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…