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…
Reuters news agency has published an exclusive article introducing Scientific Climate Ratings (SCR), an EDHEC venture, highlighting its distinctive position as the first agency to estimate projected financial losses for thousands of infrastructure assets across multiple climate change scenarios. The article authored by Simon Jessop, Editor of Sustainable Finance at Reuters, addressed the growing need to understand the potential costs…