Infrastructure Investor published an interview with Rémy Estran-Fraioli, CEO of Scientific Climate Ratings, discussing the need for infrastructure investors and operators to assess climate risk through science-led ratings that prioritise financial materiality over policy targets, moving beyond generalist ESG ratings. Key insights from the interview: The ESG backlash is growing, particularly in the US, as corporates and investors are “tired…
In an interview published by Pensions & Investments (P&I), Rémy Estran-Fraioli, Chief Executive Officer of Scientific Climate Ratings (an EDHEC venture), outlined how his agency is redefining climate risk assessment for institutional investors. The interview, titled “A Scientific Approach to Quantifying Climate Risk”, highlighted how Scientific Climate Ratings delivers forward-looking, science-based ratings that translate complex climate data into expected monetary…
Infrastructure is highly vulnerable to climate risk, as it involves “long-term” fixed-location assets that cannot be easily relocated. Physical risks, such as floods and fires, and transition risks associated with the shift to a low-carbon economy pose significant threats to infrastructure assets, including devaluation, poor investment choices, and exposure to potential regulatory shifts. Research by the EDHEC Infra & Private…
Ethical Marketing News, a leading UK based news resource for marketers, highlighted the launch of Scientific Climate Ratings (SCR), the first agency fully dedicated to quantifying the financial materiality of climate risk. The report featured the agency’s coverage that offers more than 6,000 infrastructure assets that are accessible for free, and its scientific tools leveraging high-resolution geospatial data, proprietary climate…
Climate risks are material financial risks. Yet, for a long time, the financial world has mostly reacted to climate threats as they happened. They also relied heavily on Environmental, Social, and Governance (ESG) reporting to demonstrate compliance and show that they are “following the rules”. However, this checklist approach is increasingly losing both relevance and credibility among investors and issuers,…