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 years, the dominant response has been reactive: Responding to climate shocks as they happen and relying heavily on ESG reporting to demonstrate compliance. This checklist mindset is losing both relevance and credibility for investors and issuers, in the face of today’s complex climate realities. Scientific Climate Ratings (SCR), an EDHEC venture, offers…