director on KBRA’s ESG team interviews Dr. Greg Characklis. Dr. Characklis serves as William R. Kenan, Jr. Distinguished Professor in the Department of Environmental Sciences and Engineering at the University of North Carolina (UNC) at Chapel Hill. He is also Director of the Center on Financial Risk in Environmental Systems, a research center that bridges the Gillings School of Global Public Health and the UNC Institute for the Environment, and is focused on translating environmental events such as floods, droughts and heatwaves into financial outcomes. The Center is currently engaged in projects funded by National Science Foundation, Department of Energy and the state of North Carolina to quantify the financial risks of extreme environmental events in a number of economic sectors, including water utilities, power utilities, agriculture, inland navigation (like the Mississippi River) and real estate. The Center’s research is highly interdisciplinary, drawing on the natural sciences, engineering and economics to develop an improved understanding of environmental financial risk, as well as new tools and strategies for managing it.