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…
Can a single rating truly capture the complex financial impact of climate risk across diverse scenarios, time horizons, and asset types? At Scientific Climate Ratings (SCR), an EDHEC Venture, we firmly believe that the variability of climate impact across sectors, geographies, and assets requires a more robust and academically grounded approach. Our objective is to move beyond mere exposure scores…
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,…