A Random Walk into Climate Disaster
The capital markets theories of the 1950s and 1960s are based on assumptions that will render them obsolete as the shift towards a low carbon economy is gathering momentum. This has profound consequences for how portfolios are constructed, how companies are valued, the changing role of risk managers, and the type of data they need to inform decisions. This webinar aims to address the question, "What is really going on here?"
Data and Analytic Resources to Evaluate Climate Risk
Participants gain insights on both risk mitigation and revenue enhancement opportunities, with applications of risk data and analytics that are easily accessible on the web. Also, learn about recent developments in the context of machine learning and AI resources for better understanding climate risk implications, inclusive of free online toolsets. The domain of geospatial analytics are explored with respect to how unique insights from these models can be applied.
Climate Disclosures: Progress in the Banking Industry 2021 Update
BCS Consulting has produced its second comprehensive analysis of the implementation of the reporting framework outlined by the voluntary Task Force on Climate-related Financial Disclosures (TCFD) in the banking sector. In this webinar, Hector presents the key findings of the report in terms of endorsem*nt trends, implementation maturity, and key areas of focus and recommendations on how banks can improve their implementation of TCFD.
Climate Disclosures: Progress in the Banking Industry - 2020
Key Takeaways
- What are climate risks?
- Approaches to managing physical risks
- Approaches to managing transition risks
- Creating new investment opportunities
What Happens When an ESG Writer Rewrites the Database?
The explosion in ESG research has led to a strong reliance on ESG rating providers. In a research paper co-authored with Zacharias Sautner and Florian Berg, we document widespread changes to the historical ratings of one of the major rating agencies. Across two downloads in 2018 and 2020, we document large rewritings in ESG ratings, which are systematic and related to past performance.
