EPRI has embarked on this study to develop a public technical resource that can serve as a scientific foundation for informed dialogue and decision-making on company climate policy scenario analysis and emissions goals. A sound scientific understanding is a requisite first step for companies and stakeholders, as well as for developing methodologies and defensible decisions. In this study, EPRI analyzes and characterizes current scientific understanding, identifying technical issues confronting companies and others, and developing observations from the scientific literature relevant to company planning. Based on these observations, insights are derived for company analysis, proposed methodologies are evaluated, and steps for implementation are provided. Most insights are relevant to companies and stakeholders of any kind, but some are more relevant to electric power companies.
The paper reviews scientific scenarios to understand what the temperature goal means for different investment areas and analyses existing tools and activities at the multilateral development banks. Building on those, the research suggests various tools and approaches to align portfolios with the temperature goals, focusing on energy supply and transport investments. It provides recommendations to improve reporting and disclosure of climate-related financial as well as finance-related climate risks.
Moody's Climate Week Briefing will take place in New York on Thursday, September 27, 2018, for the third year.
The event is free to attend but registration for this event is required. Hosted by Moody’s Investors Service in partnership with the Climate Bond Initiative (CBI), the Climate Week Briefing 2018 will focus on the risks that the climate change poses on corporations and governments, and the role of the green bond market in promoting a low carbon economy.
Senior executives from the industry and Moody’s senior analysts will hold lively discussions on the following:
• The credit risks corporate sectors face as a result of carbon transition.
• The impact of physical climate risks on public finance issuers.
• How municipalities are incorporating green infrastructure and sustainability projects into critical programs.
This event will take place in New York during Climate Week.
Climate change already impacts how the world around us functions, and it will increasingly continue to do so well into the future. Successful organizations will design programs and products, build cities and infrastructure, and run businesses and institutions with an eye toward planning and preparing for prospective and likely changes to climate norms. Doing so requires forward-thinking organizations to re-evaluate governance, job descriptions, performance expectations and training requirements. ACCO and Baruch College invite public/private sector executives, officials and senior managers to a special Climate Week event featuring institutions that have been developing and implementing solutions to build institutional capacity for sound climate change.
This event will take place in New York during Climate Week NYC.
The Sustainable investment forum will be hosted by Climate Action. Building on the success of the 2017 edition, the Forum held in partnership with UNEP-FI will welcome over 300 attendees representing asset owners and managers, commercial banks, development institutions, and national policy makers. A dynamic mix of panel discussions, insight presentations, case studies and enhanced networking opportunities will build knowledge and foster collaboration on how best to accelerate sustainable investment.
The second annual Bloomberg Global Business Forum is the only venue dedicated to convening the most important global leaders from public and private sectors to discuss and address these challenges to shared prosperity, and build crucial partnerships between business and government to ensure its continued success. Through a series of insightful discussions and focused working groups, the Bloomberg Global Business Forum is an opportunity for presidents, prime ministers and CEOs to share their visions for sustainable economic development, and for the two groups to find new ways to work together toward common goals.
How we respond to today’s challenges will determine the next stage of the global economy. This one-of-a-kind platform for leadership and collaboration moves beyond the analysis and provides participants with a chance to shape it.
At the Insurance & Climate Risk conference we will look at the disruptive cascade effect of physical environmental risks and their impact on insurance risk as well as the threats and opportunities for investment, risk, actuarial and underwriting teams to consider in light to the adverse impacts of climate change.
In this post on the Harvard Law School Forum on Corporate Governance and Financial Regulation, Professor Cynthia Williams and Ellie Mulholland from the Commonwealth Climate and Law Initiative argue that avoid the risk of inadequate disclosures which capture the attention of regulators and potential litigants, companies should be disclosing in accordance with the TCFD recommendations.
These two webinars discuss the results of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and Acclimatise, which resulted in the new report “Navigating A New Climate”.
The banks set out to develop and test a widely applicable scenario-based approach for estimating the impact of climate change on their corporate lending portfolios as recommended by the Recommendations of the TCFD.
The webinar focussed on the physical-related risk and opportunities, which is the risk resulting from climate variability, extreme events and longer-term shifts in climate patterns, and constitutes the second in a two-part series publishing both the physical risk and transition risk assessment methodologies developed through the Working Group’s collaboration.